ALTM vs. TSLA
Compare and contrast key facts about Arcadium Lithium plc (ALTM) and Tesla, Inc. (TSLA).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALTM or TSLA.
Key characteristics
| ALTM | TSLA | |
|---|---|---|
| YTD Return | -36.71% | -27.56% |
| 1Y Return | -49.38% | 12.08% |
| 3Y Return (Ann) | -13.74% | -7.63% |
| 5Y Return (Ann) | 0.16% | 60.43% |
| Sharpe Ratio | -0.77 | 0.24 |
| Daily Std Dev | 59.22% | 51.21% |
| Max Drawdown | -78.14% | -73.63% |
| Current Drawdown | -67.53% | -56.09% |
Fundamentals
| ALTM | TSLA | |
|---|---|---|
| Market Cap | $4.08B | $536.71B |
| PEG Ratio | 0.31 | 2.63 |
| Revenue (TTM) | $882.50M | $94.75B |
| Gross Profit (TTM) | $0.00 | $20.85B |
| EBITDA (TTM) | $429.70M | $12.26B |
Correlation
The correlation between ALTM and TSLA is 0.39, 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
ALTM vs. TSLA - Performance Comparison
In the year-to-date period, ALTM achieves a -36.71% return, which is significantly lower than TSLA's -27.56% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ALTM vs. TSLA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Arcadium Lithium plc (ALTM) and Tesla, Inc. (TSLA). 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
ALTM vs. TSLA - Dividend Comparison
Neither ALTM nor TSLA has paid dividends to shareholders.
Drawdowns
ALTM vs. TSLA - Drawdown Comparison
The maximum ALTM drawdown since its inception was -78.14%, which is greater than TSLA's maximum drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for ALTM and TSLA. For additional features, visit the drawdowns tool.
Volatility
ALTM vs. TSLA - Volatility Comparison
The current volatility for Arcadium Lithium plc (ALTM) is 21.60%, while Tesla, Inc. (TSLA) has a volatility of 23.47%. This indicates that ALTM experiences smaller price fluctuations and is considered to be less risky than TSLA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ALTM vs. TSLA - Financials Comparison
This section allows you to compare key financial metrics between Arcadium Lithium plc and Tesla, Inc.. 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