ALBA.L vs. ALTM
Compare and contrast key facts about Alba Mineral Resources (ALBA.L) and Arcadium Lithium plc (ALTM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALBA.L or ALTM.
Correlation
The correlation between ALBA.L and ALTM is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ALBA.L vs. ALTM - Performance Comparison
Key characteristics
ALBA.L:
-0.94
ALTM:
0.16
ALBA.L:
-1.61
ALTM:
0.96
ALBA.L:
0.67
ALTM:
1.11
ALBA.L:
-0.75
ALTM:
0.18
ALBA.L:
-1.40
ALTM:
0.42
ALBA.L:
53.76%
ALTM:
28.86%
ALBA.L:
79.85%
ALTM:
73.83%
ALBA.L:
-99.82%
ALTM:
-68.21%
ALBA.L:
-99.80%
ALTM:
-19.27%
Fundamentals
ALBA.L:
£2.57M
ALTM:
$6.17B
ALBA.L:
£0.00
ALTM:
$0.18
ALBA.L:
0.00
ALTM:
1.07
ALBA.L:
-£6.00K
ALTM:
$239.21M
ALBA.L:
-£483.00K
ALTM:
$196.10M
Returns By Period
In the year-to-date period, ALBA.L achieves a -0.00% return, which is significantly lower than ALTM's 11.89% return.
ALBA.L
-0.00%
-0.00%
-37.33%
-75.26%
-27.85%
-21.79%
ALTM
11.89%
8.92%
100.70%
22.65%
N/A
N/A
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Risk-Adjusted Performance
ALBA.L vs. ALTM — Risk-Adjusted Performance Rank
ALBA.L
ALTM
ALBA.L vs. ALTM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Alba Mineral Resources (ALBA.L) and Arcadium Lithium plc (ALTM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ALBA.L vs. ALTM - Dividend Comparison
Neither ALBA.L nor ALTM has paid dividends to shareholders.
Drawdowns
ALBA.L vs. ALTM - Drawdown Comparison
The maximum ALBA.L drawdown since its inception was -99.82%, which is greater than ALTM's maximum drawdown of -68.21%. Use the drawdown chart below to compare losses from any high point for ALBA.L and ALTM. For additional features, visit the drawdowns tool.
Volatility
ALBA.L vs. ALTM - Volatility Comparison
Alba Mineral Resources (ALBA.L) has a higher volatility of 14.17% compared to Arcadium Lithium plc (ALTM) at 8.21%. This indicates that ALBA.L's price experiences larger fluctuations and is considered to be riskier than ALTM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ALBA.L vs. ALTM - Financials Comparison
This section allows you to compare key financial metrics between Alba Mineral Resources and Arcadium Lithium plc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities