Snow Competitors
| LITM Stock | USD 2.88 0.14 4.64% |
Snow Lake vs Austin Gold Correlation
Modest diversification
The correlation between Snow Lake Resources and AUST is 0.28 (i.e., Modest diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Snow Lake Resources and AUST in the same portfolio, assuming nothing else is changed.
Moving against Snow Stock
As of the 5th of February 2026, Return On Tangible Assets is likely to drop to -0.24. In addition to that, Return On Capital Employed is likely to drop to -0.22. At this time, Snow Lake's Total Assets are very stable compared to the past year. As of the 5th of February 2026, Net Tangible Assets is likely to grow to about 42.7 M, while Return On Tangible Assets are likely to drop (0.24).Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Snow Lake's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Snow Lake Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Snow Lake 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 Snow 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 Snow Lake 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 Snow Stock performing well and Snow Lake 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 Snow Lake'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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| FMST | 4.49 | (0.79) | 0.00 | (0.26) | 0.00 | 8.02 | 23.79 | |||
| ELBM | 4.73 | (0.56) | 0.00 | (0.18) | 0.00 | 9.47 | 27.03 | |||
| ODVWZ | 10.39 | 0.76 | 0.04 | (0.22) | 11.57 | 24.14 | 91.11 | |||
| STAI | 6.84 | (2.46) | 0.00 | (1.71) | 0.00 | 12.65 | 53.71 | |||
| XPL | 2.60 | 0.11 | 0.03 | 0.15 | 2.72 | 6.06 | 12.16 | |||
| NWGL | 4.03 | (0.01) | 0.00 | 0.06 | 0.00 | 8.40 | 44.84 | |||
| LGO | 3.76 | 0.14 | 0.05 | 0.11 | 4.13 | 9.17 | 20.11 | |||
| TSE | 5.82 | (1.69) | 0.00 | (0.44) | 0.00 | 11.11 | 53.43 | |||
| SNES | 3.21 | (0.96) | 0.00 | (0.34) | 0.00 | 8.04 | 19.56 | |||
| AUST | 4.93 | 0.29 | 0.04 | 0.25 | 6.68 | 11.38 | 49.36 |
Cross Equities Net Income Analysis
Compare Snow Lake Resources and related stocks such as Foremost Lithium Resource, Electra Battery Materials, and Osisko Development Corp Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FMST | (73.1 K) | (365 K) | (192 K) | (582 K) | (150 K) | (183 K) | (1.3 M) | (10.7 M) | (2.7 M) | (1.6 M) | (2.6 M) | (4.2 M) | 956.6 K | (4.5 M) | (3.6 M) | (3.3 M) | (3.4 M) |
| ELBM | (104.3 K) | (104.3 K) | (104.3 K) | (240.3 K) | (1.4 M) | (147.9 K) | (2.3 M) | (8.6 M) | (26.8 M) | (116.4 M) | (2.4 M) | (34.9 M) | 12.6 M | (64.7 M) | (29.4 K) | (26.5 K) | (27.8 K) |
| ODVWZ | (75.7 M) | (75.7 M) | (75.7 M) | (75.7 M) | (75.7 M) | (75.7 M) | (75.7 M) | (75.7 M) | (75.7 M) | (75.7 M) | (8.1 M) | (133.3 M) | (192.5 M) | (181.9 M) | (86.3 M) | (77.7 M) | (81.6 M) |
| STAI | (230.2 K) | (11.8 M) | (11.8 M) | (11.8 M) | (11.8 M) | (11.8 M) | (11.8 M) | (11.8 M) | (11.8 M) | (11.8 M) | (11.8 M) | (11.8 M) | (15.3 M) | (35.5 M) | (23.1 M) | (20.8 M) | (19.7 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) |
| NWGL | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | (1.2 M) | 1.3 M | 4.8 M | (11.9 M) | (8.7 M) | (7.9 M) | (7.5 M) |
| LGO | (86.1 K) | (3.8 M) | (25.3 M) | (10.9 M) | (45.1 M) | (93.7 M) | (41.4 M) | (8.3 M) | 232 M | (35 M) | 6.8 M | 22.6 M | (1.5 M) | (30.3 M) | (49.8 M) | (57.3 M) | (54.4 M) |
| TSE | (127.4 M) | (75.9 M) | 30.3 M | (22.2 M) | (67.3 M) | 133.6 M | 318.3 M | 328.3 M | 292.5 M | 92 M | 7.9 M | 440 M | (430.9 M) | (701.3 M) | (348.5 M) | (313.6 M) | (298 M) |
| SNES | (7.2 M) | (7.2 M) | (7.2 M) | (7.2 M) | (7.2 M) | (18.2 M) | (10.8 M) | (12.3 M) | (11.9 M) | (10 M) | (7.9 M) | (8.3 M) | (9.7 M) | (7.7 M) | (6.2 M) | (7.1 M) | (7.5 M) |
| AUST | (3.1 M) | (3.1 M) | (3.1 M) | (3.1 M) | (3.1 M) | (3.1 M) | (3.1 M) | (3.1 M) | (3.1 M) | (3.1 M) | (3.1 M) | (401.1 K) | (1.1 M) | (4 M) | (3.1 M) | (2.8 M) | (2.9 M) |
Snow Lake Resources and related stocks such as Foremost Lithium Resource, Electra Battery Materials, and Osisko Development Corp Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Snow Lake Resources financial statement analysis. It represents the amount of money remaining after all of Snow Lake Resources operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Snow Lake Competitive Analysis
The better you understand Snow Lake competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Snow Lake'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 Snow Lake'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 |
Snow Lake Competition Performance Charts
Five steps to successful analysis of Snow Lake Competition
Snow Lake'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 Snow Lake Resources in relation to its competition. Snow Lake's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Snow Lake 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 Snow Lake's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Snow Lake 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 Snow Lake Correlation with its peers. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Will Diversified Metals & Mining sector continue expanding? Could Snow diversify its offerings? Factors like these will boost the valuation of Snow Lake. Expected growth trajectory for Snow significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Snow Lake data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
The market value of Snow Lake Resources is measured differently than its book value, which is the value of Snow that is recorded on the company's balance sheet. Investors also form their own opinion of Snow Lake's value that differs from its market value or its book value, called intrinsic value, which is Snow Lake's true underlying value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Because Snow Lake's market value can be influenced by many factors that don't directly affect Snow Lake's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Understanding that Snow Lake's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Snow Lake represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Meanwhile, Snow Lake's quoted price indicates the marketplace figure where supply meets demand through bilateral consent.