United Lithium Corp Stock Price on June 7, 2024
ULTHF Stock | USD 0.11 0.01 8.33% |
If you're considering investing in United OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of United Lithium stands at 0.11, as last reported on the 27th of November, with the highest price reaching 0.12 and the lowest price hitting 0.10 during the day. At this point, United Lithium is out of control. United Lithium Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0154, which indicates the firm had a 0.0154% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for United Lithium Corp, which you can use to evaluate the volatility of the company. Please validate United Lithium's Coefficient Of Variation of (3,292), risk adjusted performance of (0.01), and Variance of 120.66 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%.
United OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
United |
Sharpe Ratio = 0.0154
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ULTHF | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
10.77 actual daily | 95 95% of assets are less volatile |
Expected Return
0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average United Lithium is performing at about 1% 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 United Lithium by adding it to a well-diversified portfolio.
United Lithium Valuation on June 7, 2024
It is possible to determine the worth of United Lithium on a given historical date. On June 7, 2024 United was worth 0.23 at the beginning of the trading date compared to the closed value of 0.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of United Lithium otc stock. Still, in general, we apply an absolute valuation method to find United 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 United Lithium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against United Lithium's related companies.
Open | High | Low | Close | Volume | |
0.24 | 0.24 | 0.23 | 0.23 | 10,938 | |
06/07/2024 | 0.23 | 0.23 | 0.22 | 0.22 | 6,300 |
0.21 | 0.24 | 0.21 | 0.22 | 66,000 |
Backtest United Lithium | | | United Lithium History | | | United Lithium Valuation | Previous | Next |
United Lithium Trading Date Momentum on June 7, 2024
On June 10 2024 United Lithium Corp was traded for 0.22 at the closing time. The highest daily price throughout the period was 0.24 and the lowest price was 0.21 . The daily volume was 66 K. The net trading volume on 06/10/2024 did not result in any price rise and fall. The trading price change to current closing price is 13.64% . |
United Lithium Corp Fundamentals Correlations and Trends
By evaluating United 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 United Lithium's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. United financial account trend analysis is a perfect complement when working with valuation or volatility modules.About United Lithium OTC Stock history
United 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 United is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in United 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 United Lithium stock prices may prove useful in developing a viable investing in United Lithium
United Lithium Corp. engages in the acquisition, exploration, and evaluation of natural resource properties. United Lithium Corp. was incorporated in 2017 and is headquartered in Vancouver, Canada. United Lithium is traded on OTC Exchange in the United States.
United Lithium OTC Stock Technical Analysis
United Lithium technical otc 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, otc market cycles, or different charting patterns.
Price Boundaries
United Lithium Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
United Lithium Corp cannot be verified against its exchange. Please verify the symbol is currently traded on OTCQX 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.
United Lithium November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how United Lithium otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading United Lithium shares will generate the highest return on investment. By undertsting and applying United Lithium otc stock market strength indicators, traders can identify United Lithium Corp entry and exit signals to maximize returns
United Lithium Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for United Lithium's price direction in advance. Along with the technical and fundamental analysis of United OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of United 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 | (0.55) | |||
Total Risk Alpha | (2.07) | |||
Treynor Ratio | (0.20) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for United OTC Stock analysis
When running United Lithium's price analysis, check to measure United 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 United Lithium is operating at the current time. Most of United Lithium's value examination focuses on studying past and present price action to predict the probability of United 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 United Lithium's price. Additionally, you may evaluate how the addition of United Lithium to your portfolios can decrease your overall portfolio volatility.
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins |