American Lithium Minerals Stock Price on January 18, 2024
AMLM Stock | USD 0.03 0.01 30.79% |
If you're considering investing in American Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of American Lithium stands at 0.03, as last reported on the 27th of November, with the highest price reaching 0.04 and the lowest price hitting 0.03 during the day. American Lithium is out of control given 3 months investment horizon. American Lithium Minerals secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of standard deviation over the last 3 months. We were able to break down and interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.44% are justified by taking the suggested risk. Use American Lithium risk adjusted performance of 0.1083, and Mean Deviation of 9.77 to evaluate company specific risk that cannot be diversified away.
American Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
American |
Sharpe Ratio = 0.1033
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Estimated Market Risk
13.91 actual daily | 96 96% of assets are less volatile |
Expected Return
1.44 actual daily | 28 72% of assets have higher returns |
Risk-Adjusted Return
0.1 actual daily | 8 92% of assets perform better |
Based on monthly moving average American Lithium is performing at about 8% of its full potential. 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 American Lithium by adding it to a well-diversified portfolio.
American Lithium Valuation on January 18, 2024
It is possible to determine the worth of American Lithium on a given historical date. On January 18, 2024 American was worth 0.037 at the beginning of the trading date compared to the closed value of 0.039. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of American Lithium pink sheet. Still, in general, we apply an absolute valuation method to find American Lithium's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of American Lithium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against American Lithium's related companies.
Open | High | Low | Close | Volume | |
0.04 | 0.04 | 0.03 | 0.03 | 6,024 | |
01/18/2024 | 0.04 | 0.04 | 0.03 | 0.04 | 19,326 |
0.04 | 0.04 | 0.03 | 0.04 | 17,784 |
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American Lithium Trading Date Momentum on January 18, 2024
On January 19 2024 American Lithium Minerals was traded for 0.04 at the closing time. The top price for the day was 0.04 and the lowest listed price was 0.03 . The trading volume for the day was 17.8 K. The trading history from January 19, 2024 did not affect price variability. The overall trading delta against the current closing price is 14.87% . |
American Lithium Minerals Fundamentals Correlations and Trends
By evaluating American Lithium's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among American Lithium's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. American financial account trend analysis is a perfect complement when working with valuation or volatility modules.About American Lithium Pink Sheet history
American Lithium investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for American is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in American Lithium Minerals will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing American Lithium stock prices may prove useful in developing a viable investing in American Lithium
American Lithium Minerals, Inc., engages in mineral exploration for lithium and rare earth minerals in the United States. The company was incorporated in 2005 and is based in Las Vegas, Nevada.. American Lithium operates under Other Industrial Metals Mining classification in the United States and is traded on OTC Exchange.
American Lithium Pink Sheet Technical Analysis
American Lithium technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
Price Boundaries
American Lithium Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
American Lithium Minerals cannot be verified against its exchange. Please verify the symbol is currently traded on PINK Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
American Lithium November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how American Lithium pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading American Lithium shares will generate the highest return on investment. By undertsting and applying American Lithium pink sheet market strength indicators, traders can identify American Lithium Minerals entry and exit signals to maximize returns
American Lithium Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for American Lithium's price direction in advance. Along with the technical and fundamental analysis of American Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of American to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | 0.1083 | |||
Jensen Alpha | 1.59 | |||
Total Risk Alpha | (0.35) | |||
Sortino Ratio | 0.1252 | |||
Treynor Ratio | 2.49 |
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Other Information on Investing in American Pink Sheet
American Lithium financial ratios help investors to determine whether American Pink Sheet 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 American with respect to the benefits of owning American Lithium security.