Ameriwest Lithium Stock Market Value
| AWLIF Stock | USD 0.1 0.01 15.91% |
| Symbol | Ameriwest |
Ameriwest Lithium 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Ameriwest Lithium's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Ameriwest Lithium.
| 12/26/2023 |
| 02/18/2025 |
If you would invest 0.00 in Ameriwest Lithium on December 26, 2023 and sell it all today you would earn a total of 0.00 from holding Ameriwest Lithium or generate 0.0% return on investment in Ameriwest Lithium over 420 days. Ameriwest Lithium is related to or competes with Starr Peak, Alpha Lithium, United Lithium, Standard Lithium, Silver X, Amarc Resources, and Alpha Copper. Ameriwest Lithium Inc. engages in the acquisition, exploration, and development of natural resources properties in Canad... More
Ameriwest Lithium Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Ameriwest Lithium's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Ameriwest Lithium upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.87 | |||
| Information Ratio | 0.0357 | |||
| Maximum Drawdown | 64.12 | |||
| Value At Risk | (14.68) | |||
| Potential Upside | 15.91 |
Ameriwest Lithium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ameriwest Lithium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ameriwest Lithium's standard deviation. In reality, there are many statistical measures that can use Ameriwest Lithium historical prices to predict the future Ameriwest Lithium's volatility.| Risk Adjusted Performance | 0.0353 | |||
| Jensen Alpha | 0.4104 | |||
| Total Risk Alpha | 0.3914 | |||
| Sortino Ratio | 0.0344 | |||
| Treynor Ratio | (0.39) |
Ameriwest Lithium Backtested Returns
Ameriwest Lithium appears to be out of control, given 3 months investment horizon. Ameriwest Lithium secures Sharpe Ratio (or Efficiency) of 0.037, which signifies that the company had a 0.037 % return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Ameriwest Lithium, which you can use to evaluate the volatility of the firm. Please makes use of Ameriwest Lithium's mean deviation of 7.12, and Risk Adjusted Performance of 0.0353 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ameriwest Lithium holds a performance score of 2. The firm shows a Beta (market volatility) of -1.05, which signifies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Ameriwest Lithium are expected to decrease slowly. On the other hand, during market turmoil, Ameriwest Lithium is expected to outperform it slightly. Please check Ameriwest Lithium's potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to make a quick decision on whether Ameriwest Lithium's price patterns will revert.
Auto-correlation | -0.33 |
Poor reverse predictability
Ameriwest Lithium has poor reverse predictability. Overlapping area represents the amount of predictability between Ameriwest Lithium time series from 26th of December 2023 to 23rd of July 2024 and 23rd of July 2024 to 18th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ameriwest Lithium price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Ameriwest Lithium price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ameriwest Lithium lagged returns against current returns
Autocorrelation, which is Ameriwest Lithium pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Ameriwest Lithium's pink sheet expected returns. We can calculate the autocorrelation of Ameriwest Lithium returns to help us make a trade decision. For example, suppose you find that Ameriwest Lithium has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Ameriwest Lithium regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Ameriwest Lithium pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ameriwest Lithium pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ameriwest Lithium pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Ameriwest Lithium Lagged Returns
When evaluating Ameriwest Lithium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ameriwest Lithium pink sheet have on its future price. Ameriwest Lithium autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Ameriwest Lithium autocorrelation shows the relationship between Ameriwest Lithium pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ameriwest Lithium.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ameriwest Pink Sheet
Ameriwest Lithium financial ratios help investors to determine whether Ameriwest 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 Ameriwest with respect to the benefits of owning Ameriwest Lithium security.