Lithium Australia (Australia) Probability of Future Stock Price Finishing Over 0.0166
| LIT Stock | 0.02 0 5.56% |
Lithium |
Lithium Australia Target Price Odds to finish over 0.0166
The tendency of Lithium 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 stay above 0.02 in 90 days |
| 0.02 | 90 days | 0.02 | close to 99 |
Based on a normal probability distribution, the odds of Lithium Australia to stay above 0.02 in 90 days from now is close to 99 (This Lithium Australia NL probability density function shows the probability of Lithium Stock to fall within a particular range of prices over 90 days) . Probability of Lithium Australia price to stay between 0.02 and its current price of 0.019 at the end of the 90-day period is about 10.88 .
Assuming the 90 days trading horizon the stock has the beta coefficient of 1.38 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Lithium Australia will likely underperform. Additionally Lithium Australia NL 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. Lithium Australia Price Density |
| Price |
Predictive Modules for Lithium Australia
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Lithium Australia. 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.Lithium Australia Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lithium Australia is not an exception. The market had few large corrections towards the Lithium Australia'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 Lithium Australia NL, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lithium Australia within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.18 | |
β | Beta against Dow Jones | 1.38 | |
σ | Overall volatility | 0 | |
Ir | Information ratio | -0.03 |
Lithium Australia 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 Lithium Australia for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lithium Australia can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Lithium Australia generated a negative expected return over the last 90 days | |
| Lithium Australia has some characteristics of a very speculative penny stock | |
| Lithium Australia has high historical volatility and very poor performance | |
| Lithium Australia has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 6.71 M. Net Loss for the year was (10.77 M) with profit before overhead, payroll, taxes, and interest of 1.45 M. | |
| Lithium Australia generates negative cash flow from operations |
Lithium Australia 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 Lithium Stock often depends not only on the future outlook of the current and potential Lithium Australia'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. Lithium Australia's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.2 B | |
| Cash And Short Term Investments | 5.9 M |
Lithium Australia Technical Analysis
Lithium Australia's future price can be derived by breaking down and analyzing its technical indicators over time. Lithium Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Lithium Australia NL. In general, you should focus on analyzing Lithium Stock price patterns and their correlations with different microeconomic environments and drivers.
Lithium Australia Predictive Forecast Models
Lithium Australia's time-series forecasting models is one of many Lithium Australia'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 Lithium Australia'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 Lithium Australia
Checking the ongoing alerts about Lithium Australia for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lithium Australia help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Lithium Australia generated a negative expected return over the last 90 days | |
| Lithium Australia has some characteristics of a very speculative penny stock | |
| Lithium Australia has high historical volatility and very poor performance | |
| Lithium Australia has a very high chance of going through financial distress in the upcoming years | |
| The company reported the revenue of 6.71 M. Net Loss for the year was (10.77 M) with profit before overhead, payroll, taxes, and interest of 1.45 M. | |
| Lithium Australia generates negative cash flow from operations |
Additional Tools for Lithium Stock Analysis
When running Lithium Australia's price analysis, check to measure Lithium Australia's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lithium Australia is operating at the current time. Most of Lithium Australia's value examination focuses on studying past and present price action to predict the probability of Lithium Australia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lithium Australia's price. Additionally, you may evaluate how the addition of Lithium Australia to your portfolios can decrease your overall portfolio volatility.