LAC vs. ALB
Compare and contrast key facts about Lithium Americas Corp. (LAC) and Albemarle Corporation (ALB).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LAC or ALB.
Correlation
The correlation between LAC and ALB is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LAC vs. ALB - Performance Comparison
Key characteristics
LAC:
-0.64
ALB:
-0.64
LAC:
-0.71
ALB:
-0.70
LAC:
0.92
ALB:
0.92
LAC:
-0.63
ALB:
-0.48
LAC:
-1.06
ALB:
-1.21
LAC:
48.90%
ALB:
30.33%
LAC:
81.19%
ALB:
57.72%
LAC:
-81.83%
ALB:
-77.22%
LAC:
-74.66%
ALB:
-72.05%
Fundamentals
LAC:
$893.17M
ALB:
$11.47B
LAC:
-$0.12
ALB:
-$16.76
LAC:
$53.31K
ALB:
$6.50B
LAC:
-$149.97K
ALB:
-$769.26M
LAC:
-$34.01M
ALB:
-$2.03B
Returns By Period
In the year-to-date period, LAC achieves a -53.59% return, which is significantly lower than ALB's -37.69% return.
LAC
-53.59%
-18.63%
4.21%
-54.17%
N/A
N/A
ALB
-37.69%
-18.76%
-5.55%
-38.11%
5.91%
5.31%
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Risk-Adjusted Performance
LAC vs. ALB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lithium Americas Corp. (LAC) and Albemarle Corporation (ALB). 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
LAC vs. ALB - Dividend Comparison
LAC has not paid dividends to shareholders, while ALB's dividend yield for the trailing twelve months is around 1.82%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Lithium Americas Corp. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Albemarle Corporation | 1.82% | 1.11% | 0.73% | 0.67% | 1.04% | 2.02% | 1.74% | 1.00% | 1.42% | 2.07% | 1.83% | 1.51% |
Drawdowns
LAC vs. ALB - Drawdown Comparison
The maximum LAC drawdown since its inception was -81.83%, which is greater than ALB's maximum drawdown of -77.22%. Use the drawdown chart below to compare losses from any high point for LAC and ALB. For additional features, visit the drawdowns tool.
Volatility
LAC vs. ALB - Volatility Comparison
Lithium Americas Corp. (LAC) has a higher volatility of 14.84% compared to Albemarle Corporation (ALB) at 13.88%. This indicates that LAC's price experiences larger fluctuations and is considered to be riskier than ALB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
LAC vs. ALB - Financials Comparison
This section allows you to compare key financial metrics between Lithium Americas Corp. and Albemarle Corporation. 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