Lithium Chile Stock Market Value
| LITH Stock | CAD 0.62 0.02 3.13% |
| Symbol | Lithium |
Lithium Chile Price To Book Ratio
Lithium Chile '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 Lithium Chile'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 Lithium Chile.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Lithium Chile on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Lithium Chile or generate 0.0% return on investment in Lithium Chile over 720 days. Lithium Chile is related to or competes with Argentina Lithium. Lithium Chile Inc. engages in the acquisition, exploration, and development of mining properties in Chile More
Lithium Chile 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 Lithium Chile'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 Lithium Chile upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.67 | |||
| Information Ratio | 0.0158 | |||
| Maximum Drawdown | 24.15 | |||
| Value At Risk | (5.17) | |||
| Potential Upside | 7.41 |
Lithium Chile Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lithium Chile's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lithium Chile's standard deviation. In reality, there are many statistical measures that can use Lithium Chile historical prices to predict the future Lithium Chile's volatility.| Risk Adjusted Performance | 0.0461 | |||
| Jensen Alpha | 0.1039 | |||
| Total Risk Alpha | (0.49) | |||
| Sortino Ratio | 0.0175 | |||
| Treynor Ratio | 0.2784 |
Lithium Chile Backtested Returns
At this stage we consider Lithium Stock to be abnormally volatile. Lithium Chile has Sharpe Ratio of 0.044, which conveys that the firm had a 0.044% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Lithium Chile, which you can use to evaluate the volatility of the firm. Please verify Lithium Chile's Downside Deviation of 3.67, mean deviation of 2.86, and Risk Adjusted Performance of 0.0461 to check out if the risk estimate we provide is consistent with the expected return of 0.18%. Lithium Chile has a performance score of 3 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.69, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lithium Chile's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lithium Chile is expected to be smaller as well. Lithium Chile right now secures a risk of 4.12%. Please verify Lithium Chile sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Lithium Chile will be following its current price movements.
Auto-correlation | 0.32 |
Below average predictability
Lithium Chile has below average predictability. Overlapping area represents the amount of predictability between Lithium Chile time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Lithium Chile price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Lithium Chile price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Lithium Chile lagged returns against current returns
Autocorrelation, which is Lithium Chile 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 Lithium Chile's stock expected returns. We can calculate the autocorrelation of Lithium Chile returns to help us make a trade decision. For example, suppose you find that Lithium Chile 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 |
Lithium Chile 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 Lithium Chile stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lithium Chile stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lithium Chile stock over time.
Current vs Lagged Prices |
| Timeline |
Lithium Chile Lagged Returns
When evaluating Lithium Chile's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lithium Chile stock have on its future price. Lithium Chile 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, Lithium Chile autocorrelation shows the relationship between Lithium Chile stock current value and its past values and can show if there is a momentum factor associated with investing in Lithium Chile.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Lithium Stock Analysis
When running Lithium Chile's price analysis, check to measure Lithium Chile'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 Lithium Chile is operating at the current time. Most of Lithium Chile's value examination focuses on studying past and present price action to predict the probability of Lithium Chile's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lithium Chile's price. Additionally, you may evaluate how the addition of Lithium Chile to your portfolios can decrease your overall portfolio volatility.