American Lithium Corp Stock Price on November 6, 2024
| LI Stock | CAD 0.99 0.03 2.94% |
Below is the normalized historical share price chart for American Lithium Corp extending back to August 08, 1996. 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 American Lithium stands at 0.99, as last reported on the 24th of November, with the highest price reaching 1.00 and the lowest price hitting 0.97 during the day.
If you're considering investing in American Stock, it is important to understand the factors that can impact its price. American Lithium is abnormally volatile given 3 months investment horizon. American Lithium Corp secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of standard deviation over the last 3 months. We were able to interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 1.12% are justified by taking the suggested risk. Use American Lithium mean deviation of 5.79, and Risk Adjusted Performance of 0.12 to evaluate company specific risk that cannot be diversified away.
At this time, American Lithium's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 225.4 M in 2024, whereas Capital Stock is likely to drop slightly above 168.8 M in 2024. . Price To Sales Ratio is likely to drop to 968.23 in 2024. Price Earnings Ratio is likely to drop to -5.48 in 2024. American Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.838 | 50 Day MA 0.8996 | Beta 2.259 |
American |
Sharpe Ratio = 0.1369
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Estimated Market Risk
| 8.21 actual daily | 73 73% of assets are less volatile |
Expected Return
| 1.12 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average American Lithium is performing at about 10% 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.
Price Book 1.387 | Book Value 0.735 | Enterprise Value 218.7 M | Enterprise Value Ebitda (23.79) | Shares Float 210.6 M |
American Lithium Valuation on November 6, 2024
It is possible to determine the worth of American Lithium on a given historical date. On November 6, 2024 American was worth 1.02 at the beginning of the trading date compared to the closed value of 0.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of American Lithium stock. 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 | |
| 0.97 | 1.03 | 0.95 | 1.03 | 151,814 | |
11/06/2024 | 1.02 | 1.02 | 0.91 | 0.99 | 229,574 |
| 1.00 | 1.03 | 0.99 | 1.00 | 291,947 |
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American Lithium Trading Date Momentum on November 6, 2024
| On November 07 2024 American Lithium Corp was traded for 1.00 at the closing time. The top price for the day was 1.03 and the lowest listed price was 0.99 . The trading volume for the day was 291.9 K. The trading history from November 7, 2024 was a factor to the next trading day price increase. The trading delta at closing time against the next closing price was 1.01% . The overall trading delta against the current closing price is 1.01% . |
American Lithium Corp 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 Stock 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 Corp 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
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 214.6 M | 225.4 M | |
| Net Loss | -12.5 M | -13.1 M |
American Lithium Quarterly Net Working Capital |
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American Lithium Stock Technical Analysis
American 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
American Lithium Period Price Range
Low | November 24, 2024
| High |
0.00 | 0.00 |
American Lithium Corp cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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 24, 2024 Market Strength
Market strength indicators help investors to evaluate how American 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 American Lithium shares will generate the highest return on investment. By undertsting and applying American Lithium stock market strength indicators, traders can identify American Lithium Corp 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 Stock 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 | 0.12 | |||
| Jensen Alpha | 0.9665 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.1647 | |||
| Treynor Ratio | 0.7245 |
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Additional Tools for American Stock Analysis
When running American Lithium's price analysis, check to measure American 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 American Lithium is operating at the current time. Most of American Lithium's value examination focuses on studying past and present price action to predict the probability of American 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 American Lithium's price. Additionally, you may evaluate how the addition of American Lithium to your portfolios can decrease your overall portfolio volatility.