Lithium Boron Technology Etf Price on August 8, 2024
HEAT Etf | USD 25.69 0.13 0.50% |
If you're considering investing in Lithium Etf, it is important to understand the factors that can impact its price. As of today, the current price of Lithium Boron stands at 25.69, as last reported on the 9th of January, with the highest price reaching 25.69 and the lowest price hitting 25.69 during the day. Lithium Boron Technology has Sharpe Ratio of -0.0897, which conveys that the entity had a -0.0897% return per unit of risk over the last 3 months. Lithium Boron exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lithium Boron's Mean Deviation of 0.5992, risk adjusted performance of (0.06), and Standard Deviation of 0.7961 to check out the risk estimate we provide.
Lithium Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Lithium |
Sharpe Ratio = -0.0897
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | HEAT |
Estimated Market Risk
0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
-0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Lithium Boron is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Lithium Boron by adding Lithium Boron to a well-diversified portfolio.
Market Capitalization 750 K | Wall Street Target Price 3 |
Lithium Boron Valuation on August 8, 2024
It is possible to determine the worth of Lithium Boron on a given historical date. On August 8, 2024 Lithium was worth 24.44 at the beginning of the trading date compared to the closed value of 24.44. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lithium Boron etf. Still, in general, we apply an absolute valuation method to find Lithium Boron's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Lithium Boron where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lithium Boron's related companies.
Open | High | Low | Close | Volume | |
23.93 | 23.93 | 23.93 | 23.93 | 104.00 | |
08/08/2024 | 24.44 | 24.44 | 24.44 | 24.44 | 70.00 |
24.47 | 24.47 | 24.47 | 24.47 | 1.00 |
Backtest Lithium Boron | | | Lithium Boron History | | | Lithium Boron Valuation | Previous | Next |
Lithium Boron Trading Date Momentum on August 8, 2024
On August 09 2024 Lithium Boron Technology was traded for 24.47 at the closing time. The top price for the day was 24.47 and the lowest listed price was 24.47 . There was no trading activity during the period 1.0. Lack of trading volume on August 9, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 0.12% . The trading delta at closing time against the current closing price is 4.91% . |
About Lithium Boron Etf history
Lithium Boron investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Lithium is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lithium Boron Technology will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Lithium Boron stock prices may prove useful in developing a viable investing in Lithium Boron
SmartHeat Inc. manufactures and sells boric acid, boron, lithium carbonate, and related compounds for use in industrial and consumer applications in the Peoples Republic of China. SmartHeat Inc. was founded in 1954 and is headquartered in XaiXi, the Peoples Republic of China. Smartheat operates under Industrial Equipment Components classification in USA and is traded on BATS Exchange. It employs 280 people.
Lithium Boron Etf Technical Analysis
Lithium Boron technical etf analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, etf market cycles, or different charting patterns.
Price Boundaries
Lithium Boron Period Price Range
Low | January 9, 2025
| High |
0.00 | 0.00 |
Lithium Boron Technology cannot be verified against its exchange. Please verify the symbol is currently traded on BATS Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Lithium Boron January 9, 2025 Market Strength
Market strength indicators help investors to evaluate how Lithium Boron etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lithium Boron shares will generate the highest return on investment. By undertsting and applying Lithium Boron etf market strength indicators, traders can identify Lithium Boron Technology entry and exit signals to maximize returns
Lithium Boron Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lithium Boron's price direction in advance. Along with the technical and fundamental analysis of Lithium Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lithium to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.06) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.08) | |||
Treynor Ratio | (0.58) |
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Other Information on Investing in Lithium Etf
Lithium Boron financial ratios help investors to determine whether Lithium Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Lithium with respect to the benefits of owning Lithium Boron security.