Litium AB (Sweden) Price on May 9, 2023

If you're considering investing in Litium Stock, it is important to understand the factors that can impact its price. Litium AB has Sharpe Ratio of -0.0159, which conveys that the firm had a -0.0159% return per unit of risk over the last 3 months. Litium AB exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Litium AB's Standard Deviation of 1.84, risk adjusted performance of (0.01), and Mean Deviation of 1.45 to check out the risk estimate we provide.
  
Litium Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0159

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsLITI

Estimated Market Risk

 1.84
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Litium AB 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 Litium AB by adding Litium AB 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.

Price Boundaries

Litium AB Period Price Range

Low
January 4, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Litium AB cannot be verified against its exchange. Please verify the symbol is currently traded on Stockholm 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.

Litium AB January 4, 2025 Market Strength

Market strength indicators help investors to evaluate how Litium AB stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Litium AB shares will generate the highest return on investment. By undertsting and applying Litium AB stock market strength indicators, traders can identify Litium AB entry and exit signals to maximize returns

Litium AB Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Litium AB's price direction in advance. Along with the technical and fundamental analysis of Litium Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Litium 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.
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 board of governors.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

Other Tools for Litium Stock

When running Litium AB's price analysis, check to measure Litium AB'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 Litium AB is operating at the current time. Most of Litium AB's value examination focuses on studying past and present price action to predict the probability of Litium AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Litium AB's price. Additionally, you may evaluate how the addition of Litium AB to your portfolios can decrease your overall portfolio volatility.
Commodity Directory
Find actively traded commodities issued by global exchanges
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Stocks Directory
Find actively traded stocks across global markets
Fundamental Analysis
View fundamental data based on most recent published financial statements