Lithium Chile Stock Probability of Future Stock Price Finishing Over 12.99
| LITH Stock | CAD 0.62 0.02 3.13% |
Lithium |
Lithium Chile Target Price Odds to finish over 12.99
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 move over C$ 12.99 or more in 90 days |
| 0.62 | 90 days | 12.99 | close to zero percent |
Based on a normal probability distribution, the odds of Lithium Chile to move over C$ 12.99 or more in 90 days from now is close to zero percent (This Lithium Chile probability density function shows the probability of Lithium Stock to fall within a particular range of prices over 90 days) . Probability of Lithium Chile price to stay between its current price of C$ 0.62 and C$ 12.99 at the end of the 90-day period is about 42.3 .
Assuming the 90 days trading horizon Lithium Chile has a beta of -0.2. This indicates as returns on the benchmark increase, returns on holding Lithium Chile are expected to decrease at a much lower rate. During a bear market, however, Lithium Chile is likely to outperform the market. Additionally Lithium Chile has an alpha of 0.1392, implying that it can generate a 0.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Lithium Chile Price Density |
| Price |
Predictive Modules for Lithium Chile
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 Chile. 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 Chile Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Lithium Chile is not an exception. The market had few large corrections towards the Lithium Chile'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 Chile, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Lithium Chile within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.14 | |
β | Beta against Dow Jones | -0.2 | |
σ | Overall volatility | 0.05 | |
Ir | Information ratio | 0 |
Lithium Chile 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 Chile for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Lithium Chile 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 Chile has some characteristics of a very speculative penny stock | |
| Lithium Chile had very high historical volatility over the last 90 days | |
| Net Loss for the year was (1.11 M) with profit before overhead, payroll, taxes, and interest of 1.82 K. | |
| Lithium Chile has accumulated about 939.29 K in cash with (1.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Lithium Chile 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 Chile'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 Chile's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 206.2 M |
Lithium Chile Technical Analysis
Lithium Chile'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 Chile. In general, you should focus on analyzing Lithium Stock price patterns and their correlations with different microeconomic environments and drivers.
Lithium Chile Predictive Forecast Models
Lithium Chile's time-series forecasting models is one of many Lithium Chile'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 Chile'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 Chile
Checking the ongoing alerts about Lithium Chile for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Lithium Chile help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Lithium Chile has some characteristics of a very speculative penny stock | |
| Lithium Chile had very high historical volatility over the last 90 days | |
| Net Loss for the year was (1.11 M) with profit before overhead, payroll, taxes, and interest of 1.82 K. | |
| Lithium Chile has accumulated about 939.29 K in cash with (1.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01. |
Additional Tools for Lithium Stock Analysis
When running Lithium Chile's price analysis, check to measure Lithium Chile'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 Chile is operating at the current time. Most of Lithium Chile's value examination focuses on studying past and present price action to predict the probability of Lithium Chile'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 Chile's price. Additionally, you may evaluate how the addition of Lithium Chile to your portfolios can decrease your overall portfolio volatility.