SLDP vs. LICY
Compare and contrast key facts about Solid Power, Inc. (SLDP) and Li-Cycle Holdings Corp. (LICY).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SLDP or LICY.
Correlation
The correlation between SLDP and LICY is 0.39, 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
SLDP vs. LICY - Performance Comparison
Key characteristics
SLDP:
-0.27
LICY:
-0.45
SLDP:
0.10
LICY:
-0.07
SLDP:
1.01
LICY:
0.99
SLDP:
-0.22
LICY:
-0.71
SLDP:
-0.64
LICY:
-1.02
SLDP:
31.69%
LICY:
68.82%
SLDP:
75.13%
LICY:
156.86%
SLDP:
-92.80%
LICY:
-99.29%
SLDP:
-89.77%
LICY:
-99.13%
Fundamentals
SLDP:
$261.56M
LICY:
$35.20M
SLDP:
-$0.48
LICY:
-$5.58
SLDP:
$15.68M
LICY:
$21.00M
SLDP:
-$1.02M
LICY:
-$35.20M
SLDP:
-$52.27M
LICY:
-$34.70M
Returns By Period
In the year-to-date period, SLDP achieves a -23.28% return, which is significantly higher than LICY's -44.49% return.
SLDP
-23.28%
-12.65%
-0.68%
-13.17%
N/A
N/A
LICY
-44.49%
-12.06%
-52.23%
-69.84%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
SLDP vs. LICY — Risk-Adjusted Performance Rank
SLDP
LICY
SLDP vs. LICY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Solid Power, Inc. (SLDP) and Li-Cycle Holdings Corp. (LICY). 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
SLDP vs. LICY - Dividend Comparison
Neither SLDP nor LICY has paid dividends to shareholders.
Drawdowns
SLDP vs. LICY - Drawdown Comparison
The maximum SLDP drawdown since its inception was -92.80%, smaller than the maximum LICY drawdown of -99.29%. Use the drawdown chart below to compare losses from any high point for SLDP and LICY. For additional features, visit the drawdowns tool.
Volatility
SLDP vs. LICY - Volatility Comparison
The current volatility for Solid Power, Inc. (SLDP) is 16.56%, while Li-Cycle Holdings Corp. (LICY) has a volatility of 22.14%. This indicates that SLDP experiences smaller price fluctuations and is considered to be less risky than LICY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
SLDP vs. LICY - Financials Comparison
This section allows you to compare key financial metrics between Solid Power, Inc. and Li-Cycle Holdings 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