LAC vs. LICY
Compare and contrast key facts about Lithium Americas Corp. (LAC) and Li-Cycle Holdings Corp. (LICY).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LAC or LICY.
Correlation
The correlation between LAC and LICY is 0.23, 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
LAC vs. LICY - Performance Comparison
Key characteristics
LAC:
-0.64
LICY:
-0.44
LAC:
-0.71
LICY:
-0.04
LAC:
0.92
LICY:
1.00
LAC:
-0.63
LICY:
-0.69
LAC:
-1.06
LICY:
-1.11
LAC:
48.90%
LICY:
61.38%
LAC:
81.19%
LICY:
153.98%
LAC:
-81.83%
LICY:
-98.89%
LAC:
-74.66%
LICY:
-98.70%
Fundamentals
LAC:
$893.17M
LICY:
$41.26M
LAC:
-$0.12
LICY:
-$5.58
LAC:
$53.31K
LICY:
$27.40M
LAC:
-$149.97K
LICY:
-$84.40M
LAC:
-$34.01M
LICY:
-$99.80M
Returns By Period
In the year-to-date period, LAC achieves a -53.59% return, which is significantly higher than LICY's -68.37% return.
LAC
-53.59%
-18.63%
4.21%
-54.17%
N/A
N/A
LICY
-68.37%
-29.86%
-71.15%
-68.16%
N/A
N/A
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Risk-Adjusted Performance
LAC vs. LICY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lithium Americas Corp. (LAC) and Li-Cycle Holdings Corp. (LICY). 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. LICY - Dividend Comparison
Neither LAC nor LICY has paid dividends to shareholders.
Drawdowns
LAC vs. LICY - Drawdown Comparison
The maximum LAC drawdown since its inception was -81.83%, smaller than the maximum LICY drawdown of -98.89%. Use the drawdown chart below to compare losses from any high point for LAC and LICY. For additional features, visit the drawdowns tool.
Volatility
LAC vs. LICY - Volatility Comparison
The current volatility for Lithium Americas Corp. (LAC) is 14.84%, while Li-Cycle Holdings Corp. (LICY) has a volatility of 25.21%. This indicates that LAC experiences smaller price fluctuations and is considered to be less risky than LICY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
LAC vs. LICY - Financials Comparison
This section allows you to compare key financial metrics between Lithium Americas Corp. and Li-Cycle Holdings Corp.. 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