LAC vs. ALTM
Compare and contrast key facts about Lithium Americas Corp. (LAC) and Arcadium Lithium plc (ALTM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LAC or ALTM.
Correlation
The correlation between LAC and ALTM is 0.48, 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. ALTM - Performance Comparison
Key characteristics
LAC:
81.19%
ALTM:
76.70%
LAC:
-81.83%
ALTM:
-68.21%
LAC:
-74.66%
ALTM:
-31.79%
Fundamentals
LAC:
$893.17M
ALTM:
$5.47B
LAC:
-$0.12
ALTM:
$0.18
LAC:
$53.31K
ALTM:
$936.61M
LAC:
-$149.97K
ALTM:
$285.88M
LAC:
-$34.01M
ALTM:
$261.10M
Returns By Period
LAC
-53.59%
-18.63%
4.21%
-54.17%
N/A
N/A
ALTM
N/A
-6.91%
49.23%
N/A
N/A
N/A
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Risk-Adjusted Performance
LAC vs. ALTM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lithium Americas Corp. (LAC) 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
LAC vs. ALTM - Dividend Comparison
Neither LAC nor ALTM has paid dividends to shareholders.
Drawdowns
LAC vs. ALTM - Drawdown Comparison
The maximum LAC drawdown since its inception was -81.83%, which is greater than ALTM's maximum drawdown of -68.21%. Use the drawdown chart below to compare losses from any high point for LAC and ALTM. For additional features, visit the drawdowns tool.
Volatility
LAC vs. ALTM - Volatility Comparison
Lithium Americas Corp. (LAC) has a higher volatility of 14.84% compared to Arcadium Lithium plc (ALTM) at 5.98%. This indicates that LAC'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
LAC vs. ALTM - Financials Comparison
This section allows you to compare key financial metrics between Lithium Americas Corp. 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