Lithium South Development Stock Market Value
| LIS Stock | CAD 0.10 0.01 9.09% |
| Symbol | Lithium |
Lithium South Development Price To Book Ratio
Lithium South '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 Lithium South'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 Lithium South.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Lithium South on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Lithium South Development or generate 0.0% return on investment in Lithium South over 540 days. Lithium South is related to or competes with Global X, Financial, Rubicon Organics, Amazon CDR, First Trust, and Rocky Mountain. Lithium South Development Corporation, an exploration stage junior mining company, engages in the identification, acquis... More
Lithium South 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 Lithium South'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 Lithium South Development upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 29.09 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 10.0 |
Lithium South Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lithium South's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lithium South's standard deviation. In reality, there are many statistical measures that can use Lithium South historical prices to predict the future Lithium South's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.56) | |||
| Total Risk Alpha | (1.66) | |||
| Treynor Ratio | 0.5768 |
Lithium South Development Backtested Returns
Lithium South Development has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Lithium South exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lithium South's Mean Deviation of 4.74, standard deviation of 6.39, and Risk Adjusted Performance of (0.07) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -1.2, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Lithium South are expected to decrease by larger amounts. On the other hand, during market turmoil, Lithium South is expected to outperform it. At this point, Lithium South Development has a negative expected return of -0.81%. Please make sure to verify Lithium South's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Lithium South Development performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.74 |
Good predictability
Lithium South Development has good predictability. Overlapping area represents the amount of predictability between Lithium South time series from 8th of June 2023 to 4th of March 2024 and 4th of March 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 Lithium South Development price movement. The serial correlation of 0.74 indicates that around 74.0% of current Lithium South price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Lithium South Development lagged returns against current returns
Autocorrelation, which is Lithium South 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 Lithium South's stock expected returns. We can calculate the autocorrelation of Lithium South returns to help us make a trade decision. For example, suppose you find that Lithium South 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 |
Lithium South 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 Lithium South stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lithium South stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lithium South stock over time.
Current vs Lagged Prices |
| Timeline |
Lithium South Lagged Returns
When evaluating Lithium South's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lithium South stock have on its future price. Lithium South 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, Lithium South autocorrelation shows the relationship between Lithium South stock current value and its past values and can show if there is a momentum factor associated with investing in Lithium South Development.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Lithium Stock Analysis
When running Lithium South's price analysis, check to measure Lithium South'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 South is operating at the current time. Most of Lithium South's value examination focuses on studying past and present price action to predict the probability of Lithium South'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 South's price. Additionally, you may evaluate how the addition of Lithium South to your portfolios can decrease your overall portfolio volatility.