International Lithium Corp Stock Market Value
| ILC Stock | CAD 0.02 0.01 33.33% |
| Symbol | International |
International Lithium Price To Book Ratio
International 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 International 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 International Lithium.
| 08/31/2024 |
| 11/29/2024 |
If you would invest 0.00 in International Lithium on August 31, 2024 and sell it all today you would earn a total of 0.00 from holding International Lithium Corp or generate 0.0% return on investment in International Lithium over 90 days. International Lithium is related to or competes with Lithium Chile, and Argentina Lithium. International Lithium Corp. engages in the investment, exploration, and development of mineral properties in Argentina, ... More
International 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 International 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 International Lithium Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 26.73 | |||
| Information Ratio | 0.092 | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 33.33 |
International Lithium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for International Lithium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as International Lithium's standard deviation. In reality, there are many statistical measures that can use International Lithium historical prices to predict the future International Lithium's volatility.| Risk Adjusted Performance | 0.0863 | |||
| Jensen Alpha | 1.21 | |||
| Total Risk Alpha | (0.77) | |||
| Sortino Ratio | 0.052 | |||
| Treynor Ratio | 0.5881 |
International Lithium Backtested Returns
International Lithium is out of control given 3 months investment horizon. International Lithium holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1% return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.48% are justified by taking the suggested risk. Use International Lithium Corp Downside Deviation of 26.73, market risk adjusted performance of 0.5981, and Risk Adjusted Performance of 0.0863 to evaluate company specific risk that cannot be diversified away. International Lithium holds a performance score of 7 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 2.56, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, International Lithium will likely underperform. Use International Lithium Corp value at risk and the relationship between the expected short fall and period momentum indicator , to analyze future returns on International Lithium Corp.
Auto-correlation | -0.07 |
Very weak reverse predictability
International Lithium Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between International Lithium time series from 31st of August 2024 to 15th of October 2024 and 15th of October 2024 to 29th 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 International Lithium price movement. The serial correlation of -0.07 indicates that barely 7.0% of current International Lithium price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
International Lithium lagged returns against current returns
Autocorrelation, which is International 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 International Lithium's stock expected returns. We can calculate the autocorrelation of International Lithium returns to help us make a trade decision. For example, suppose you find that International 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 |
International 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 International Lithium stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if International Lithium stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in International Lithium stock over time.
Current vs Lagged Prices |
| Timeline |
International Lithium Lagged Returns
When evaluating International Lithium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of International Lithium stock have on its future price. International 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, International Lithium autocorrelation shows the relationship between International Lithium stock current value and its past values and can show if there is a momentum factor associated with investing in International Lithium Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for International Stock Analysis
When running International Lithium's price analysis, check to measure International 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 International Lithium is operating at the current time. Most of International Lithium's value examination focuses on studying past and present price action to predict the probability of International 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 International Lithium's price. Additionally, you may evaluate how the addition of International Lithium to your portfolios can decrease your overall portfolio volatility.