Lifezone Metals (LZM)
Market Price (3/30/2026): $3.18 | Market Cap: $248.9 MilSector: Materials | Industry: Diversified Metals & Mining
Lifezone Metals (LZM)
Market Price (3/30/2026): $3.18Market Cap: $248.9 MilSector: MaterialsIndustry: Diversified Metals & Mining
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -41% | Weak multi-year price returns2Y Excs Rtn is -82%, 3Y Excs Rtn is -143% | Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -285 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -27932% |
| Megatrend and thematic driversMegatrends include Battery Technology & Metals, Electric Vehicles & Autonomous Driving, and Renewable Energy Transition. Themes include Advanced Battery Components, Show more. | Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 12.22 | Expensive valuation multiplesP/SPrice/Sales ratio is 245x |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -56%, Rev Chg QQuarterly Revenue Change % is -25% | ||
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 26017% | ||
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -3076%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -6472% | ||
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -150% | ||
| Key risksLZM key risks include [1] potential bankruptcy stemming from its poor financial health and substantial funding requirements to advance its Kabanga Nickel Project, Show more. |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -41% |
| Megatrend and thematic driversMegatrends include Battery Technology & Metals, Electric Vehicles & Autonomous Driving, and Renewable Energy Transition. Themes include Advanced Battery Components, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -82%, 3Y Excs Rtn is -143% |
| Meaningful short interestShort Interest Days-to-CoverDTC = (Short Interest Share Quantity) / (Average Daily Trading Volume). Reflects how many days it would take to cover (close out) the short interest based on average volumes. High DTC can signify an increased risk of a short squeeze. is 12.22 |
| Not profitable at operating income levelOp Inc LTMOperating Income, Last Twelve Months is -285 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -27932% |
| Expensive valuation multiplesP/SPrice/Sales ratio is 245x |
| Weak revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is -56%, Rev Chg QQuarterly Revenue Change % is -25% |
| Significant share based compensationSBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 26017% |
| Not cash flow generativeCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -3076%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -6472% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -150% |
| Key risksLZM key risks include [1] potential bankruptcy stemming from its poor financial health and substantial funding requirements to advance its Kabanga Nickel Project, Show more. |
Qualitative Assessment
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1. Significant Reduction in Analyst Price Target.
BTIG lowered its price target for Lifezone Metals (LZM) from $11.00 to $7.00 on November 12, 2025, representing a 36.36% decrease in valuation immediately preceding the specified period. This revised target was maintained as of March 20, 2026, indicating a sustained lower valuation expectation among some analysts.
2. Persistent Net Losses Amidst a Challenging Nickel Market.
Lifezone Metals reported a net loss of $14.1 million for the full year 2025, resulting in a diluted loss per share of $0.17. This continued unprofitability occurred as the company advanced its Kabanga Nickel Project throughout 2025 within a broadly "challenging nickel market." Analysts do not anticipate the company achieving profitability in 2026.
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Stock Movement Drivers
Fundamental Drivers
The -18.4% change in LZM stock from 11/30/2025 to 3/29/2026 was primarily driven by a -18.4% change in the company's P/S Multiple.| (LTM values as of) | 11302025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 3.91 | 3.19 | -18.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1 | 1 | 0.0% |
| P/S Multiple | 299.8 | 244.6 | -18.4% |
| Shares Outstanding (Mil) | 78 | 78 | 0.0% |
| Cumulative Contribution | -18.4% |
Market Drivers
11/30/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| LZM | -18.4% | |
| Market (SPY) | -5.3% | 32.1% |
| Sector (XLB) | 10.0% | 41.6% |
Fundamental Drivers
The -28.8% change in LZM stock from 8/31/2025 to 3/29/2026 was primarily driven by a -28.8% change in the company's P/S Multiple.| (LTM values as of) | 8312025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 4.48 | 3.19 | -28.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1 | 1 | 0.0% |
| P/S Multiple | 343.6 | 244.6 | -28.8% |
| Shares Outstanding (Mil) | 78 | 78 | 0.0% |
| Cumulative Contribution | -28.8% |
Market Drivers
8/31/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| LZM | -28.8% | |
