CleanTech Lithium (UK) Probability of Future Stock Price Finishing Under 4.75
| CTL Stock | 18.75 0.75 3.85% |
CleanTech |
CleanTech Lithium Target Price Odds to finish below 4.75
The tendency of CleanTech Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to 4.75 or more in 90 days |
| 18.75 | 90 days | 4.75 | near 1 |
Based on a normal probability distribution, the odds of CleanTech Lithium to drop to 4.75 or more in 90 days from now is near 1 (This CleanTech Lithium plc probability density function shows the probability of CleanTech Stock to fall within a particular range of prices over 90 days) . Probability of CleanTech Lithium plc price to stay between 4.75 and its current price of 18.75 at the end of the 90-day period is about 16.32 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.03 suggesting CleanTech Lithium plc market returns are highly-sensitive to returns on the market. As the market goes up or down, CleanTech Lithium is expected to follow. Additionally CleanTech Lithium plc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. CleanTech Lithium Price Density |
| Price |
Predictive Modules for CleanTech Lithium
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as CleanTech Lithium plc. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.CleanTech Lithium Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. CleanTech Lithium is not an exception. The market had few large corrections towards the CleanTech Lithium's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold CleanTech Lithium plc, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of CleanTech Lithium within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.94 | |
β | Beta against Dow Jones | 1.03 | |
σ | Overall volatility | 5.88 | |
Ir | Information ratio | -0.21 |
CleanTech Lithium Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of CleanTech Lithium for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for CleanTech Lithium plc can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| CleanTech Lithium generated a negative expected return over the last 90 days | |
| CleanTech Lithium has high historical volatility and very poor performance | |
| Net Loss for the year was (5.89 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| CleanTech Lithium generates negative cash flow from operations | |
| Latest headline from news.google.com: Pilot-Scale Lithium Carbonate Production - 070006 20 Nov 2024 - CTL News article - London Stock Exchange |
CleanTech Lithium Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of CleanTech Stock often depends not only on the future outlook of the current and potential CleanTech Lithium's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. CleanTech Lithium's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 109.7 M | |
| Cash And Short Term Investments | 6.2 M |
CleanTech Lithium Technical Analysis
CleanTech Lithium's future price can be derived by breaking down and analyzing its technical indicators over time. CleanTech Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of CleanTech Lithium plc. In general, you should focus on analyzing CleanTech Stock price patterns and their correlations with different microeconomic environments and drivers.
CleanTech Lithium Predictive Forecast Models
CleanTech Lithium's time-series forecasting models is one of many CleanTech Lithium's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary CleanTech Lithium's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about CleanTech Lithium plc
Checking the ongoing alerts about CleanTech Lithium for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for CleanTech Lithium plc help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| CleanTech Lithium generated a negative expected return over the last 90 days | |
| CleanTech Lithium has high historical volatility and very poor performance | |
| Net Loss for the year was (5.89 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| CleanTech Lithium generates negative cash flow from operations | |
| Latest headline from news.google.com: Pilot-Scale Lithium Carbonate Production - 070006 20 Nov 2024 - CTL News article - London Stock Exchange |
Other Information on Investing in CleanTech Stock
CleanTech Lithium financial ratios help investors to determine whether CleanTech 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 CleanTech with respect to the benefits of owning CleanTech Lithium security.