Lithium Australia (Australia) Price on November 29, 2024
| LIT Stock | 0.02 0 5.56% |
Below is the normalized historical share price chart for Lithium Australia NL extending back to October 30, 2007. 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 Lithium Australia stands at 0.02, as last reported on the 1st of December, with the highest price reaching 0.02 and the lowest price hitting 0.02 during the day.
If you're considering investing in Lithium Stock, it is important to understand the factors that can impact its price. Lithium Australia has Sharpe Ratio of -0.0016, which conveys that the firm had a -0.0016% return per unit of risk over the last 3 months. Lithium Australia exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lithium Australia's Mean Deviation of 2.38, standard deviation of 3.89, and Risk Adjusted Performance of (0.01) to check out the risk estimate we provide.
At this time, Lithium Australia's Common Stock Total Equity is comparatively stable compared to the past year. Common Stock Shares Outstanding is likely to gain to about 1.3 B in 2024, despite the fact that Other Stockholder Equity is likely to grow to (12.9 M). . Lithium Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 0.0233 | 50 Day MA 0.0202 | Beta 1.333 |
Lithium |
Sharpe Ratio = -0.0016
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| Negative Returns | LIT |
Estimated Market Risk
| 3.85 actual daily | 34 66% of assets are more volatile |
Expected Return
| -0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Lithium Australia 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 Lithium Australia by adding Lithium Australia to a well-diversified portfolio.
Price Book 6.0913 | Book Value 0.003 | Enterprise Value 23.6 M | Enterprise Value Ebitda (1.70) | Price Sales 3.774 |
Lithium Australia Valuation on November 29, 2024
It is possible to determine the worth of Lithium Australia on a given historical date. On November 29, 2024 Lithium was worth 0.018 at the beginning of the trading date compared to the closed value of 0.019. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lithium Australia stock. Still, in general, we apply an absolute valuation method to find Lithium Australia'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 Lithium Australia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lithium Australia's related companies.
| Open | High | Low | Close | Volume | |
| 0.02 | 0.02 | 0.02 | 0.02 | 298,851 | |
11/29/2024 | 0.02 | 0.02 | 0.02 | 0.02 | 371,816 |
| 0.02 | 0.02 | 0.02 | 0.02 | 0.00 |
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Lithium Australia Trading Date Momentum on November 29, 2024
| On December 01 2024 Lithium Australia NL was traded for 0.02 at the closing time. The maximum traded price for the trading interval was 0.02 and the lowest daily price was 0.02 . There was no trading activity during the period 0.0. Lack of trading volume on 1st of December 2024 did not cause price change. The trading delta at closing time to the closing price today is 5.26% . |
Lithium Australia Fundamentals Correlations and Trends
By evaluating Lithium Australia'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 Lithium Australia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lithium financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lithium Australia Stock history
Lithium Australia 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 Lithium is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lithium Australia 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 Lithium Australia stock prices may prove useful in developing a viable investing in Lithium Australia
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.2 B | 1.3 B | |
| Net Loss | -6.5 M | -6.8 M |
Lithium Australia Stock Technical Analysis
Lithium Australia 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
Lithium Australia Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Lithium Australia NL cannot be verified against its exchange. Please verify the symbol is currently traded on Australian Securities 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.
Lithium Australia December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Lithium Australia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lithium Australia shares will generate the highest return on investment. By undertsting and applying Lithium Australia stock market strength indicators, traders can identify Lithium Australia NL entry and exit signals to maximize returns
Lithium Australia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lithium Australia's price direction in advance. Along with the technical and fundamental analysis of Lithium Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lithium 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 | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.74) | |||
| Treynor Ratio | 0.1763 |
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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.