American Lithium Corp Stock Probability of Future Stock Price Finishing Over 8.98

LI Stock  CAD 0.88  0.01  1.12%   
American Lithium's future price is the expected price of American Lithium instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of American Lithium Corp performance during a given time horizon utilizing its historical volatility. Check out American Lithium Backtesting, American Lithium Valuation, American Lithium Correlation, American Lithium Hype Analysis, American Lithium Volatility, American Lithium History as well as American Lithium Performance.
  
Price To Sales Ratio is likely to drop to 968.23 in 2024. Price Earnings Ratio is likely to drop to -5.48 in 2024. Please specify American Lithium's target price for which you would like American Lithium odds to be computed.

American Lithium Target Price Odds to finish over 8.98

The tendency of American Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move over C$ 8.98  or more in 90 days
 0.88 90 days 8.98 
close to zero percent
Based on a normal probability distribution, the odds of American Lithium to move over C$ 8.98  or more in 90 days from now is close to zero percent (This American Lithium Corp probability density function shows the probability of American Stock to fall within a particular range of prices over 90 days) . Probability of American Lithium Corp price to stay between its current price of C$ 0.88  and C$ 8.98  at the end of the 90-day period is about 50.0 .
Given the investment horizon of 90 days American Lithium Corp has a beta of -0.22. This indicates as returns on the benchmark increase, returns on holding American Lithium are expected to decrease at a much lower rate. During a bear market, however, American Lithium Corp is likely to outperform the market. Moreover American Lithium Corp has an alpha of 1.2035, implying that it can generate a 1.2 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   American Lithium Price Density   
       Price  

Predictive Modules for American Lithium

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as American Lithium Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
0.040.888.95
Details
Intrinsic
Valuation
LowRealHigh
0.040.748.81
Details
Naive
Forecast
LowNextHigh
0.020.768.83
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.02-0.02-0.02
Details

American Lithium Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. American Lithium is not an exception. The market had few large corrections towards the American Lithium's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold American Lithium Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of American Lithium within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
1.20
β
Beta against Dow Jones-0.22
σ
Overall volatility
0.22
Ir
Information ratio 0.13

American Lithium Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of American Lithium for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for American Lithium Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
American Lithium is way too risky over 90 days horizon
American Lithium has some characteristics of a very speculative penny stock
American Lithium appears to be risky and price may revert if volatility continues
Net Loss for the year was (39.9 M) with loss before overhead, payroll, taxes, and interest of (7.5 K).
American Lithium Corp currently holds about 203.54 K in cash with (23.23 M) of positive cash flow from operations.
Latest headline from news.google.com: American Lithium to Exit Nasdaq, Shifts Focus to TSX-V Amid Cost-Cutting Strategy - StockTitan

American Lithium Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of American Stock often depends not only on the future outlook of the current and potential American Lithium's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. American Lithium's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding214.6 M
Cash And Short Term Investments16.3 M

American Lithium Technical Analysis

American Lithium's future price can be derived by breaking down and analyzing its technical indicators over time. American Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of American Lithium Corp. In general, you should focus on analyzing American Stock price patterns and their correlations with different microeconomic environments and drivers.

American Lithium Predictive Forecast Models

American Lithium's time-series forecasting models is one of many American Lithium's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary American Lithium's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about American Lithium Corp

Checking the ongoing alerts about American Lithium for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for American Lithium Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
American Lithium is way too risky over 90 days horizon
American Lithium has some characteristics of a very speculative penny stock
American Lithium appears to be risky and price may revert if volatility continues
Net Loss for the year was (39.9 M) with loss before overhead, payroll, taxes, and interest of (7.5 K).
American Lithium Corp currently holds about 203.54 K in cash with (23.23 M) of positive cash flow from operations.
Latest headline from news.google.com: American Lithium to Exit Nasdaq, Shifts Focus to TSX-V Amid Cost-Cutting Strategy - StockTitan

Additional Tools for American Stock Analysis

When running American Lithium's price analysis, check to measure American Lithium's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Lithium is operating at the current time. Most of American Lithium's value examination focuses on studying past and present price action to predict the probability of American Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Lithium's price. Additionally, you may evaluate how the addition of American Lithium to your portfolios can decrease your overall portfolio volatility.