American Lithium Corp Stock Market Value
| LI Stock | CAD 0.42 0.02 4.55% |
| Symbol | American |
American Lithium Corp Price To Book Ratio
American 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 American 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 American Lithium.
| 01/30/2025 |
| 03/01/2025 |
If you would invest 0.00 in American Lithium on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding American Lithium Corp or generate 0.0% return on investment in American Lithium over 30 days. American Lithium is related to or competes with Northstar Clean, Element Fleet, HIVE Blockchain, Doman Building, CVW CleanTech, Brookfield Office, and Wishpond Technologies. American Lithium Corp., an exploration stage company, engages in the identification, acquisition, exploration for, and d... More
American 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 American 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 American Lithium Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 39.66 | |||
| Value At Risk | (6.90) | |||
| Potential Upside | 7.27 |
American Lithium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Lithium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Lithium's standard deviation. In reality, there are many statistical measures that can use American Lithium historical prices to predict the future American Lithium's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (1.02) | |||
| Total Risk Alpha | (0.86) | |||
| Treynor Ratio | (1.36) |
American Lithium Corp Backtested Returns
American Lithium Corp secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18 % return per unit of standard deviation over the last 3 months. American Lithium Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm American Lithium's mean deviation of 3.94, and Risk Adjusted Performance of (0.12) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.77, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, American Lithium's returns are expected to increase less than the market. However, during the bear market, the loss of holding American Lithium is expected to be smaller as well. At this point, American Lithium Corp has a negative expected return of -1.1%. Please make sure to confirm American Lithium's jensen alpha and the relationship between the potential upside and price action indicator , to decide if American Lithium Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.63 |
Good predictability
American Lithium Corp has good predictability. Overlapping area represents the amount of predictability between American Lithium time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st 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 American Lithium Corp price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current American Lithium price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
American Lithium Corp lagged returns against current returns
Autocorrelation, which is American 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 American Lithium's stock expected returns. We can calculate the autocorrelation of American Lithium returns to help us make a trade decision. For example, suppose you find that American 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 |
American 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 American Lithium stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Lithium stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Lithium stock over time.
Current vs Lagged Prices |
| Timeline |
American Lithium Lagged Returns
When evaluating American Lithium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Lithium stock have on its future price. American 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, American Lithium autocorrelation shows the relationship between American Lithium stock current value and its past values and can show if there is a momentum factor associated with investing in American Lithium Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for American Stock Analysis
When running American Lithium's price analysis, check to measure American 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 American Lithium is operating at the current time. Most of American Lithium's value examination focuses on studying past and present price action to predict the probability of American 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 American Lithium's price. Additionally, you may evaluate how the addition of American Lithium to your portfolios can decrease your overall portfolio volatility.