Electra Competitors
| ELBM Stock | USD 0.94 0.03 3.09% |
Electra Battery vs Lithium Argentina Correlation
Good diversification
The correlation between Electra Battery Materials and LAR is -0.03 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Electra Battery Materials and LAR in the same portfolio, assuming nothing else is changed.
Moving against Electra Stock
As of the 4th of February 2026, Return On Tangible Assets is likely to drop to -0.18. In addition to that, Return On Capital Employed is likely to grow to -0.19. At this time, Electra Battery's Total Current Assets are very stable compared to the past year. As of the 4th of February 2026, Debt To Assets is likely to grow to 0.46, while Total Assets are likely to drop about 102.9 M.Electra Battery Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Electra Battery and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Electra and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Electra Battery Materials does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Electra Stock performing well and Electra Battery Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Electra Battery's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GSM | 2.49 | 0.07 | 0.02 | 0.13 | 3.21 | 5.66 | 19.69 | |||
| NEXA | 3.35 | 1.31 | 0.43 | 1.21 | 2.40 | 7.80 | 18.87 | |||
| CMP | 2.38 | 0.54 | 0.16 | 0.35 | 3.05 | 4.98 | 19.48 | |||
| SLI | 3.86 | 0.29 | 0.04 | 0.89 | 5.42 | 6.98 | 24.43 | |||
| TMQ | 4.11 | 0.21 | 0.03 | 0.30 | 5.13 | 7.81 | 29.21 | |||
| NAK | 3.95 | 0.03 | 0.02 | 0.07 | 4.29 | 8.29 | 22.41 | |||
| CRML | 7.40 | 0.36 | 0.06 | 0.22 | 7.15 | 20.25 | 50.50 | |||
| ASPI | 4.90 | (0.38) | 0.00 | (0.09) | 0.00 | 16.16 | 29.92 | |||
| LAR | 3.85 | 0.81 | 0.18 | 1.83 | 3.99 | 9.25 | 23.79 |
Cross Equities Net Income Analysis
Compare Electra Battery Materials and related stocks such as Ferroglobe PLC, Nexa Resources SA, and Compass Minerals Int Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GSM | 35.2 M | 35.2 M | 35.2 M | 28.4 M | 38.4 M | (43.3 M) | (136.6 M) | 25.2 M | 89.5 M | (369.5 M) | (246.3 M) | (110.6 M) | 440.3 M | 82.7 M | 23.5 M | 27.1 M | 28.4 M |
| NEXA | (33.8 M) | (33.8 M) | (33.8 M) | (33.8 M) | (33.8 M) | (129.5 M) | 93.2 M | 126.9 M | 74.9 M | (145.1 M) | (559.2 M) | 114.3 M | 49.7 M | (292 M) | (205 M) | (184.5 M) | (175.3 M) |
| CMP | (443.5 M) | 88.9 M | 130.8 M | 217.9 M | 159.2 M | 162.7 M | 42.7 M | 64.8 M | 60.8 M | 59.5 M | (213.3 M) | (36.7 M) | 15.5 M | (206.1 M) | (79.8 M) | (71.8 M) | (68.2 M) |
| SLI | (143.5 K) | (624.8 K) | (300.5 K) | (91.6 K) | (348.5 K) | (136 K) | (374.9 K) | (28.4 M) | (8.6 M) | (9.6 M) | (25.6 M) | (36.6 M) | (42 M) | (50.2 M) | (84.9 M) | (50.2 M) | (47.7 M) |
| TMQ | (3.3 M) | (31 M) | (24.4 M) | (9.6 M) | (9.5 M) | (4.9 M) | (21.1 M) | (21.8 M) | (27.4 M) | 337.6 M | (21.7 M) | (48.5 M) | (15 M) | (8.4 M) | (8.4 M) | (9.6 M) | (9.1 M) |
| NAK | 0.0 | (20.1 M) | (15.7 M) | (2.5 M) | (31.3 M) | (33.8 M) | (27 M) | (64.9 M) | (16 M) | (69.2 M) | (64 M) | (24.9 M) | (24.4 M) | (15.8 M) | (36.1 M) | (32.5 M) | (34.2 M) |
| CRML | (501.5 K) | (501.5 K) | (501.5 K) | (501.5 K) | (501.5 K) | (501.5 K) | (501.5 K) | (501.5 K) | (501.5 K) | (501.5 K) | (501.5 K) | (345.5 K) | (5.5 M) | (147.5 M) | (51.9 M) | (46.7 M) | (49 M) |
| LAR | (63.5 K) | (12.4 M) | (8.1 M) | 466 K | (1.3 M) | (7.6 M) | (33.2 M) | (33.2 M) | (28.3 M) | 51.7 M | (38.1 M) | (38.5 M) | (93.6 M) | 1.3 B | (15.2 M) | (17.5 M) | (16.6 M) |
Electra Battery Materials and related stocks such as Ferroglobe PLC, Nexa Resources SA, and Compass Minerals Int Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Electra Battery Materials financial statement analysis. It represents the amount of money remaining after all of Electra Battery Materials operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Electra Battery Competitive Analysis
The better you understand Electra Battery competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Electra Battery's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Electra Battery's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Electra Battery Competition Performance Charts
Five steps to successful analysis of Electra Battery Competition
Electra Battery's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Electra Battery Materials in relation to its competition. Electra Battery's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Electra Battery in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Electra Battery's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Electra Battery Materials, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Electra Battery position
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Run Materials ETFs Thematic Idea Now
Materials ETFs
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Check out Electra Battery Correlation with its peers. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Will Diversified Metals & Mining sector continue expanding? Could Electra diversify its offerings? Factors like these will boost the valuation of Electra Battery. Projected growth potential of Electra fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Electra Battery data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Electra Battery Materials's market price often diverges from its book value, the accounting figure shown on Electra's balance sheet. Smart investors calculate Electra Battery's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Electra Battery's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
It's important to distinguish between Electra Battery's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Electra Battery should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. However, Electra Battery's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.