NOEM vs ELBM

Comparison between CO2 Energy Transition Corp (NOEM, Company) and Electra Battery Materials Corp (ELBM, Company).

NOEM is from the Financial Services sector, while ELBM is from the Basic Materials sector.

NOEM vs ELBM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NOEM(COMPANY)	ELBM(COMPANY)
Market Cap	$76M	$76M
Max Drawdown	10.92%	99.45%
Sharpe Ratio	0.40	0.56
5Y Beta	0.02	1.97
Industry	Shell Companies	Other Industrial Metals & Mining
P/E Ratio	62.88	-0.52
Forward P/E	N/A	9.61
PEG Ratio	0.28	N/A
5Y EPS CAGR	N/A	29.27%
Debt to Equity	0.02%	53.73%
Free Cash Flow Yield	-2.04%	-25.60%

Market Cap

NOEM

$76M

Winner

ELBM

$76M

Max Drawdown

Winner

NOEM

10.92%

ELBM

99.45%

Sharpe Ratio

NOEM

0.40

Winner

ELBM

0.56

5Y Beta

Winner

NOEM

0.02

ELBM

1.97

Industry

NOEM

Shell Companies

ELBM

Other Industrial Metals & Mining

P/E Ratio

NOEM

62.88

Winner

ELBM

-0.52

Forward P/E

NOEM

N/A

ELBM

9.61

PEG Ratio

NOEM

0.28

ELBM

N/A

5Y EPS CAGR

NOEM

N/A

ELBM

29.27%

Debt to Equity

Winner

NOEM

0.02%

ELBM

53.73%

Free Cash Flow Yield

Winner

NOEM

-2.04%

ELBM

-25.60%

NOEM vs ELBM - Historical Returns

Returns include dividend reinvestment.

Period	NOEM	ELBM
1 month	+1.98%	+5.95%
3 months	+2.39%	-4.60%
6 months	+3.38%	-31.59%
1 year	+6.05%	-50.30%
5 years(CAGR)	N/A	-49.34%
10 years(CAGR)	N/A	-37.22%
Max(CAGR)	+5.55%	-37.22%

NOEM

+1.98%

Winner

ELBM

+5.95%

Winner

NOEM

+2.39%

ELBM

-4.60%

Winner

NOEM

+3.38%

ELBM

-31.59%

Winner

NOEM

+6.05%

ELBM

-50.30%

5Y(CAGR)

NOEM

N/A

ELBM

-49.34%

10Y(CAGR)

NOEM

N/A

ELBM

-37.22%

Max(CAGR)

Winner

NOEM

+5.55%

ELBM

-37.22%

NOEM vs ELBM - Annual Returns (2017 - 2026)

Returns include dividend reinvestment.

Year	NOEM	ELBM
2026	+3.89%	-33.08%
2025	+4.79%	-59.18%
2024	N/A	+2.00%
2023	N/A	-80.16%
2022	N/A	-63.10%
2021	N/A	-19.45%
2020	N/A	+167.27%
2019	N/A	-19.77%
2018	N/A	-88.57%
2017	N/A	+48.27%

NOEM vs ELBM Drawdown Comparison

The maximum drawdown for NOEM was -10.92%, occurring on Aug 7, 2026. This drawdown has not yet recovered.

The maximum drawdown for ELBM was -99.45%, occurring on Aug 3, 2026. This drawdown has not yet recovered.

The current NOEM drawdown is -10.92%. The current ELBM drawdown is -99.33%.

Rank	NOEM	ELBM
#1	-10.92% Jul 30, 2026 - Aug 7, 2026	-99.45% Nov 27, 2017 - Aug 3, 2026
#2	-1.54% Jul 24, 2026 - Jul 29, 2026	-51.94% Mar 14, 2017 - Nov 22, 2017
#3	-1.44% Dec 17, 2025 - May 8, 2026	N/A
#4	-0.61% Jan 23, 2025 - Mar 27, 2025	N/A
#5	-0.60% Apr 7, 2025 - Jun 5, 2025	N/A
#6	-0.48% May 8, 2026 - Jul 8, 2026	N/A
#7	-0.40% Jun 10, 2025 - Jul 1, 2025	N/A
#8	-0.40% Jul 21, 2025 - Aug 25, 2025	N/A
#9	-0.39% Sep 17, 2025 - Oct 15, 2025	N/A
#10	-0.30% Mar 27, 2025 - Apr 7, 2025	N/A
#11	-0.30% Jul 1, 2025 - Jul 21, 2025	N/A
#12	-0.29% Nov 19, 2025 - Dec 10, 2025	N/A
#13	-0.20% Jan 16, 2025 - Jan 22, 2025	N/A
#14	-0.20% Oct 24, 2025 - Nov 4, 2025	N/A
#15	-0.20% Nov 4, 2025 - Nov 19, 2025	N/A

Correlation

Correlation between NOEM and ELBM is -0.69 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.69

-101