| Market (SPY) | 0.6% | 32.4% |
| Sector (XLB) | 7.1% | 38.1% |
Fundamental Drivers
The -40.7% change in LZM stock from 2/28/2025 to 3/29/2026 was primarily driven by a -40.7% change in the company's P/S Multiple.| (LTM values as of) | 2282025 | 3292026 | Change |
|---|---|---|---|
| Stock Price ($) | 5.38 | 3.19 | -40.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1 | 1 | 0.0% |
| P/S Multiple | 412.6 | 244.6 | -40.7% |
| Shares Outstanding (Mil) | 78 | 78 | 0.0% |
| Cumulative Contribution | -40.7% |
Market Drivers
2/28/2025 to 3/29/2026| Return | Correlation | |
|---|---|---|
| LZM | -40.7% | |
| Market (SPY) | 9.8% | 33.8% |
| Sector (XLB) | 12.4% | 36.7% |
Fundamental Drivers
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Market Drivers
2/28/2023 to 3/29/2026| Return | Correlation | |
|---|---|---|
| LZM | ||
| Market (SPY) | 69.4% | 19.9% |
| Sector (XLB) | 26.8% | 19.7% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| LZM Return | - | - | -46% | -23% | -39% | -20% | -79% |
| Peers Return | -41% | -42% | -47% | -35% | -34% | -23% | -94% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -5% | 72% |
Monthly Win Rates [3] | |||||||
| LZM Win Rate | - | - | 33% | 42% | 50% | 33% | |
| Peers Win Rate | 25% | 35% | 33% | 22% | 47% | 33% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| LZM Max Drawdown | - | - | -57% | -49% | -57% | -25% | |
| Peers Max Drawdown | -45% | -63% | -52% | -63% | -73% | -24% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -5% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: ABAT, ELBM, AQMS.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/27/2026 (YTD)
How Low Can It Go
LZM has limited trading history. Below is the Materials sector ETF (XLB) in its place.
| Event | XLB | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -25.7% | -25.4% |
| % Gain to Breakeven | 34.5% | 34.1% |
| Time to Breakeven | 534 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -37.6% | -33.9% |
| % Gain to Breakeven | 60.2% | 51.3% |
| Time to Breakeven | 121 days | 148 days |
| 2018 Correction | ||
| % Loss | -26.1% | -19.8% |
| % Gain to Breakeven | 35.4% | 24.7% |
| Time to Breakeven | 617 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -60.7% | -56.8% |
| % Gain to Breakeven | 154.6% | 131.3% |
| Time to Breakeven | 1,761 days | 1,480 days |
Compare to ABAT, ELBM, AQMS
In The Past
Materials Select Sector SPDR's stock fell -25.7% during the 2022 Inflation Shock from a high on 4/20/2022. A -25.7% loss requires a 34.5% gain to breakeven.
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About Lifezone Metals (LZM)
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```htmlHere are 1-3 brief analogies for Lifezone Metals (LZM):
- A Glencore or BHP specialized in battery metals.
- The low-carbon 'Intel Inside' for electric vehicle batteries.
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- Nickel: A key battery metal supplied with low-carbon and sulfur dioxide emissions, primarily from its Kabanga nickel project.
- Copper: A metal product provided by the company as part of the battery metals supply chain.
- Cobalt: Another metal product offered by Lifezone Metals for the battery and EV markets.
AI Analysis | Feedback
Lifezone Metals (LZM) operates as a metals company supplying nickel, copper, and cobalt to the battery and electric vehicle (EV) markets. This business model primarily involves selling its products to other companies (B2B) rather than individuals.
Based on publicly available information, a significant strategic partner and identified major customer for Lifezone Metals is:
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BHP Group (NYSE: BHP, ASX: BHP, LSE: BHP)
BHP, one of the world's largest diversified mining companies, is a strategic partner and investor in Lifezone Metals' flagship Kabanga nickel project in Tanzania. As part of this partnership, BHP holds an off-take agreement for future nickel production from the Kabanga project.
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Ausenco
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Chris Showalter Chief Executive Officer, Director
Chris Showalter possesses over 17 years of experience in corporate finance and merchant banking. He has extensive experience in new country entry for projects and firms, notably leading the acquisition of the Kabanga Nickel project for Lifezone Metals. Showalter has a strong background in originating, sourcing, and developing relationships across Africa. His previous roles include serving as co-CEO of Renaissance Capital in Zimbabwe, Director and Partner at the merchant bank Hannam & Partners, focusing on the African mining sector, and Chief Executive Officer of Kabanga Nickel. He was also a Vice President at Goldman Sachs, where he held various sales roles in equity and capital markets. Additionally, he was CEO of KellTech, a refining technology company.
