LPTH vs. PZG
LPTH (LightPath Technologies, Inc.) and PZG (Paramount Gold Nevada Corp.) are both stocks. LPTH operates in Electronic Components (Technology), while PZG operates in Gold (Basic Materials). Over the past 10 years, LPTH returned 22.79%/yr vs -2.68%/yr for PZG. At a 0.07 correlation, their price movements are largely independent.
Performance
LPTH vs. PZG - Performance Comparison
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Returns By Period
In the year-to-date period, LPTH achieves a 32.04% return, which is significantly higher than PZG's -3.17% return. Over the past 10 years, LPTH has outperformed PZG with an annualized return of 22.79%, while PZG has yielded a comparatively lower -2.68% annualized return.
LPTH
- 1D
- -8.82%
- 1M
- 23.78%
- YTD
- 32.04%
- 6M
- 76.05%
- 1Y
- 360.00%
- 3Y*
- 116.77%
- 5Y*
- 38.88%
- 10Y*
- 22.79%
PZG
- 1D
- 6.09%
- 1M
- -13.48%
- YTD
- -3.17%
- 6M
- 3.39%
- 1Y
- 95.51%
- 3Y*
- 61.43%
- 5Y*
- 3.05%
- 10Y*
- -2.68%
LPTH vs. PZG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LPTH LightPath Technologies, Inc. | 32.04% | 205.95% | 180.16% | 3.28% | -50.00% | -37.76% | 440.69% | -51.34% | -32.88% | 44.16% |
PZG Paramount Gold Nevada Corp. | -3.17% | 268.42% | -8.80% | 8.70% | -50.62% | -40.29% | 51.28% | -6.82% | -36.15% | -26.97% |
Correlation
The correlation between LPTH and PZG is 0.15, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.15 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since May 8, 2006 | 0.07 |
Fundamentals
LPTH:
$836.05M
PZG:
$101.42M
LPTH:
-$85.64K
PZG:
-$0.09
LPTH:
0.00
PZG:
2.87
LPTH:
$19.15T
PZG:
$0.00
LPTH:
$6.96T
PZG:
-$892.14K
LPTH:
-$4.25T
PZG:
-$11.01M
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Return for Risk
LPTH vs. PZG — Risk / Return Rank
LPTH
PZG
LPTH vs. PZG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LightPath Technologies, Inc. (LPTH) and Paramount Gold Nevada Corp. (PZG). 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.
| LPTH | PZG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.10 | ||
| Sortino ratioReturn per unit of downside risk | +1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.26 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 10.18 | 1.81 | +8.37 |
| Martin ratioReturn relative to average drawdown | 23.51 | 4.55 | +18.96 |
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Drawdowns
LPTH vs. PZG - Drawdown Comparison
The maximum LPTH drawdown since its inception was -99.65%, which is greater than PZG's maximum drawdown of -93.81%. Use the drawdown chart below to compare losses from any high point for LPTH and PZG.
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Drawdown Indicators
| LPTH | PZG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.65% | -93.81% | -5.84% |
Max Drawdown (1Y)Largest decline over 1 year | -40.52% | -59.18% | +18.66% |
Max Drawdown (3Y)Largest decline over 3 years | -61.08% | -59.18% | -1.90% |
Max Drawdown (5Y)Largest decline over 5 years | -64.66% | -74.05% | +9.39% |
Max Drawdown (10Y)Largest decline over 10 years | -86.28% | -90.14% | +3.86% |
Current DrawdownCurrent decline from peak | -78.17% | -72.40% | -5.77% |
Average DrawdownAverage peak-to-trough decline | -86.30% | -68.56% | -17.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.52% | 23.55% | -6.03% |
Volatility
LPTH vs. PZG - Volatility Comparison
LightPath Technologies, Inc. (LPTH) has a higher volatility of 37.05% compared to Paramount Gold Nevada Corp. (PZG) at 20.02%. This indicates that LPTH's price experiences larger fluctuations and is considered to be riskier than PZG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LPTH | PZG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 37.05% | 20.02% | +17.03% |
Volatility (6M)Calculated over the trailing 6-month period | 83.89% | 58.59% | +25.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 115.53% | 72.84% | +42.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 83.02% | 63.02% | +20.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 79.57% | 60.76% | +18.81% |
Dividends
LPTH vs. PZG - Dividend Comparison
Neither LPTH nor PZG has paid dividends to shareholders.
Financials
LPTH vs. PZG - Financials Comparison
This section allows you to compare key financial metrics between LightPath Technologies, Inc. and Paramount Gold Nevada 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
Frequently Asked Questions
LPTH and PZG have a correlation of 0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LPTH has higher volatility (37.05%) compared to PZG (20.02%). In terms of maximum drawdown, LPTH dropped -99.65% vs PZG's -93.81%.
LPTH currently has the higher Sharpe Ratio (3.57 vs 1.47), 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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