Core Lithium (Australia) Market Value
| CXO Stock | 0.09 0 1.15% |
| Symbol | Core |
Core 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 Core Lithium's stock 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 Core Lithium.
| 02/25/2023 |
| 12/16/2024 |
If you would invest 0.00 in Core Lithium on February 25, 2023 and sell it all today you would earn a total of 0.00 from holding Core Lithium or generate 0.0% return on investment in Core Lithium over 660 days. Core Lithium is related to or competes with Ras Technology, Sonic Healthcare, Fisher Paykel, National Storage, Global Health, and Hotel Property. Core Lithium is entity of Australia. It is traded as Stock on AU exchange. More
Core 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 Core Lithium's stock 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 Core Lithium upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 40.91 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 9.09 |
Core Lithium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Core Lithium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Core Lithium's standard deviation. In reality, there are many statistical measures that can use Core Lithium historical prices to predict the future Core Lithium's volatility.| Risk Adjusted Performance | 8.0E-4 | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.81) | |||
| Treynor Ratio | (0.10) |
Core Lithium Backtested Returns
Currently, Core Lithium is out of control. Core Lithium secures Sharpe Ratio (or Efficiency) of 0.0019, which signifies that the company had a 0.0019% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Core Lithium, which you can use to evaluate the volatility of the firm. Please confirm Core Lithium's Mean Deviation of 3.25, standard deviation of 5.94, and Risk Adjusted Performance of 8.0E-4 to double-check if the risk estimate we provide is consistent with the expected return of 0.0115%. The firm shows a Beta (market volatility) of 0.74, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Core Lithium's returns are expected to increase less than the market. However, during the bear market, the loss of holding Core Lithium is expected to be smaller as well. Core Lithium right now shows a risk of 5.97%. Please confirm Core Lithium value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Core Lithium will be following its price patterns.
Auto-correlation | 0.68 |
Good predictability
Core Lithium has good predictability. Overlapping area represents the amount of predictability between Core Lithium time series from 25th of February 2023 to 21st of January 2024 and 21st of January 2024 to 16th 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 Core Lithium price movement. The serial correlation of 0.68 indicates that around 68.0% of current Core Lithium price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Core Lithium lagged returns against current returns
Autocorrelation, which is Core Lithium stock'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 Core Lithium's stock expected returns. We can calculate the autocorrelation of Core Lithium returns to help us make a trade decision. For example, suppose you find that Core Lithium has exhibited high autocorrelation historically, and you observe that the stock 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 |
Core 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 Core Lithium stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Core Lithium stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Core Lithium stock over time.
Current vs Lagged Prices |
| Timeline |
Core Lithium Lagged Returns
When evaluating Core Lithium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Core Lithium stock have on its future price. Core 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, Core Lithium autocorrelation shows the relationship between Core Lithium stock current value and its past values and can show if there is a momentum factor associated with investing in Core Lithium.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Core Stock Analysis
When running Core Lithium's price analysis, check to measure Core Lithium'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 Core Lithium is operating at the current time. Most of Core Lithium's value examination focuses on studying past and present price action to predict the probability of Core Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Core Lithium's price. Additionally, you may evaluate how the addition of Core Lithium to your portfolios can decrease your overall portfolio volatility.