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.
Litium |
Sharpe Ratio = -0.0159
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Negative Returns | LITI |
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.
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CRM | Salesforce | |
MSFT | Microsoft |
Price Boundaries
Litium AB Period Price Range
Low | January 4, 2025
| 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.
Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | (0.04) | |||
Total Risk Alpha | (0.07) | |||
Treynor Ratio | (0.34) |
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Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.
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