Ingo Hofmaier Chief Financial Officer
Ingo Hofmaier brings over 20 years of experience in corporate finance, financial, and risk management within global commodity markets, spanning diverse geographies including Africa and the Americas. As a market-facing finance executive, his expertise covers capital markets, financial reporting, tax, commercial contracts, project & corporate finance, and M&A and investment banking. Before joining Lifezone Metals, Hofmaier was CEO of Omico Mining Corp., a Namibian copper exploration and development company, and previously served as CFO of SolGold plc, an LSE and TSX-listed copper and gold developer. He was also a partner at Hannam & Partners, a London-based merchant bank, where he focused on metals & mining corporate finance. His experience also includes roles at Rio Tinto, Capgemini, and as financial controller for the U.S. business and commercial director in India for Wienerberger AG. Hofmaier is also an independent board member of First Tin plc, chairing its audit & risk and nominations & remuneration committees.
Dr. Mike Adams Chief Technology Officer
Dr. Mike Adams is a co-inventor of Lifezone Metals' patented Hydromet Technology and has over 40 years of experience in metallurgical engineering, with a focus on process and resource development for metals recovery. For more than 10 years, he has concentrated on the development, implementation, and commercialization of Lifezone Technology for recovering platinum group metals (PGM), gold, base, and rare metals. Dr. Adams has served as an Associate Editor for the Hydrometallurgy Journal and has edited three books, including "Gold Ore Processing, second edition."
Gerick Mouton Chief Operating Officer
Gerick Mouton has 25 years of global experience in strategic mining and mineral processing development, capital raising, organizational establishment, and the execution of multifaceted capital-intensive mining, processing, and refining projects. He has a track record of optimizing the development of large-scale projects in emerging markets and has experience in multi-stakeholder integration to drive social performance.
Spencer Davis Chief Legal Officer
Spencer Davis has over 20 years of experience advising global businesses on cross-border transactions and mergers & acquisitions (M&A). He specializes in technology and licensing, intellectual property, complex commercial arrangements, and corporate governance. Davis is licensed to practice law in England, New York, and Ireland, and holds an MBA from London Business School.
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Lifezone Metals (LZM) faces several significant risks, primarily stemming from its status as a pre-production mining company developing a large-scale project in a volatile commodity market. Here are the key risks to the business:-
Financial Health and Funding/Financing Risk
Lifezone Metals exhibits a challenging financial profile, with reported negative revenue growth, unprofitability, and a low Piotroski F-Score indicating poor business operations. The company has taken on new debt and shows potential liquidity issues with low current and quick ratios, and an Altman Z-Score in the distress zone, suggesting a possibility of bankruptcy. A primary remaining valuation hurdle and critical dependency for the company is securing the substantial project financing required to bring its flagship Kabanga nickel project into production. -
Execution and Operational Risks of the Kabanga Project
While geological and metallurgical risks for the Kabanga Nickel Project are largely considered resolved, significant execution and operational risks remain as the project moves toward a Final Investment Decision (FID) and subsequent construction. These include challenges related to construction execution, securing final regulatory approvals, effective Engineering, Procurement, and Construction Management (EPCM) mobilization, and inherent operational complexities of developing and operating a large underground mining and processing facility. Delays in achieving the mid-2026 FID or in the construction phase could significantly impact the project timeline and costs. -
Commodity Price Volatility and Market Oversupply
The metals and mining industry, particularly the nickel market, is subject to significant commodity price volatility. There is a projected structural oversupply in the global nickel market, driven by rapid Indonesian production expansion, which is anticipated to persist through 2026 and potentially beyond. While the Kabanga project is positioned as a first-quartile cost producer, sustained deterioration in nickel prices could negatively impact the project's debt sizing, coverage ratios, and the equity valuation necessary to attract partners and secure financing on favorable terms.
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The clear emerging threat to Lifezone Metals is the ongoing and accelerating shift in battery chemistry within the electric vehicle (EV) and energy storage markets away from reliance on nickel and cobalt. The increasing adoption of Lithium Iron Phosphate (LFP) batteries, which do not utilize nickel or cobalt, particularly in entry-level EVs and grid-scale energy storage, directly impacts the demand for Lifezone Metals' primary products. Furthermore, the development and commercialization of other alternative battery chemistries, such as sodium-ion batteries, which also typically exclude nickel and cobalt, represent an additional emerging challenge to the long-term demand for the specific battery metals Lifezone Metals aims to supply.
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Lifezone Metals (symbol: LZM) operates in the battery metals supply chain, focusing on nickel, copper, and cobalt. The addressable markets for these key products are substantial on a global scale.
Nickel
The global nickel market was valued at approximately USD 41.62 billion in 2024 and is projected to reach around USD 83.77 billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 7.25% from 2025 to 2034. Another estimate places the market size at USD 45.38 billion in 2024, with a projection to reach USD 86.35 billion by 2033 at a CAGR of 7.41% from 2025. The Asia-Pacific region is the largest market for nickel, contributing over 52% of the market share in 2024. Other reports indicate Asia Pacific holding a significant market share of over 72.0% in 2024.
