Lithium Americas Corp Stock Performance
| LAAC Stock | 4.01 0.17 4.43% |
The company secures a Beta (Market Risk) of -0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Lithium Americas are expected to decrease at a much lower rate. During the bear market, Lithium Americas is likely to outperform the market. At this point, Lithium Americas Corp has a negative expected return of -0.0646%. Please make sure to verify Lithium Americas' sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Lithium Americas Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Lithium Americas Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of very healthy basic indicators, Lithium Americas is not utilizing all of its potentials. The latest stock price disarray, may contribute to short-term losses for the investors. ...more
Last Split Factor 2484:1000 | Last Split Date 2023-10-04 |
1 | General Motors Bets 625 Million On Lithium Americas Project LAC Stock Jumps - Investors Business Daily | 10/16/2024 |
2 | Lithium Americas Corp.s market cap dropped CA388m last week individual investors who hold 56 percent were hit as were institutions - Yahoo Canada Finance | 12/10/2024 |
| Begin Period Cash Flow | 194.5 M |
Lithium |
Lithium Americas Relative Risk vs. Return Landscape
If you would invest 439.00 in Lithium Americas Corp on September 27, 2024 and sell it today you would lose (38.00) from holding Lithium Americas Corp or give up 8.66% of portfolio value over 90 days. Lithium Americas Corp is generating negative expected returns and assumes 4.0193% volatility on return distribution over the 90 days horizon. Simply put, 35% of stocks are less volatile than Lithium, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Lithium Americas Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lithium Americas' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Lithium Americas Corp, and traders can use it to determine the average amount a Lithium Americas' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0161
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| Negative Returns | LAAC |
Estimated Market Risk
| 4.02 actual daily | 35 65% of assets are more volatile |
Expected Return
| -0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Lithium Americas is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Lithium Americas by adding Lithium Americas to a well-diversified portfolio.
Lithium Americas Fundamentals Growth
Lithium Stock prices reflect investors' perceptions of the future prospects and financial health of Lithium Americas, and Lithium Americas fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Lithium Stock performance.
| Return On Equity | -0.0107 | ||||
| Return On Asset | -0.0237 | ||||
| Current Valuation | 812.35 M | ||||
| Shares Outstanding | 161.92 M | ||||
| Price To Book | 0.54 X | ||||
| Price To Sales | 89.16 X | ||||
| EBITDA | (115.94 M) | ||||
| Net Income | 1.29 B | ||||
| Total Debt | 202.97 M | ||||
| Book Value Per Share | 5.13 X | ||||
| Cash Flow From Operations | (58.97 M) | ||||
| Earnings Per Share | (0.10) X | ||||
| Market Capitalization | 720.53 M | ||||
| Total Asset | 1.06 B | ||||
| Retained Earnings | (661.19 M) | ||||
About Lithium Americas Performance
By examining Lithium Americas' fundamental ratios, stakeholders can obtain critical insights into Lithium Americas' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Lithium Americas is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | (783.11) | (743.95) | |
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | (0.05) | (0.05) | |
| Return On Assets | 0.02 | 0.02 | |
| Return On Equity | 0.02 | 0.02 |
Things to note about Lithium Americas Corp performance evaluation
Checking the ongoing alerts about Lithium Americas for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Lithium Americas Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Lithium Americas generated a negative expected return over the last 90 days | |
| Lithium Americas has high historical volatility and very poor performance | |
| Lithium Americas has high likelihood to experience some financial distress in the next 2 years | |
| Lithium Americas generates negative cash flow from operations | |
| Latest headline from news.google.com: Lithium Americas Corp.s market cap dropped CA388m last week individual investors who hold 56 percent were hit as were institutions - Yahoo Canada Finance |
- Analyzing Lithium Americas' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Lithium Americas' stock is overvalued or undervalued compared to its peers.
- Examining Lithium Americas' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Lithium Americas' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Lithium Americas' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Lithium Americas' stock. These opinions can provide insight into Lithium Americas' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithium Americas Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.