Lithium Royalty's market value is the price at which a share of Lithium Royalty trades on a public exchange. It measures the collective expectations of Lithium Royalty Corp investors about its performance. Lithium Royalty is trading at 2.94 as of the 15th of March 2025. This is a 3.61% down since the beginning of the trading day. The stock's lowest day price was 2.94. With this module, you can estimate the performance of a buy and hold strategy of Lithium Royalty Corp and determine expected loss or profit from investing in Lithium Royalty over a given investment horizon. Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Symbol
Lithium
Lithium Royalty '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 Royalty'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 Lithium Royalty.
0.00
12/15/2024
No Change 0.00
0.0
In 3 months and 1 day
03/15/2025
0.00
If you would invest 0.00 in Lithium Royalty on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Lithium Royalty Corp or generate 0.0% return on investment in Lithium Royalty over 90 days.
Lithium Royalty 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 Royalty'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 Lithium Royalty Corp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lithium Royalty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lithium Royalty's standard deviation. In reality, there are many statistical measures that can use Lithium Royalty historical prices to predict the future Lithium Royalty's volatility.
Lithium Royalty Corp has Sharpe Ratio of -0.17, which conveys that the firm had a -0.17 % return per unit of risk over the last 3 months. Lithium Royalty exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lithium Royalty's Risk Adjusted Performance of (0.13), mean deviation of 1.05, and Standard Deviation of 2.16 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0287, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lithium Royalty's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lithium Royalty is expected to be smaller as well. At this point, Lithium Royalty Corp has a negative expected return of -0.38%. Please make sure to verify Lithium Royalty's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Lithium Royalty Corp performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.79
Almost perfect reverse predictability
Lithium Royalty Corp has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Lithium Royalty time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Lithium Royalty Corp price movement. The serial correlation of -0.79 indicates that around 79.0% of current Lithium Royalty price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.79
Spearman Rank Test
-0.92
Residual Average
0.0
Price Variance
0.07
Lithium Royalty Corp lagged returns against current returns
Autocorrelation, which is Lithium Royalty 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 Lithium Royalty's pink sheet expected returns. We can calculate the autocorrelation of Lithium Royalty returns to help us make a trade decision. For example, suppose you find that Lithium Royalty 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
Lithium Royalty 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 Royalty pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lithium Royalty pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lithium Royalty pink sheet over time.
Current vs Lagged Prices
Timeline
Lithium Royalty Lagged Returns
When evaluating Lithium Royalty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lithium Royalty pink sheet have on its future price. Lithium Royalty 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 Royalty autocorrelation shows the relationship between Lithium Royalty pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Lithium Royalty Corp.