Largo Competitors
| LGO Stock | USD 1.23 0.10 7.52% |
Largo Resources vs Snow Lake Correlation
Very weak diversification
The correlation between Largo Resources and LITM is 0.41 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Largo Resources and LITM in the same portfolio, assuming nothing else is changed.
Moving together with Largo Stock
Moving against Largo Stock
| 0.58 | GEO | Empire Metals Limited | PairCorr |
| 0.54 | T2G | TRADEGATE | PairCorr |
| 0.5 | YT2A | ATRESMEDIA | PairCorr |
| 0.44 | 3TY | TITAN MACHINERY | PairCorr |
Largo Resources Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Largo Resources 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 Largo 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 Largo Resources 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 Largo Stock performing well and Largo Resources 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 Largo Resources' 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GRO | 3.74 | (0.12) | 0.00 | (0.02) | 0.00 | 6.53 | 22.72 | |||
| ALTO | 4.35 | 1.53 | 0.37 | 4.84 | 3.51 | 13.41 | 32.45 | |||
| FURY | 3.96 | 0.48 | 0.09 | 0.87 | 4.40 | 9.72 | 35.30 | |||
| XPL | 2.65 | 0.07 | 0.02 | 0.09 | 2.85 | 6.06 | 14.65 | |||
| LOOP | 3.36 | (0.40) | 0.00 | (0.15) | 0.00 | 6.74 | 18.20 | |||
| ORGN | 4.51 | (1.96) | 0.00 | (0.69) | 0.00 | 6.82 | 22.98 | |||
| NEXM | 3.39 | (0.09) | 0.00 | (0.08) | 0.00 | 8.60 | 21.46 | |||
| AGRZ | 10.99 | (2.50) | 0.00 | 3.99 | 0.00 | 22.75 | 70.40 | |||
| NTIC | 1.81 | 0.27 | 0.13 | 0.45 | 1.63 | 6.66 | 15.83 | |||
| LITM | 5.42 | (0.29) | 0.00 | (0.11) | 0.00 | 11.50 | 27.80 |
Cross Equities Net Income Analysis
Compare Largo Resources and related stocks such as Brazil Potash Corp, Alto Ingredients, and Fury Gold Mines Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GRO | (14.4 M) | (14.4 M) | (14.4 M) | (14.4 M) | (14.4 M) | (14.4 M) | (14.4 M) | (14.4 M) | (25.8 M) | (16.3 M) | (5.1 M) | (5.1 M) | (32.6 M) | (13.2 M) | (46.4 M) | (41.8 M) | (39.7 M) |
| ALTO | (2 M) | 3.1 M | (19.1 M) | (781 K) | 21.3 M | (18.8 M) | 1.4 M | (35 M) | (60.3 M) | (88.9 M) | (15.1 M) | 46.1 M | (41.6 M) | (28 M) | (59 M) | (53.1 M) | (50.4 M) |
| FURY | 25.0 | (888 K) | (420 K) | (2.1 M) | (1.9 M) | (2.9 M) | (4.3 M) | (36.5 M) | (17.7 M) | (13.9 M) | (11.2 M) | (13.3 M) | 18.4 M | (13 M) | (75.1 M) | (67.6 M) | (64.2 M) |
| XPL | (875.6 K) | (3.4 M) | (3.3 M) | (2.1 M) | (1.8 M) | 8.9 M | (1.7 M) | (942 K) | (3.6 M) | (3.3 M) | (939 K) | (2.4 M) | (3.9 M) | (3.8 M) | (5.4 M) | (4.8 M) | (4.6 M) |
| LOOP | (29.8 K) | (29.8 K) | (29.8 K) | (16.5 K) | (19.1 K) | (4.1 M) | (4.1 M) | (14 M) | (17.5 M) | (36.3 M) | (36.3 M) | (44.9 M) | (21.3 M) | (15.1 M) | (15.1 M) | (21.1 M) | (22.1 M) |
| ORGN | 7 M | (10.5 M) | (1.4 M) | (2.1 M) | 1.6 M | 1.7 M | (747.6 K) | (479.4 K) | (479.4 K) | (479.4 K) | (30.3 M) | 42.1 M | 78.6 M | 23.8 M | (83.7 M) | (96.3 M) | (91.4 M) |
| NEXM | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (7.4 M) | (36.4 M) | (32.4 M) | (42.4 M) | (38.2 M) | (40.1 M) |
| AGRZ | (289.9 K) | (289.9 K) | (289.9 K) | (289.9 K) | (289.9 K) | (289.9 K) | (289.9 K) | (289.9 K) | (289.9 K) | (289.9 K) | (289.9 K) | (289.9 K) | (289.9 K) | 3.8 M | 3.5 M | 4 M | 2.6 M |
| NTIC | 800 K | 3.4 M | 3.4 M | 4.1 M | 1.8 M | (867.5 K) | 3.4 M | 6.7 M | 5.2 M | (1.3 M) | 6.3 M | 6.3 M | 2.9 M | 5.4 M | 17.6 K | 20.3 K | 19.2 K |
| LITM | (1.5 M) | (1.5 M) | (1.5 M) | (1.5 M) | (1.5 M) | (1.5 M) | (1.5 M) | (1.5 M) | (1.5 M) | (256 K) | (692.2 K) | (9.4 M) | (15.4 M) | (6.9 M) | (11.5 M) | (10.3 M) | (10.8 M) |
Largo Resources and related stocks such as Brazil Potash Corp, Alto Ingredients, and Fury Gold Mines Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Largo Resources financial statement analysis. It represents the amount of money remaining after all of Largo Resources operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Largo Resources Competitive Analysis
The better you understand Largo Resources competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Largo Resources' 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 Largo Resources' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Largo Resources Competition Performance Charts
Five steps to successful analysis of Largo Resources Competition
Largo Resources' 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 Largo Resources in relation to its competition. Largo Resources' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Largo Resources 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 Largo Resources' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Largo Resources, 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.
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Check out Largo Resources Correlation with its peers. To learn how to invest in Largo Stock, please use our How to Invest in Largo Resources guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Will Diversified Metals & Mining sector continue expanding? Could Largo diversify its offerings? Factors like these will boost the valuation of Largo Resources. Expected growth trajectory for Largo significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Largo Resources data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth 1.153 | Earnings Share (1.01) | Revenue Per Share | Quarterly Revenue Growth 0.112 | Return On Assets |
Investors evaluate Largo Resources using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Largo Resources' intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Largo Resources' market price to deviate significantly from intrinsic value.
Understanding that Largo Resources' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Largo Resources represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Largo Resources' market price signifies the transaction level at which participants voluntarily complete trades.