Lithium Chile Stock Beta
| LITH Stock | CAD 0.60 0.02 3.45% |
Lithium Chile fundamentals help investors to digest information that contributes to Lithium Chile's financial success or failures. It also enables traders to predict the movement of Lithium Stock. The fundamental analysis module provides a way to measure Lithium Chile's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Lithium Chile stock.
Lithium | Beta |
Lithium Chile Company Beta Analysis
Lithium Chile's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Lithium Chile Beta | 1.85 |
Most of Lithium Chile's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Lithium Chile is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Lithium Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Lithium Chile is extremely important. It helps to project a fair market value of Lithium Stock properly, considering its historical fundamentals such as Beta. Since Lithium Chile's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Lithium Chile's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Lithium Chile's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Lithium Chile has a Beta of 1.852. This is 112.87% higher than that of the Metals & Mining sector and 58.29% higher than that of the Materials industry. The beta for all Canada stocks is notably lower than that of the firm.
Lithium Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Lithium Chile's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Lithium Chile could also be used in its relative valuation, which is a method of valuing Lithium Chile by comparing valuation metrics of similar companies.Lithium Chile is currently under evaluation in beta category among its peers.
Lithium Chile Current Valuation Drivers
We derive many important indicators used in calculating different scores of Lithium Chile from analyzing Lithium Chile's financial statements. These drivers represent accounts that assess Lithium Chile's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Lithium Chile's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 24.5M | 24.3M | 103.6M | 106.0M | 95.4M | 100.1M | |
| Enterprise Value | 24.3M | 23.7M | 96.6M | 89.0M | 80.1M | 84.1M |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Lithium Chile will likely underperform.
Lithium Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | -0.0553 | ||||
| Current Valuation | 112.47 M | ||||
| Shares Outstanding | 206.33 M | ||||
| Shares Owned By Insiders | 11.80 % | ||||
| Shares Owned By Institutions | 18.44 % | ||||
| Number Of Shares Shorted | 348.48 K | ||||
| Price To Book | 1.93 X | ||||
| Price To Sales | 431.29 X | ||||
| Gross Profit | 1.82 K | ||||
| EBITDA | (4.39 M) | ||||
| Net Income | (1.11 M) | ||||
| Cash And Equivalents | 939.29 K | ||||
| Cash Per Share | 0.01 X | ||||
| Total Debt | 2.79 M | ||||
| Current Ratio | 20.14 X | ||||
| Book Value Per Share | 0.30 X | ||||
| Cash Flow From Operations | (1.05 M) | ||||
| Short Ratio | 2.41 X | ||||
| Target Price | 1.28 | ||||
| Beta | 1.85 | ||||
| Market Capitalization | 119.67 M | ||||
| Total Asset | 55.85 M | ||||
| Retained Earnings | (15.78 M) | ||||
| Working Capital | 17.35 M | ||||
| Net Asset | 55.85 M |
About Lithium Chile Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Lithium Chile's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lithium Chile using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lithium Chile based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Tools for Lithium Stock Analysis
When running Lithium Chile's price analysis, check to measure Lithium Chile'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 Chile is operating at the current time. Most of Lithium Chile's value examination focuses on studying past and present price action to predict the probability of Lithium Chile'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 Chile's price. Additionally, you may evaluate how the addition of Lithium Chile to your portfolios can decrease your overall portfolio volatility.