Lithium Energi Exploration Stock Price on May 2, 2023
If you're considering investing in Lithium Stock, it is important to understand the factors that can impact its price. Lithium Energi Explo has Sharpe Ratio of -0.0097, which conveys that the firm had a -0.0097% return per unit of risk over the last 3 months. Lithium Energi exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lithium Energi's Standard Deviation of 13.53, risk adjusted performance of 0.0016, and Mean Deviation of 7.69 to check out the risk estimate we provide.
Lithium Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Lithium |
Sharpe Ratio = -0.0097
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Estimated Market Risk
13.53 actual daily | 96 96% of assets are less volatile |
Expected Return
-0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Lithium Energi 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 Energi by adding Lithium Energi to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
S | SentinelOne | |
CRM | Salesforce | |
MSFT | Microsoft |
Price Boundaries
Lithium Energi Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
Lithium Energi Exploration cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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 Energi January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how Lithium Energi stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lithium Energi shares will generate the highest return on investment. By undertsting and applying Lithium Energi stock market strength indicators, traders can identify Lithium Energi Exploration entry and exit signals to maximize returns
Lithium Energi Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lithium Energi's price direction in advance. Along with the technical and fundamental analysis of Lithium Stock 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 | 0.0016 | |||
Jensen Alpha | (0.16) | |||
Total Risk Alpha | (0.35) | |||
Treynor Ratio | (0.09) |
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Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Other Tools for Lithium Stock
When running Lithium Energi's price analysis, check to measure Lithium Energi'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 Lithium Energi is operating at the current time. Most of Lithium Energi's value examination focuses on studying past and present price action to predict the probability of Lithium Energi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lithium Energi's price. Additionally, you may evaluate how the addition of Lithium Energi to your portfolios can decrease your overall portfolio volatility.
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