Copper
The global copper market size was estimated at USD 241.88 billion in 2024 and is projected to reach USD 339.95 billion by 2030, with a CAGR of 6.5% from 2025 to 2030. Other estimates value the global copper market at USD 261.93 billion in 2025, projected to grow to USD 466.67 billion by 2034, exhibiting a CAGR of 6.63%. The Asia Pacific region dominates the copper market, holding the largest revenue share of 74.7% in 2024. Asia-Pacific accounts for approximately 42% of the global copper market share, driven by rapid urbanization and industrialization.
Cobalt
The global cobalt market size was valued at USD 18.31 billion in 2025 and is projected to grow to USD 33.08 billion by 2034, exhibiting a CAGR of 6.79%. Other data shows the market size estimated at USD 16.96 billion in 2024, projected to reach USD 25.91 billion by 2030, with a CAGR of 6.7% from 2025 to 2030. The Asia Pacific region was the largest revenue-generating market for cobalt in 2024.
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Expected Drivers of Future Revenue Growth for Lifezone Metals (LZM)
- Commencement of Production from the Kabanga Nickel Project: The most significant driver of future revenue growth for Lifezone Metals is the anticipated progression and eventual commencement of production from its flagship Kabanga Nickel Project in North-West Tanzania. The project, which involves an 18-year mine life, is designed to produce nickel, copper, and cobalt. A Final Investment Decision (FID) is targeted for mid-2026, with the project expected to generate substantial revenue over its operational lifespan following this decision.
- Diversified Metal Production (Nickel, Copper, and Cobalt): The Kabanga project is structured to be a multi-metal operation, producing not only nickel but also significant quantities of copper and cobalt as valuable by-products. This diversification is expected to contribute substantial value beyond nickel sales alone, enhancing economic resilience and reducing exposure to single-commodity price fluctuations. The project is projected to yield 134,000 tons of copper and 69,000 tons of cobalt annually as by-products over its mine life.
- Expansion of Platinum, Palladium, and Rhodium (PGR) Recycling Operations: Lifezone Metals' U.S.-based recycling project, focused on recovering platinum, palladium, and rhodium from spent automotive catalytic converters using its proprietary Hydromet Technology, represents an independent revenue stream. This initiative provides portfolio diversification and leverages the company's cleaner processing technology for precious metals recovery.
- Monetization of Hydrometallurgical Technology (Hydromet Technology) through Licensing and Partnerships: The company's Hydromet Technology offers a more environmentally friendly and cost-effective alternative to traditional smelting for metals extraction and refining. Lifezone Metals intends to support the clean energy transition by licensing this technology, which presents an opportunity for future revenue generation through new partnerships and intellectual property monetization.
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Share Issuance
- Lifezone Metals closed a $15 million underwritten registered direct offering on November 12, 2025.
- On November 10, 2025, the company announced the pricing of a $15 million underwritten registered direct offering.
- As part of a $60 million bridge loan facility, Lifezone Metals issued 2.5 million five-year warrants, exercisable at $5.42 per share, which closed on September 2, 2025.
Inbound Investments
- Lifezone Metals secured a $60 million bridge loan from Taurus Mining Finance, closing on September 2, 2025, to advance the Kabanga Nickel Project. This facility has a scheduled maturity date of July 31, 2027, with an option for a six-month extension.
Outbound Investments
- Lifezone Metals completed the acquisition of BHP's 17% equity interest in Kabanga Nickel Limited around July 18, 2025, resulting in Lifezone Metals owning 100% of Kabanga Nickel Limited.
- Lifezone Metals announced an exclusivity agreement over the Musongati Nickel Project in Burundi around March 2026.
Capital Expenditures
- As of June 30, 2025, Lifezone Metals had invested $127.4 million in the Kabanga Nickel Project, including costs related to its acquisition, which is reflected as an exploration and evaluation asset on the balance sheet.
- Pre-production capital expenditures for the Kabanga Nickel Project are estimated at $942 million, based on the Feasibility Study Technical Report Summary filed on July 18, 2025.
