American Lithium (Germany) Market Value
| 5LA1 Stock | EUR 0.67 0.02 2.90% |
| Symbol | American |
American Lithium 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to American Lithium's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of American Lithium.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in American Lithium on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding American Lithium Corp or generate 0.0% return on investment in American Lithium over 30 days. American Lithium is related to or competes with Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, NorAm Drilling, and Identiv. American Lithium Corp., an exploration stage company, engages in the identification, acquisition, exploration, and devel... More
American Lithium Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure American Lithium's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess American Lithium Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.0 | |||
| Information Ratio | 0.115 | |||
| Maximum Drawdown | 48.57 | |||
| Value At Risk | (11.25) | |||
| Potential Upside | 16.67 |
American Lithium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American Lithium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American Lithium's standard deviation. In reality, there are many statistical measures that can use American Lithium historical prices to predict the future American Lithium's volatility.| Risk Adjusted Performance | 0.1082 | |||
| Jensen Alpha | 1.16 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.1323 | |||
| Treynor Ratio | 7.99 |
American Lithium Corp Backtested Returns
American Lithium is out of control given 3 months investment horizon. American Lithium Corp secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of standard deviation over the last 3 months. We were able to analyze thirty different technical indicators, which can help you to evaluate if expected returns of 1.51% are justified by taking the suggested risk. Use American Lithium risk adjusted performance of 0.1082, and Mean Deviation of 7.13 to evaluate company specific risk that cannot be diversified away. American Lithium holds a performance score of 13 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, American Lithium's returns are expected to increase less than the market. However, during the bear market, the loss of holding American Lithium is expected to be smaller as well. Use American Lithium market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to analyze future returns on American Lithium.
Auto-correlation | 0.11 |
Insignificant predictability
American Lithium Corp has insignificant predictability. Overlapping area represents the amount of predictability between American Lithium time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of American Lithium Corp price movement. The serial correlation of 0.11 indicates that less than 11.0% of current American Lithium price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
American Lithium Corp lagged returns against current returns
Autocorrelation, which is American Lithium stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting American Lithium's stock expected returns. We can calculate the autocorrelation of American Lithium returns to help us make a trade decision. For example, suppose you find that American Lithium has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
American Lithium regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If American Lithium stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American Lithium stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American Lithium stock over time.
Current vs Lagged Prices |
| Timeline |
American Lithium Lagged Returns
When evaluating American Lithium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American Lithium stock have on its future price. American Lithium autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, American Lithium autocorrelation shows the relationship between American Lithium stock current value and its past values and can show if there is a momentum factor associated with investing in American Lithium Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in American Stock
When determining whether American Lithium Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of American Lithium's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of American Lithium Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on American Lithium Corp Stock:Check out American Lithium Correlation, American Lithium Volatility and American Lithium Alpha and Beta module to complement your research on American Lithium. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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.