Arizona Lithium Limited Stock Market Value
| AZLAF Stock | USD 0.01 0 12.03% |
| Symbol | Arizona |
Arizona 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 Arizona 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 Arizona Lithium.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Arizona Lithium on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Arizona Lithium Limited or generate 0.0% return on investment in Arizona Lithium over 360 days. Arizona Lithium is related to or competes with Aurelia Metals, Azimut Exploration, Adriatic Metals, American Helium, Progressive Planet, and Almonty Industries. Arizona Lithium Limited operates as a mineral exploration company in the United States More
Arizona 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 Arizona 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 Arizona Lithium Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 15.16 | |||
| Information Ratio | 0.0734 | |||
| Maximum Drawdown | 76.19 | |||
| Value At Risk | (20.16) | |||
| Potential Upside | 30.0 |
Arizona Lithium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arizona Lithium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arizona Lithium's standard deviation. In reality, there are many statistical measures that can use Arizona Lithium historical prices to predict the future Arizona Lithium's volatility.| Risk Adjusted Performance | 0.0731 | |||
| Jensen Alpha | 1.43 | |||
| Total Risk Alpha | (1.18) | |||
| Sortino Ratio | 0.068 | |||
| Treynor Ratio | (0.54) |
Arizona Lithium Backtested Returns
Arizona Lithium is out of control given 3 months investment horizon. Arizona Lithium secures Sharpe Ratio (or Efficiency) of 0.0941, which signifies that the company had a 0.0941% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.33% are justified by taking the suggested risk. Use Arizona Lithium Mean Deviation of 9.25, downside deviation of 15.16, and Risk Adjusted Performance of 0.0731 to evaluate company specific risk that cannot be diversified away. Arizona Lithium holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -2.14, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Arizona Lithium are expected to decrease by larger amounts. On the other hand, during market turmoil, Arizona Lithium is expected to outperform it. Use Arizona Lithium standard deviation, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to analyze future returns on Arizona Lithium.
Auto-correlation | 0.48 |
Average predictability
Arizona Lithium Limited has average predictability. Overlapping area represents the amount of predictability between Arizona Lithium time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Arizona Lithium price movement. The serial correlation of 0.48 indicates that about 48.0% of current Arizona Lithium price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Arizona Lithium lagged returns against current returns
Autocorrelation, which is Arizona 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 Arizona Lithium's pink sheet expected returns. We can calculate the autocorrelation of Arizona Lithium returns to help us make a trade decision. For example, suppose you find that Arizona 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 |
Arizona 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 Arizona Lithium pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arizona 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 Arizona Lithium pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Arizona Lithium Lagged Returns
When evaluating Arizona Lithium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arizona Lithium pink sheet have on its future price. Arizona 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, Arizona Lithium autocorrelation shows the relationship between Arizona Lithium pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Arizona Lithium Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Arizona Pink Sheet
Arizona Lithium financial ratios help investors to determine whether Arizona 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 Arizona with respect to the benefits of owning Arizona Lithium security.