- The primary focus of these estimated capital expenditures is to establish an 18-year life of mine operation with a 3.4 million tonnes per annum underground mine and concentrator.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Would You Still Hold Lifezone Metals Stock If It Fell Another 30%? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
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| 12122025 | AMCR | Amcor | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | 19.2% | 19.2% | -0.5% |
Research & Analysis
Invest in Strategies
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 2.92 |
| Mkt Cap | 0.1 |
| Rev LTM | 1 |
| Op Inc LTM | -27 |
| FCF LTM | -25 |
| FCF 3Y Avg | -30 |
| CFO LTM | -22 |
| CFO 3Y Avg | -18 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 460.4% |
| Rev Chg 3Y Avg | - |
| Rev Chg Q | 653.2% |
| QoQ Delta Rev Chg LTM | 43.9% |
| Op Mgn LTM | -14,169.4% |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | 193.9% |
| CFO/Rev LTM | -1,712.6% |
| CFO/Rev 3Y Avg | - |
| FCF/Rev LTM | -3,427.9% |
| FCF/Rev 3Y Avg | - |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 0.1 |
| P/S | 140.5 |
| P/EBIT | -0.6 |
| P/E | -0.5 |
| P/CFO | -4.4 |
| Total Yield | -216.3% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | -185.7% |
| D/E | 0.2 |
| Net D/E | -0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -26.9% |
| 3M Rtn | -29.3% |
| 6M Rtn | -44.3% |
| 12M Rtn | -39.2% |
| 3Y Rtn | -87.5% |
| 1M Excs Rtn | -22.1% |
| 3M Excs Rtn | -24.3% |
| 6M Excs Rtn | -36.1% |
| 12M Excs Rtn | -51.9% |
| 3Y Excs Rtn | -148.4% |
Price Behavior
| Market Price | $3.19 | |
| Market Cap ($ Bil) | 0.2 | |
| First Trading Date | 07/06/2023 | |
| Distance from 52W High | -47.7% | |
| 50 Days | 200 Days | |
| DMA Price | $4.61 | $4.58 |
| DMA Trend | up | down |
| Distance from DMA | -30.8% | -30.3% |
| 3M | 1YR | |
| Volatility | 64.4% | 68.9% |
| Downside Capture | 1.48 | 1.36 |
| Upside Capture | 122.09 | 124.48 |
| Correlation (SPY) | 28.4% | 33.0% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.76 | 1.35 | 1.94 | 1.71 | 1.17 | -0.08 |
| Up Beta | 2.08 | 0.64 | -0.40 | 1.61 | 1.24 | -0.19 |
| Down Beta | 2.69 | 1.41 | 1.17 | 1.03 | 0.80 | -0.11 |
| Up Capture | 3% | 213% | 422% | 233% | 135% | 27% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 9 | 24 | 33 | 58 | 117 | 313 |
| Down Capture | 283% | 108% | 216% | 186% | 131% | 107% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 10 | 15 | 26 | 60 | 126 | 334 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with LZM | |
|---|---|---|---|---|
| LZM | -29.0% | 68.9% | -0.22 | - |
| Sector ETF (XLB) | 14.6% | 20.9% | 0.55 | 36.3% |
| Equity (SPY) | 14.5% | 18.9% | 0.59 | 33.0% |
| Gold (GLD) | 50.2% | 27.7% | 1.46 | 22.5% |
| Commodities (DBC) | 17.8% | 17.6% | 0.85 | 17.4% |
| Real Estate (VNQ) | 0.4% | 16.4% | -0.15 | 27.5% |
| Bitcoin (BTCUSD) | -23.7% | 44.2% | -0.49 | 25.9% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with LZM | |
|---|---|---|---|---|
| LZM | -28.1% | 77.8% | -0.45 | - |
| Sector ETF (XLB) | 6.7% | 18.9% | 0.25 | 19.7% |
| Equity (SPY) | 11.8% | 17.0% | 0.54 | 19.9% |
| Gold (GLD) | 20.7% | 17.7% | 0.96 | 13.7% |
| Commodities (DBC) | 11.6% | 18.9% | 0.50 | 12.2% |
| Real Estate (VNQ) | 3.0% | 18.8% | 0.07 | 8.5% |
| Bitcoin (BTCUSD) | 4.0% | 56.6% | 0.29 | 15.1% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with LZM | |
|---|---|---|---|---|
| LZM | -15.2% | 77.8% | -0.45 | - |
| Sector ETF (XLB) | 10.1% | 20.6% | 0.44 | 19.7% |
| Equity (SPY) | 14.0% | 17.9% | 0.67 | 19.9% |
| Gold (GLD) | 13.3% | 15.8% | 0.70 | 13.7% |
| Commodities (DBC) | 8.2% | 17.6% | 0.39 | 12.2% |
| Real Estate (VNQ) | 4.7% | 20.7% | 0.19 | 8.5% |
| Bitcoin (BTCUSD) | 66.4% | 66.8% | 1.06 | 15.1% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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