Lithiumbank Resources Corp Stock Market Value
| LBNKF Stock | USD 0.20 0.02 9.09% |
| Symbol | LithiumBank |
LithiumBank Resources '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 LithiumBank Resources' otc 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 LithiumBank Resources.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in LithiumBank Resources on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding LithiumBank Resources Corp or generate 0.0% return on investment in LithiumBank Resources over 510 days. LithiumBank Resources is related to or competes with Mundoro Capital. LithiumBank Resources Corp., an exploration and development company, focuses on lithium-brine properties in Canada More
LithiumBank Resources 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 LithiumBank Resources' otc 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 LithiumBank Resources Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 18.37 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 6.67 |
LithiumBank Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for LithiumBank Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as LithiumBank Resources' standard deviation. In reality, there are many statistical measures that can use LithiumBank Resources historical prices to predict the future LithiumBank Resources' volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.93) | |||
| Total Risk Alpha | (1.66) | |||
| Treynor Ratio | 4.27 |
LithiumBank Resources Backtested Returns
LithiumBank Resources has Sharpe Ratio of -0.21, which conveys that the firm had a -0.21% return per unit of risk over the last 3 months. LithiumBank Resources exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LithiumBank Resources' Standard Deviation of 4.53, risk adjusted performance of (0.15), and Mean Deviation of 3.57 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.22, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning LithiumBank Resources are expected to decrease at a much lower rate. During the bear market, LithiumBank Resources is likely to outperform the market. At this point, LithiumBank Resources has a negative expected return of -0.92%. Please make sure to verify LithiumBank Resources' total risk alpha, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if LithiumBank Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.44 |
Average predictability
LithiumBank Resources Corp has average predictability. Overlapping area represents the amount of predictability between LithiumBank Resources time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 LithiumBank Resources price movement. The serial correlation of 0.44 indicates that just about 44.0% of current LithiumBank Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
LithiumBank Resources lagged returns against current returns
Autocorrelation, which is LithiumBank Resources otc 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 LithiumBank Resources' otc stock expected returns. We can calculate the autocorrelation of LithiumBank Resources returns to help us make a trade decision. For example, suppose you find that LithiumBank Resources has exhibited high autocorrelation historically, and you observe that the otc 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 |
LithiumBank Resources 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 LithiumBank Resources otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if LithiumBank Resources otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in LithiumBank Resources otc stock over time.
Current vs Lagged Prices |
| Timeline |
LithiumBank Resources Lagged Returns
When evaluating LithiumBank Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of LithiumBank Resources otc stock have on its future price. LithiumBank Resources 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, LithiumBank Resources autocorrelation shows the relationship between LithiumBank Resources otc stock current value and its past values and can show if there is a momentum factor associated with investing in LithiumBank Resources Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in LithiumBank OTC Stock
LithiumBank Resources financial ratios help investors to determine whether LithiumBank OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in LithiumBank with respect to the benefits of owning LithiumBank Resources security.