Piedmont Lithium Stock Performance
| PLLTL Stock | USD 0.07 0.01 10.66% |
The company holds a Beta of -0.27, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Piedmont Lithium are expected to decrease at a much lower rate. During the bear market, Piedmont Lithium is likely to outperform the market. At this point, Piedmont Lithium has a negative expected return of -0.0443%. Please make sure to check Piedmont Lithium's total risk alpha, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Piedmont Lithium performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Very Weak
Weak | Strong |
Over the last 90 days Piedmont Lithium has generated negative risk-adjusted returns adding no value to investors with long positions. Despite quite persistent basic indicators, Piedmont Lithium is not utilizing all of its potentials. The current stock price mess, may contribute to short-term losses for the institutional investors. ...more
| Begin Period Cash Flow | 142.7 M | |
| Total Cashflows From Investing Activities | -120.8 M |
Piedmont |
Piedmont Lithium Relative Risk vs. Return Landscape
If you would invest 11.00 in Piedmont Lithium on December 17, 2024 and sell it today you would lose (4.38) from holding Piedmont Lithium or give up 39.82% of portfolio value over 90 days. Piedmont Lithium is currently producing negative expected returns and takes up 13.0514% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Piedmont, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Piedmont Lithium Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Piedmont Lithium's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Piedmont Lithium, and traders can use it to determine the average amount a Piedmont Lithium's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0034
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| Negative Returns | PLLTL |
Estimated Market Risk
| 13.05 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Piedmont Lithium 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 Piedmont Lithium by adding Piedmont Lithium to a well-diversified portfolio.
Piedmont Lithium Fundamentals Growth
Piedmont Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Piedmont Lithium, and Piedmont Lithium fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Piedmont Pink Sheet performance.
| Return On Equity | -0.3 | |||
| Return On Asset | -0.13 | |||
| Current Valuation | 892.62 M | |||
| Shares Outstanding | 1.8 B | |||
| Price To Book | 3.32 X | |||
| EBITDA | (38.44 M) | |||
| Cash And Equivalents | 139.52 M | |||
| Cash Per Share | 0.08 X | |||
| Total Debt | 854.27 K | |||
| Debt To Equity | 0 % | |||
| Book Value Per Share | 0.16 X | |||
| Cash Flow From Operations | (35.35 M) | |||
| Earnings Per Share | (0.03) X | |||
About Piedmont Lithium Performance
By examining Piedmont Lithium's fundamental ratios, stakeholders can obtain critical insights into Piedmont Lithium's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Piedmont Lithium is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
Piedmont Lithium Inc., an exploration stage company, engages in the exploration and development of resource projects in the United States. Piedmont Lithium Inc. is headquartered in Belmont, North Carolina. Piedmont Lithium operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange. It employs 28 people.Things to note about Piedmont Lithium performance evaluation
Checking the ongoing alerts about Piedmont Lithium for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Piedmont Lithium help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Piedmont Lithium generated a negative expected return over the last 90 days | |
| Piedmont Lithium has high historical volatility and very poor performance | |
| Piedmont Lithium has some characteristics of a very speculative penny stock | |
| Piedmont Lithium has high likelihood to experience some financial distress in the next 2 years | |
| Net Loss for the year was (42.7 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Piedmont Lithium has accumulated about 139.52 M in cash with (35.35 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.08, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 37.0% of the company outstanding shares are owned by corporate insiders |
- Analyzing Piedmont Lithium's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Piedmont Lithium's stock is overvalued or undervalued compared to its peers.
- Examining Piedmont Lithium's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Piedmont Lithium's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Piedmont Lithium's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Piedmont Lithium's pink sheet. These opinions can provide insight into Piedmont Lithium's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Piedmont Pink Sheet
Piedmont Lithium financial ratios help investors to determine whether Piedmont Pink Sheet 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 Piedmont with respect to the benefits of owning Piedmont Lithium security.