Arcadium Lithium Plc Stock Market Value
| ALTM Stock | USD 5.32 0.03 0.57% |
| Symbol | Arcadium |
Arcadium Lithium plc Price To Book Ratio
Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Arcadium Lithium. If investors know Arcadium will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Arcadium Lithium listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.94) | Earnings Share 0.18 | Revenue Per Share 0.991 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0157 |
The market value of Arcadium Lithium plc is measured differently than its book value, which is the value of Arcadium that is recorded on the company's balance sheet. Investors also form their own opinion of Arcadium Lithium's value that differs from its market value or its book value, called intrinsic value, which is Arcadium Lithium's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Arcadium Lithium's market value can be influenced by many factors that don't directly affect Arcadium Lithium's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Arcadium Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arcadium Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arcadium Lithium's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Arcadium 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 Arcadium 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 Arcadium Lithium.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Arcadium Lithium on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Arcadium Lithium plc or generate 0.0% return on investment in Arcadium Lithium over 90 days. Arcadium Lithium is related to or competes with Oil Dri, H B, Northern Technologies, and Cabot. Altus Midstream Company owns gas gathering, processing, and transmission assets in the Permian Basin of West Texas More
Arcadium 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 Arcadium 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 Arcadium Lithium plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.62 | |||
| Information Ratio | 0.1663 | |||
| Maximum Drawdown | 36.86 | |||
| Value At Risk | (2.95) | |||
| Potential Upside | 10.0 |
Arcadium Lithium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arcadium Lithium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arcadium Lithium's standard deviation. In reality, there are many statistical measures that can use Arcadium Lithium historical prices to predict the future Arcadium Lithium's volatility.| Risk Adjusted Performance | 0.1518 | |||
| Jensen Alpha | 1.08 | |||
| Total Risk Alpha | 0.1783 | |||
| Sortino Ratio | 0.4144 | |||
| Treynor Ratio | 1.14 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Arcadium Lithium's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Arcadium Lithium plc Backtested Returns
Arcadium Lithium is unstable given 3 months investment horizon. Arcadium Lithium plc secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2% return per unit of standard deviation over the last 3 months. We were able to interpolate and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.31% are justified by taking the suggested risk. Use Arcadium Lithium mean deviation of 3.07, and Risk Adjusted Performance of 0.1518 to evaluate company specific risk that cannot be diversified away. Arcadium Lithium holds a performance score of 15 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.06, which signifies a somewhat significant risk relative to the market. Arcadium Lithium returns are very sensitive to returns on the market. As the market goes up or down, Arcadium Lithium is expected to follow. Use Arcadium Lithium coefficient of variation, semi variance, period momentum indicator, as well as the relationship between the treynor ratio and daily balance of power , to analyze future returns on Arcadium Lithium.
Auto-correlation | -0.5 |
Modest reverse predictability
Arcadium Lithium plc has modest reverse predictability. Overlapping area represents the amount of predictability between Arcadium Lithium time series from 28th of August 2024 to 12th of October 2024 and 12th of October 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 Arcadium Lithium plc price movement. The serial correlation of -0.5 indicates that about 50.0% of current Arcadium Lithium price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Arcadium Lithium plc lagged returns against current returns
Autocorrelation, which is Arcadium 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 Arcadium Lithium's stock expected returns. We can calculate the autocorrelation of Arcadium Lithium returns to help us make a trade decision. For example, suppose you find that Arcadium 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 |
Arcadium 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 Arcadium Lithium stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arcadium Lithium stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arcadium Lithium stock over time.
Current vs Lagged Prices |
| Timeline |
Arcadium Lithium Lagged Returns
When evaluating Arcadium Lithium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arcadium Lithium stock have on its future price. Arcadium 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, Arcadium Lithium autocorrelation shows the relationship between Arcadium Lithium stock current value and its past values and can show if there is a momentum factor associated with investing in Arcadium Lithium plc.
Regressed Prices |
| Timeline |
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Arcadium 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.