LASE vs. NAMM
LASE (Laser Photonics Corporation) and NAMM (Namib Minerals) are both stocks. LASE operates in Specialty Industrial Machinery (Industrials), while NAMM operates in Gold (Basic Materials). Over the past year, LASE returned -63.43% vs -68.78% for NAMM. Their 0.03 correlation means their historical movements had little consistent relationship.
Performance
LASE vs. NAMM - Performance Comparison
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Returns By Period
In the year-to-date period, LASE achieves a -60.32% return, which is significantly lower than NAMM's 31.68% return.
LASE
- 1D
- 0.00%
- 1M
- -30.00%
- 6M
- -49.48%
- YTD
- -60.32%
- 1Y
- -63.43%
- 3Y*
- -28.58%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -34.63%
NAMM
- 1D
- -4.32%
- 1M
- -26.52%
- 6M
- -63.86%
- YTD
- 31.68%
- 1Y
- -68.78%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -89.20%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $5.58M | $4.08M | $36.75M | |
NAMM Namib Minerals | $452.57K | $422.89K | $2.24M |
LASE vs. NAMM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
LASE Laser Photonics Corporation | -60.32% | 7.39% |
NAMM Namib Minerals | 31.68% | -94.13% |
Correlation
The correlation between LASE and NAMM is 0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.07 |
Correlation (All Time) Calculated using the full available price history since Jun 6, 2025 | 0.03 |
Fundamentals
LASE:
$16.79M
NAMM:
$72.46M
LASE:
$7.14M
NAMM:
-$23.73M
LASE:
$2.22M
NAMM:
-$12.71M
LASE:
-$8.37M
NAMM:
-$15.21M
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Return for Risk
LASE vs. NAMM — Risk / Return Rank
LASE
NAMM
LASE vs. NAMM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Laser Photonics Corporation (LASE) and Namib Minerals (NAMM). 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.
| LASE | NAMM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.06 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | -0.84 | +0.12 |
| Martin ratioReturn relative to average drawdown | -0.96 | -1.11 | +0.15 |
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Drawdowns
LASE vs. NAMM - Drawdown Comparison
The maximum LASE drawdown since its inception was -96.80%, roughly equal to the maximum NAMM drawdown of -97.05%. Use the drawdown chart below to compare losses from any high point for LASE and NAMM.
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Drawdown Indicators
| LASE | NAMM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.80% | -97.05% | +0.25% |
Max Drawdown (1Y)Largest decline over 1 year | -90.76% | -79.37% | -11.39% |
Max Drawdown (3Y)Largest decline over 3 years | -96.80% | — | — |
Current DrawdownCurrent decline from peak | -94.79% | -95.74% | +0.95% |
Average DrawdownAverage peak-to-trough decline | -71.46% | -89.15% | +17.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 67.55% | 59.72% | +7.83% |
Volatility
LASE vs. NAMM - Volatility Comparison
Laser Photonics Corporation (LASE) has a higher volatility of 34.45% compared to Namib Minerals (NAMM) at 23.25%. This indicates that LASE's price experiences larger fluctuations and is considered to be riskier than NAMM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LASE | NAMM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 34.45% | 23.25% | +11.20% |
Volatility (6M)Calculated over the trailing 6-month period | 149.96% | 92.00% | +57.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 234.89% | 202.25% | +32.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 185.23% | 219.62% | -34.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 185.23% | 219.62% | -34.39% |
Dividends
LASE vs. NAMM - Dividend Comparison
Neither LASE nor NAMM has paid dividends to shareholders.
Financials
LASE vs. NAMM - Financials Comparison
This section allows you to compare key financial metrics between Laser Photonics Corporation and Namib Minerals. 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
Frequently Asked Questions
LASE and NAMM have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LASE has higher volatility (34.45%) compared to NAMM (23.25%). In terms of maximum drawdown, LASE dropped -96.80% vs NAMM's -97.05%.
LASE currently has the higher Sharpe Ratio (-0.28 vs -0.33), 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.
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