Lithium Americas Corp Stock Performance
| LAC Stock | CAD 5.57 0.14 2.58% |
On a scale of 0 to 100, Lithium Americas holds a performance score of 10. The company secures a Beta (Market Risk) of 0.46, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lithium Americas' returns are expected to increase less than the market. However, during the bear market, the loss of holding Lithium Americas is expected to be smaller as well. Please check Lithium Americas' skewness, day typical price, and the relationship between the downside variance and daily balance of power , to make a quick decision on whether Lithium Americas' current price movements will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Lithium Americas Corp are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. In spite of very abnormal fundamental indicators, Lithium Americas displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:5 | Dividend Date 2017-11-08 | Last Split Date 2017-11-08 |
1 | Is Lithium Americas Corp. the Most Promising EV Battery Stock According to Analysts - Yahoo Finance | 09/25/2024 |
2 | Lithium Americas Closes 2.26 Billion U.S. DOE ATVM Loan - Business Wire | 10/28/2024 |
3 | Lithium Americas Corp. Stock Moves -0.73 percent What You Should Know - Yahoo Finance | 10/31/2024 |
| Begin Period Cash Flow | 636 K |
Lithium |
Lithium Americas Relative Risk vs. Return Landscape
If you would invest 373.00 in Lithium Americas Corp on August 25, 2024 and sell it today you would earn a total of 184.00 from holding Lithium Americas Corp or generate 49.33% return on investment over 90 days. Lithium Americas Corp is generating 0.7918% of daily returns assuming 5.8717% volatility of returns over the 90 days investment horizon. Simply put, 52% of all stocks have less volatile historical return distribution than Lithium Americas, and 85% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Lithium Americas Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lithium Americas' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Lithium Americas Corp, and traders can use it to determine the average amount a Lithium Americas' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1349
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Estimated Market Risk
| 5.87 actual daily | 52 52% of assets are less volatile |
Expected Return
| 0.79 actual daily | 15 85% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Lithium Americas 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 Lithium Americas by adding it to a well-diversified portfolio.
Lithium Americas Fundamentals Growth
Lithium Stock prices reflect investors' perceptions of the future prospects and financial health of Lithium Americas, and Lithium Americas fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Lithium Stock performance.
| Return On Equity | -0.0698 | ||||
| Return On Asset | -0.0372 | ||||
| Current Valuation | 745.41 M | ||||
| Shares Outstanding | 218.38 M | ||||
| Price To Earning | 30.33 X | ||||
| Price To Book | 1.29 X | ||||
| Price To Sales | 242.38 X | ||||
| EBITDA | (27.36 K) | ||||
| Net Income | (3.93 M) | ||||
| Cash And Equivalents | 36.23 M | ||||
| Cash Per Share | 0.41 X | ||||
| Total Debt | 3.11 M | ||||
| Debt To Equity | 71.50 % | ||||
| Current Ratio | 10.38 X | ||||
| Book Value Per Share | 3.02 X | ||||
| Cash Flow From Operations | (37.96 M) | ||||
| Earnings Per Share | (0.16) X | ||||
| Market Capitalization | 1.28 B | ||||
| Total Asset | 439.5 M | ||||
| Retained Earnings | (264.36 M) | ||||
| Working Capital | 181.32 M | ||||
About Lithium Americas Performance
By examining Lithium Americas' fundamental ratios, stakeholders can obtain critical insights into Lithium Americas' financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Lithium Americas is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 99.81 | 116.36 | |
| Return On Tangible Assets | (0.01) | (0.01) | |
| Return On Capital Employed | (0.07) | (0.07) | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.01) | (0.01) |
Things to note about Lithium Americas Corp performance evaluation
Checking the ongoing alerts about Lithium Americas for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Lithium Americas Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Lithium Americas is way too risky over 90 days horizon | |
| Lithium Americas appears to be risky and price may revert if volatility continues | |
| Lithium Americas has accumulated C$3.11 Million in debt which can lead to volatile earnings | |
| Net Loss for the year was (3.93 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Lithium Americas Corp has accumulated about 36.23 M in cash with (37.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.41. | |
| Latest headline from news.google.com: Lithium Americas Corp. Stock Moves -0.73 percent What You Should Know - Yahoo Finance |
- Analyzing Lithium Americas' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Lithium Americas' stock is overvalued or undervalued compared to its peers.
- Examining Lithium Americas' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Lithium Americas' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Lithium Americas' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Lithium Americas' stock. These opinions can provide insight into Lithium Americas' potential for growth and whether the stock is currently undervalued or overvalued.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithium Americas Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.