MP vs. LAC
Compare and contrast key facts about MP Materials Corp. (MP) and Lithium Americas Corp. (LAC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MP or LAC.
Correlation
The correlation between MP and LAC is 0.57, 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
MP vs. LAC - Performance Comparison
Key characteristics
MP:
0.52
LAC:
-0.38
MP:
1.17
LAC:
-0.06
MP:
1.14
LAC:
0.99
MP:
0.37
LAC:
-0.37
MP:
1.67
LAC:
-0.62
MP:
18.32%
LAC:
49.48%
MP:
59.05%
LAC:
81.33%
MP:
-81.99%
LAC:
-81.83%
MP:
-64.06%
LAC:
-70.22%
Fundamentals
MP:
$3.42B
LAC:
$893.17M
MP:
-$0.52
LAC:
-$0.12
MP:
$142.87M
LAC:
$53.31K
MP:
$28.33M
LAC:
-$149.97K
MP:
$13.26M
LAC:
-$19.65M
Returns By Period
In the year-to-date period, MP achieves a 34.23% return, which is significantly higher than LAC's 17.51% return.
MP
34.23%
25.16%
46.54%
32.03%
N/A
N/A
LAC
17.51%
19.11%
22.89%
-28.34%
N/A
N/A
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Risk-Adjusted Performance
MP vs. LAC — Risk-Adjusted Performance Rank
MP
LAC
MP vs. LAC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MP Materials Corp. (MP) 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
MP vs. LAC - Dividend Comparison
Neither MP nor LAC has paid dividends to shareholders.
Drawdowns
MP vs. LAC - Drawdown Comparison
The maximum MP drawdown since its inception was -81.99%, roughly equal to the maximum LAC drawdown of -81.83%. Use the drawdown chart below to compare losses from any high point for MP and LAC. For additional features, visit the drawdowns tool.
Volatility
MP vs. LAC - Volatility Comparison
MP Materials Corp. (MP) has a higher volatility of 22.78% compared to Lithium Americas Corp. (LAC) at 16.21%. This indicates that MP'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
MP vs. LAC - Financials Comparison
This section allows you to compare key financial metrics between MP Materials 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