LAC vs. MP
Compare and contrast key facts about Lithium Americas Corp. (LAC) and MP Materials Corp. (MP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LAC or MP.
Correlation
The correlation between LAC and MP is 0.56, 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. MP - Performance Comparison
Key characteristics
LAC:
-0.64
MP:
-0.22
LAC:
-0.71
MP:
0.07
LAC:
0.92
MP:
1.01
LAC:
-0.63
MP:
-0.16
LAC:
-1.06
MP:
-0.50
LAC:
48.90%
MP:
25.54%
LAC:
81.19%
MP:
57.40%
LAC:
-81.83%
MP:
-81.99%
LAC:
-74.66%
MP:
-72.81%
Fundamentals
LAC:
$893.17M
MP:
$3.00B
LAC:
-$0.12
MP:
-$0.52
LAC:
$53.31K
MP:
$184.07M
LAC:
-$149.97K
MP:
$68.88M
LAC:
-$34.01M
MP:
$12.57M
Returns By Period
In the year-to-date period, LAC achieves a -53.59% return, which is significantly lower than MP's -20.20% return.
LAC
-53.59%
-18.63%
4.21%
-54.17%
N/A
N/A
MP
-20.20%
-13.11%
15.79%
-20.56%
N/A
N/A
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Risk-Adjusted Performance
LAC vs. MP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lithium Americas Corp. (LAC) and MP Materials Corp. (MP). 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. MP - Dividend Comparison
Neither LAC nor MP has paid dividends to shareholders.
Drawdowns
LAC vs. MP - Drawdown Comparison
The maximum LAC drawdown since its inception was -81.83%, roughly equal to the maximum MP drawdown of -81.99%. Use the drawdown chart below to compare losses from any high point for LAC and MP. For additional features, visit the drawdowns tool.
Volatility
LAC vs. MP - Volatility Comparison
The current volatility for Lithium Americas Corp. (LAC) is 14.84%, while MP Materials Corp. (MP) has a volatility of 21.89%. This indicates that LAC experiences smaller price fluctuations and is considered to be less risky than MP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
LAC vs. MP - Financials Comparison
This section allows you to compare key financial metrics between Lithium Americas Corp. and MP Materials 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