HDSN vs. LAC

Last updated Aug 1, 2026

HDSN (Hudson Technologies, Inc.) and LAC (Lithium Americas Corp.) are both stocks. Both are in the Basic Materials sector — HDSN in Specialty Chemicals, LAC in Other Industrial Metals & Mining. Over the past year, HDSN returned -36.75% vs 12.55% for LAC. Their 0.28 correlation means their historical movements had little consistent relationship.

Performance

HDSN vs. LAC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hudson Technologies, Inc. (HDSN) and Lithium Americas Corp. (LAC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HDSN achieves a -11.82% return, which is significantly higher than LAC's -34.17% return.

HDSN

• 1D: 4.14%
• 1M: 0.83%
• 6M: -15.76%
• YTD: -11.82%
• 1Y: -36.75%
• 3Y*: -13.24%
• 5Y*: 11.79%
• 10Y*: 1.47%
• ALL TIME*: 0.09%

LAC

• 1D: -0.69%
• 1M: -23.67%
• 6M: -41.07%
• YTD: -34.17%
• 1Y: 12.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -32.68%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
HDSN Hudson Technologies, Inc.	$2.45M	$3.13M	$3.06M
LAC Lithium Americas Corp.	$21.24M	$30.56M	$47.54M

HDSN vs. LAC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
HDSN Hudson Technologies, Inc.	-11.82%	22.76%	-58.64%	1.43%
LAC Lithium Americas Corp.	-34.17%	46.80%	-53.59%	-27.19%

Correlation

The correlation between HDSN and LAC is 0.26, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.26
Correlation (All Time) Calculated using the full available price history since Oct 2, 2023	0.28

Fundamentals

Market Cap HDSN : $254.10M LAC : $640.81M
EPS HDSN : $0.33 LAC : -$0.26
PB Ratio HDSN : 1.08 LAC : 0.75
Total Revenue (TTM) HDSN : $251.42M LAC : $0.00
Gross Profit (TTM) HDSN : $61.88M LAC : -$580.22K
EBITDA (TTM) HDSN : $22.33M LAC : -$52.10M

Return for Risk

HDSN vs. LAC — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

HDSN

HDSN Risk / Return Rank: 16
HDSN Sharpe Ratio Rank: 11
HDSN Sortino Ratio Rank: 15
HDSN Omega Ratio Rank: 12
HDSN Calmar Ratio Rank: 19
HDSN Martin Ratio Rank: 21

LAC

LAC Risk / Return Rank: 56
LAC Sharpe Ratio Rank: 49
LAC Sortino Ratio Rank: 68
LAC Omega Ratio Rank: 64
LAC Calmar Ratio Rank: 50
LAC Martin Ratio Rank: 48

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

HDSN vs. LAC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hudson Technologies, Inc. (HDSN) and Lithium Americas Corp. (LAC). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	HDSN	LAC	Difference
Sharpe ratio: Return per unit of total volatility	-0.77	0.09	-0.86
Sortino ratio: Return per unit of downside risk	-0.84	1.40	-2.24
Omega ratio: Gain probability vs. loss probability	0.87	1.16	-0.28
Calmar ratio: Return relative to maximum drawdown	-0.67	0.16	-0.83
Martin ratio: Return relative to average drawdown	-1.06	0.25	-1.31

HDSN vs. LAC - Sharpe Ratio Comparison

The current HDSN Sharpe Ratio is -0.77, which is lower than the LAC Sharpe Ratio of 0.09. The chart below compares the historical Sharpe Ratios of HDSN and LAC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HDSN vs. LAC - Drawdown Comparison

The maximum HDSN drawdown since its inception was -98.81%, which is greater than LAC's maximum drawdown of -81.83%. Use the drawdown chart below to compare losses from any high point for HDSN and LAC.

Drawdown Indicators

	HDSN	LAC	Difference
Max Drawdown Largest peak-to-trough decline	-98.81%	-81.83%	-16.98%
Max Drawdown (1Y) Largest decline over 1 year	-53.64%	-73.03%	+19.39%
Max Drawdown (3Y) Largest decline over 3 years	-67.65%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-67.65%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-96.72%	—	—
Current Drawdown Current decline from peak	-76.88%	-75.51%	-1.37%
Average Drawdown Average peak-to-trough decline	-83.32%	-63.46%	-19.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	33.70%	47.39%	-13.69%

Volatility

HDSN vs. LAC - Volatility Comparison

The current volatility for Hudson Technologies, Inc. (HDSN) is 12.48%, while Lithium Americas Corp. (LAC) has a volatility of 16.02%. This indicates that HDSN experiences smaller price fluctuations and is considered to be less risky than LAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HDSN	LAC	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.48%	16.02%	-3.54%
Volatility (6M) Calculated over the trailing 6-month period	35.59%	49.65%	-14.06%
Volatility (1Y) Calculated over the trailing 1-year period	48.26%	131.45%	-83.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	56.92%	99.78%	-42.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	77.90%	99.78%	-21.88%

Dividends

HDSN vs. LAC - Dividend Comparison

Neither HDSN nor LAC has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both HDSN and LAC in my portfolio?

HDSN and LAC have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HDSN or LAC?

LAC has higher volatility (16.02%) compared to HDSN (12.48%). In terms of maximum drawdown, HDSN dropped -98.81% vs LAC's -81.83%.

Which has better risk-adjusted returns?

LAC currently has the higher Sharpe Ratio (0.09 vs -0.77), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.