Lithium Australia Nl Stock Market Value
| LMMFF Stock | USD 0.01 0.00 0.00% |
| Symbol | Lithium |
Lithium Australia '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 Australia'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 Australia.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Lithium Australia on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Lithium Australia NL or generate 0.0% return on investment in Lithium Australia over 90 days. Lithium Australia is related to or competes with IGO, Sumitomo Metal, and Arafura Resources. Lithium Australia Limited, together with its subsidiaries, primarily engages in the mineral exploration and technology d... More
Lithium Australia 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 Australia'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 Australia NL upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 66.54 | |||
| Value At Risk | (5.94) | |||
| Potential Upside | 6.14 |
Lithium Australia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lithium Australia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lithium Australia's standard deviation. In reality, there are many statistical measures that can use Lithium Australia historical prices to predict the future Lithium Australia's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.66) | |||
| Total Risk Alpha | 0.3667 | |||
| Treynor Ratio | 0.9638 |
Lithium Australia Backtested Returns
Lithium Australia has Sharpe Ratio of -0.0759, which conveys that the firm had a -0.0759 % return per unit of risk over the last 3 months. Lithium Australia exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lithium Australia's Risk Adjusted Performance of (0.06), mean deviation of 3.05, and Standard Deviation of 7.63 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.61, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Lithium Australia are expected to decrease at a much lower rate. During the bear market, Lithium Australia is likely to outperform the market. At this point, Lithium Australia has a negative expected return of -0.58%. Please make sure to verify Lithium Australia's maximum drawdown, skewness, as well as the relationship between the Skewness and day median price , to decide if Lithium Australia performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.49 |
Modest reverse predictability
Lithium Australia NL has modest reverse predictability. Overlapping area represents the amount of predictability between Lithium Australia 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 Australia price movement. The serial correlation of -0.49 indicates that about 49.0% of current Lithium Australia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lithium Australia lagged returns against current returns
Autocorrelation, which is Lithium Australia 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 Australia's pink sheet expected returns. We can calculate the autocorrelation of Lithium Australia returns to help us make a trade decision. For example, suppose you find that Lithium Australia 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 Australia 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 Australia pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lithium Australia 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 Australia pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Lithium Australia Lagged Returns
When evaluating Lithium Australia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lithium Australia pink sheet have on its future price. Lithium Australia 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 Australia autocorrelation shows the relationship between Lithium Australia pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Lithium Australia NL.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Lithium Pink Sheet
Lithium Australia financial ratios help investors to determine whether Lithium Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Lithium with respect to the benefits of owning Lithium Australia security.