LICY vs. LAC
Compare and contrast key facts about Li-Cycle Holdings Corp. (LICY) and Lithium Americas Corp. (LAC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LICY or LAC.
Correlation
The correlation between LICY and LAC 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
LICY vs. LAC - Performance Comparison
Key characteristics
LICY:
-0.47
LAC:
-0.69
LICY:
-0.21
LAC:
-0.86
LICY:
0.98
LAC:
0.90
LICY:
-0.74
LAC:
-0.69
LICY:
-1.19
LAC:
-1.15
LICY:
61.13%
LAC:
48.76%
LICY:
154.34%
LAC:
81.55%
LICY:
-98.89%
LAC:
-81.83%
LICY:
-98.75%
LAC:
-74.91%
Fundamentals
LICY:
$41.26M
LAC:
$893.17M
LICY:
-$5.58
LAC:
-$0.12
LICY:
$27.40M
LAC:
$53.31K
LICY:
-$84.40M
LAC:
-$149.97K
LICY:
-$99.80M
LAC:
-$34.01M
Returns By Period
In the year-to-date period, LICY achieves a -69.65% return, which is significantly lower than LAC's -54.06% return.
LICY
-69.65%
-38.26%
-69.06%
-69.35%
N/A
N/A
LAC
-54.06%
-21.39%
3.52%
-52.35%
N/A
N/A
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Risk-Adjusted Performance
LICY vs. LAC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Li-Cycle Holdings Corp. (LICY) and Lithium Americas Corp. (LAC). 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
LICY vs. LAC - Dividend Comparison
Neither LICY nor LAC has paid dividends to shareholders.
Drawdowns
LICY vs. LAC - Drawdown Comparison
The maximum LICY drawdown since its inception was -98.89%, which is greater than LAC's maximum drawdown of -81.83%. Use the drawdown chart below to compare losses from any high point for LICY and LAC. For additional features, visit the drawdowns tool.
Volatility
LICY vs. LAC - Volatility Comparison
Li-Cycle Holdings Corp. (LICY) has a higher volatility of 25.34% compared to Lithium Americas Corp. (LAC) at 14.75%. This indicates that LICY's price experiences larger fluctuations and is considered to be riskier than LAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
LICY vs. LAC - Financials Comparison
This section allows you to compare key financial metrics between Li-Cycle Holdings Corp. and Lithium Americas 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