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PLL vs. ALB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between PLL and ALB is 0.43, 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.


-0.50.00.51.00.4

Performance

PLL vs. ALB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Piedmont Lithium Inc. (PLL) and Albemarle Corporation (ALB). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
-13.05%
-4.38%
PLL
ALB

Key characteristics

Sharpe Ratio

PLL:

-0.74

ALB:

-0.68

Sortino Ratio

PLL:

-1.25

ALB:

-0.80

Omega Ratio

PLL:

0.87

ALB:

0.91

Calmar Ratio

PLL:

-0.76

ALB:

-0.51

Martin Ratio

PLL:

-1.17

ALB:

-1.30

Ulcer Index

PLL:

59.51%

ALB:

30.22%

Daily Std Dev

PLL:

93.77%

ALB:

57.87%

Max Drawdown

PLL:

-91.82%

ALB:

-77.22%

Current Drawdown

PLL:

-89.04%

ALB:

-71.96%

Fundamentals

Market Cap

PLL:

$214.91M

ALB:

$11.47B

EPS

PLL:

-$4.10

ALB:

-$16.76

Total Revenue (TTM)

PLL:

$19.32M

ALB:

$6.50B

Gross Profit (TTM)

PLL:

-$16.77M

ALB:

-$769.26M

Returns By Period

In the year-to-date period, PLL achieves a -68.28% return, which is significantly lower than ALB's -37.50% return.


PLL

YTD

-68.28%

1M

-26.90%

6M

-13.06%

1Y

-69.12%

5Y*

1.90%

10Y*

N/A

ALB

YTD

-37.50%

1M

-16.14%

6M

-4.38%

1Y

-36.64%

5Y*

5.98%

10Y*

5.49%

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

PLL vs. ALB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Piedmont Lithium Inc. (PLL) and Albemarle Corporation (ALB). 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.


Sharpe ratio
The chart of Sharpe ratio for PLL, currently valued at -0.76, compared to the broader market-4.00-2.000.002.00-0.76-0.68
The chart of Sortino ratio for PLL, currently valued at -1.31, compared to the broader market-4.00-2.000.002.004.00-1.31-0.80
The chart of Omega ratio for PLL, currently valued at 0.87, compared to the broader market0.501.001.502.000.870.91
The chart of Calmar ratio for PLL, currently valued at -0.77, compared to the broader market0.002.004.006.00-0.77-0.51
The chart of Martin ratio for PLL, currently valued at -1.20, compared to the broader market0.0010.0020.00-1.20-1.30
PLL
ALB

The current PLL Sharpe Ratio is -0.74, which is comparable to the ALB Sharpe Ratio of -0.68. The chart below compares the historical Sharpe Ratios of PLL and ALB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.20-1.00-0.80-0.60-0.40-0.200.00JulyAugustSeptemberOctoberNovemberDecember
-0.76
-0.68
PLL
ALB

Dividends

PLL vs. ALB - Dividend Comparison

PLL has not paid dividends to shareholders, while ALB's dividend yield for the trailing twelve months is around 1.81%.


TTM20232022202120202019201820172016201520142013
PLL
Piedmont Lithium Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
ALB
Albemarle Corporation
1.81%1.11%0.73%0.67%1.04%2.02%1.74%1.00%1.42%2.07%1.83%1.51%

Drawdowns

PLL vs. ALB - Drawdown Comparison

The maximum PLL drawdown since its inception was -91.82%, which is greater than ALB's maximum drawdown of -77.22%. Use the drawdown chart below to compare losses from any high point for PLL and ALB. For additional features, visit the drawdowns tool.


-90.00%-85.00%-80.00%-75.00%-70.00%-65.00%JulyAugustSeptemberOctoberNovemberDecember
-89.04%
-71.96%
PLL
ALB

Volatility

PLL vs. ALB - Volatility Comparison

Piedmont Lithium Inc. (PLL) has a higher volatility of 29.11% compared to Albemarle Corporation (ALB) at 14.40%. This indicates that PLL's price experiences larger fluctuations and is considered to be riskier than ALB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
29.11%
14.40%
PLL
ALB

Financials

PLL vs. ALB - Financials Comparison

This section allows you to compare key financial metrics between Piedmont Lithium Inc. and Albemarle Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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