Imagine Lithium Stock Market Value
| ILI Stock | CAD 0.02 0.01 33.33% |
| Symbol | Imagine |
Imagine Lithium Price To Book Ratio
Imagine 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 Imagine 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 Imagine Lithium.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Imagine Lithium on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Imagine Lithium or generate 0.0% return on investment in Imagine Lithium over 90 days. Imagine Lithium is related to or competes with Golden Pursuit. Infinite Lithium Corp., a junior mineral exploration company, engages in acquiring, exploring, and evaluating mineral pr... More
Imagine 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 Imagine 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 Imagine Lithium upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 36.51 | |||
| Information Ratio | 0.0499 | |||
| Maximum Drawdown | 83.33 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 50.0 |
Imagine Lithium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Imagine Lithium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Imagine Lithium's standard deviation. In reality, there are many statistical measures that can use Imagine Lithium historical prices to predict the future Imagine Lithium's volatility.| Risk Adjusted Performance | 0.0479 | |||
| Jensen Alpha | 0.8384 | |||
| Total Risk Alpha | 2.9 | |||
| Sortino Ratio | 0.0235 | |||
| Treynor Ratio | 0.898 |
Imagine Lithium Backtested Returns
Imagine Lithium is out of control given 3 months investment horizon. Imagine Lithium holds Efficiency (Sharpe) Ratio of 0.079, which attests that the entity had a 0.079 % return per unit of risk over the last 3 months. We were able to interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 1.37% are justified by taking the suggested risk. Use Imagine Lithium Market Risk Adjusted Performance of 0.908, downside deviation of 36.51, and Risk Adjusted Performance of 0.0479 to evaluate company specific risk that cannot be diversified away. Imagine Lithium holds a performance score of 6 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.83, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Imagine Lithium's returns are expected to increase less than the market. However, during the bear market, the loss of holding Imagine Lithium is expected to be smaller as well. Use Imagine Lithium potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to analyze future returns on Imagine Lithium.
Auto-correlation | 0.49 |
Average predictability
Imagine Lithium has average predictability. Overlapping area represents the amount of predictability between Imagine Lithium time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 Imagine Lithium price movement. The serial correlation of 0.49 indicates that about 49.0% of current Imagine Lithium price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Imagine Lithium lagged returns against current returns
Autocorrelation, which is Imagine 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 Imagine Lithium's stock expected returns. We can calculate the autocorrelation of Imagine Lithium returns to help us make a trade decision. For example, suppose you find that Imagine 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 |
Imagine 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 Imagine Lithium stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Imagine Lithium stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Imagine Lithium stock over time.
Current vs Lagged Prices |
| Timeline |
Imagine Lithium Lagged Returns
When evaluating Imagine Lithium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Imagine Lithium stock have on its future price. Imagine 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, Imagine Lithium autocorrelation shows the relationship between Imagine Lithium stock current value and its past values and can show if there is a momentum factor associated with investing in Imagine Lithium.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Imagine Stock Analysis
When running Imagine Lithium's price analysis, check to measure Imagine 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 Imagine Lithium is operating at the current time. Most of Imagine Lithium's value examination focuses on studying past and present price action to predict the probability of Imagine 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 Imagine Lithium's price. Additionally, you may evaluate how the addition of Imagine Lithium to your portfolios can decrease your overall portfolio volatility.