LASE vs. NAMM

Last updated Jun 4, 2026

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). At a 0.04 correlation, their price movements are largely independent.

Performance

LASE vs. NAMM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Laser Photonics Corporation (LASE) and Namib Minerals (NAMM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LASE achieves a 26.72% return, which is significantly lower than NAMM's 131.68% return.

LASE

• 1D: 29.34%
• 1M: 335.69%
• YTD: 26.72%
• 6M: 3.64%
• 1Y: 32.63%
• 3Y*: -2.24%
• 5Y*: —
• 10Y*: —

NAMM

• 1D: -3.31%
• 1M: 21.88%
• YTD: 131.68%
• 6M: 77.27%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

LASE vs. NAMM - Yearly Performance Comparison

	2026 (YTD)	2025
LASE Laser Photonics Corporation	26.72%	9.78%
NAMM Namib Minerals	131.68%	-96.76%

Correlation

The correlation between LASE and NAMM is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 9, 2025	0.04

Fundamentals

EPS LASE : -$0.48 NAMM : -$0.80
Total Revenue (TTM) LASE : $7.14M NAMM : -$23.73M
Gross Profit (TTM) LASE : $2.22M NAMM : -$12.71M
EBITDA (TTM) LASE : -$8.37M NAMM : -$15.21M

Return for Risk

LASE vs. NAMM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LASE

LASE Risk / Return Rank: 60
LASE Sharpe Ratio Rank: 46
LASE Sortino Ratio Rank: 79
LASE Omega Ratio Rank: 77
LASE Calmar Ratio Rank: 49
LASE Martin Ratio Rank: 47

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.

	LASE	NAMM	Difference
Sharpe ratio: Return per unit of total volatility	0.14	—	—
Sortino ratio: Return per unit of downside risk	2.23	—	—
Omega ratio: Gain probability vs. loss probability	1.28	—	—
Calmar ratio: Return relative to maximum drawdown	0.36	—	—
Martin ratio: Return relative to average drawdown	0.53	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	LASE	NAMM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.14	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.03	-0.42	+0.45

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.

Drawdown Indicators

	LASE	NAMM	Difference
Max Drawdown Largest peak-to-trough decline	-96.80%	-97.05%	+0.25%
Max Drawdown (1Y) Largest decline over 1 year	-90.76%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-96.80%	—	—
Current Drawdown Current decline from peak	-83.35%	-92.50%	+9.15%
Average Drawdown Average peak-to-trough decline	-70.16%	-88.63%	+18.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	61.35%	—	—

Volatility

Volatility by Period

	LASE	NAMM	Difference
Volatility (1M) Calculated over the trailing 1-month period	100.29%	—	—
Volatility (6M) Calculated over the trailing 6-month period	142.09%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	230.98%	220.02%	+10.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	184.60%	220.02%	-35.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	184.60%	220.02%	-35.42%

Dividends

LASE vs. NAMM - Dividend Comparison

Neither LASE nor NAMM has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both LASE and NAMM in my portfolio?

LASE and NAMM have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.