Foremost Lithium Resource Stock Price on March 31, 2023
| FMST Stock | 1.48 0.19 11.38% |
Below is the normalized historical share price chart for Foremost Lithium Resource extending back to December 09, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Foremost Lithium stands at 1.48, as last reported on the 22nd of November, with the highest price reaching 1.79 and the lowest price hitting 1.35 during the day.
If you're considering investing in Foremost Stock, it is important to understand the factors that can impact its price. Foremost Lithium Resource secures Sharpe Ratio (or Efficiency) of -0.23, which denotes the company had a -0.23% return per unit of risk over the last 3 months. Foremost Lithium Resource exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Foremost Lithium's Mean Deviation of 2.77, standard deviation of 3.94, and Variance of 15.52 to check the risk estimate we provide.
At this time, Foremost Lithium's Total Stockholder Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 4.7 M in 2024, whereas Common Stock is likely to drop slightly above 19.2 M in 2024. . At this time, Foremost Lithium's Price Book Value Ratio is comparatively stable compared to the past year. Price Earnings To Growth Ratio is likely to gain to 0.01 in 2024, whereas Price To Free Cash Flows Ratio is likely to drop (4.39) in 2024. Foremost Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 22nd of August 2023 | 200 Day MA 2.7088 | 50 Day MA 2.706 | Beta 1.514 |
Foremost |
Sharpe Ratio = -0.2297
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| Negative Returns | FMST |
Estimated Market Risk
| 4.2 actual daily | 37 63% of assets are more volatile |
Expected Return
| -0.96 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.23 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Foremost Lithium 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 Foremost Lithium by adding Foremost Lithium to a well-diversified portfolio.
Price Book 1.257 | Book Value 2.502 | Enterprise Value 12.7 M | Enterprise Value Ebitda 68.3634 | Shares Float 3.9 M |
Foremost Lithium Valuation on March 31, 2023
It is possible to determine the worth of Foremost Lithium on a given historical date. On March 31, 2023 Foremost was worth 6.6 at the beginning of the trading date compared to the closed value of 6.42. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Foremost Lithium stock. Still, in general, we apply an absolute valuation method to find Foremost 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 Foremost Lithium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Foremost Lithium's related companies.
| Open | High | Low | Close | Volume | |
| 5.80 | 6.69 | 5.80 | 6.26 | 2,327 | |
03/31/2023 | 6.60 | 6.60 | 6.42 | 6.42 | 280.00 |
| 6.26 | 6.26 | 6.26 | 6.26 | 40.00 |
| Backtest Foremost Lithium | | | Foremost Lithium History | | | Foremost Lithium Valuation | Previous | Next |
Foremost Lithium Trading Date Momentum on March 31, 2023
| On April 03 2023 Foremost Lithium Resource was traded for 6.26 at the closing time. The top price for the day was 6.26 and the lowest listed price was 6.26 . The trading volume for the day was 40.0. The trading history from April 3, 2023 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 2.49% . The overall trading delta against the current closing price is 14.33% . |
Foremost Lithium Resource Fundamentals Correlations and Trends
By evaluating Foremost 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 Foremost Lithium's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Foremost financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Foremost Lithium Stock history
Foremost 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 Foremost is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Foremost Lithium Resource 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 Foremost Lithium stock prices may prove useful in developing a viable investing in Foremost Lithium
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 4.5 M | 4.7 M | |
| Net Loss | -3.7 M | -3.9 M |
Foremost Lithium Stock Technical Analysis
Foremost Lithium technical stock 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, stock market cycles, or different charting patterns.
Price Boundaries
Foremost Lithium Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Foremost Lithium Resource cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Foremost Lithium November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Foremost Lithium stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Foremost Lithium shares will generate the highest return on investment. By undertsting and applying Foremost Lithium stock market strength indicators, traders can identify Foremost Lithium Resource entry and exit signals to maximize returns
Foremost Lithium Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Foremost Lithium's price direction in advance. Along with the technical and fundamental analysis of Foremost Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Foremost 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 | (0.14) | |||
| Jensen Alpha | (0.82) | |||
| Total Risk Alpha | (1.28) | |||
| Treynor Ratio | (1.45) |
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Additional Tools for Foremost Stock Analysis
When running Foremost Lithium's price analysis, check to measure Foremost Lithium'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 Foremost Lithium is operating at the current time. Most of Foremost Lithium's value examination focuses on studying past and present price action to predict the probability of Foremost Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Foremost Lithium's price. Additionally, you may evaluate how the addition of Foremost Lithium to your portfolios can decrease your overall portfolio volatility.