Lithium Ionic Corp Stock Market Value
| LTHCF Stock | USD 0.64 0.03 4.48% |
| Symbol | Lithium |
Lithium Ionic '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 Ionic's otc 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 Ionic.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Lithium Ionic on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Lithium Ionic Corp or generate 0.0% return on investment in Lithium Ionic over 360 days. Lithium Ionic is related to or competes with ATT, Merck, Disney, Caterpillar, Procter Gamble, and JPMorgan Chase. Lithium Ionic Corp. engages in the acquisition, exploration, and development of mineral properties in Brazil More
Lithium Ionic 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 Ionic's otc 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 Ionic Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.07 | |||
| Information Ratio | 0.0942 | |||
| Maximum Drawdown | 23.5 | |||
| Value At Risk | (7.84) | |||
| Potential Upside | 12.73 |
Lithium Ionic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lithium Ionic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lithium Ionic's standard deviation. In reality, there are many statistical measures that can use Lithium Ionic historical prices to predict the future Lithium Ionic's volatility.| Risk Adjusted Performance | 0.1004 | |||
| Jensen Alpha | 0.593 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0821 | |||
| Treynor Ratio | 2.42 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lithium Ionic's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Lithium Ionic Corp Backtested Returns
Lithium Ionic appears to be out of control, given 3 months investment horizon. Lithium Ionic Corp has Sharpe Ratio of 0.1, which conveys that the firm had a 0.1% return per unit of risk over the last 3 months. By analyzing Lithium Ionic's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please exercise Lithium Ionic's Mean Deviation of 3.59, risk adjusted performance of 0.1004, and Downside Deviation of 6.07 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lithium Ionic holds a performance score of 8. The company secures a Beta (Market Risk) of 0.26, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lithium Ionic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lithium Ionic is expected to be smaller as well. Please check Lithium Ionic's skewness, day typical price, and the relationship between the downside variance and daily balance of power , to make a quick decision on whether Lithium Ionic's current price movements will revert.
Auto-correlation | -0.26 |
Weak reverse predictability
Lithium Ionic Corp has weak reverse predictability. Overlapping area represents the amount of predictability between Lithium Ionic time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st 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 Ionic Corp price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Lithium Ionic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Lithium Ionic Corp lagged returns against current returns
Autocorrelation, which is Lithium Ionic otc 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 Ionic's otc stock expected returns. We can calculate the autocorrelation of Lithium Ionic returns to help us make a trade decision. For example, suppose you find that Lithium Ionic has exhibited high autocorrelation historically, and you observe that the otc 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 Ionic 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 Ionic otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lithium Ionic otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lithium Ionic otc stock over time.
Current vs Lagged Prices |
| Timeline |
Lithium Ionic Lagged Returns
When evaluating Lithium Ionic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lithium Ionic otc stock have on its future price. Lithium Ionic 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 Ionic autocorrelation shows the relationship between Lithium Ionic otc stock current value and its past values and can show if there is a momentum factor associated with investing in Lithium Ionic Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Lithium OTC Stock
Lithium Ionic financial ratios help investors to determine whether Lithium OTC Stock 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 Ionic security.