Lithium Corp Stock Market Value
| LTUM Stock | USD 0.04 0 10.26% |
| Symbol | Lithium |
Lithium Corp '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 Corp's 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 Lithium Corp.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Lithium Corp on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Lithium Corp or generate 0.0% return on investment in Lithium Corp over 720 days. Lithium Corp is related to or competes with Mundoro Capital. Lithium Corporation, an exploration stage mining company, engages in the identification, acquisition, and exploration of... More
Lithium Corp 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 Corp's 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 Lithium Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.89 | |||
| Information Ratio | 0.0551 | |||
| Maximum Drawdown | 51.54 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 21.21 |
Lithium Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lithium Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lithium Corp's standard deviation. In reality, there are many statistical measures that can use Lithium Corp historical prices to predict the future Lithium Corp's volatility.| Risk Adjusted Performance | 0.0629 | |||
| Jensen Alpha | 0.6928 | |||
| Total Risk Alpha | (0.77) | |||
| Sortino Ratio | 0.0608 | |||
| Treynor Ratio | (0.78) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Lithium Corp'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.
Lithium Corp Backtested Returns
Lithium Corp appears to be out of control, given 3 months investment horizon. Lithium Corp has Sharpe Ratio of 0.0628, which conveys that the firm had a 0.0628% return per unit of risk over the last 3 months. By analyzing Lithium Corp's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please exercise Lithium Corp's Risk Adjusted Performance of 0.0629, downside deviation of 7.89, and Mean Deviation of 5.79 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lithium Corp holds a performance score of 4. The company secures a Beta (Market Risk) of -0.77, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Lithium Corp are expected to decrease at a much lower rate. During the bear market, Lithium Corp is likely to outperform the market. Please check Lithium Corp's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Lithium Corp's current price movements will revert.
Auto-correlation | 0.04 |
Virtually no predictability
Lithium Corp has virtually no predictability. Overlapping area represents the amount of predictability between Lithium Corp time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 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 Lithium Corp price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Lithium Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lithium Corp lagged returns against current returns
Autocorrelation, which is Lithium Corp 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 Lithium Corp's otc stock expected returns. We can calculate the autocorrelation of Lithium Corp returns to help us make a trade decision. For example, suppose you find that Lithium Corp 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 |
Lithium Corp 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 Corp otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lithium Corp otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lithium Corp otc stock over time.
Current vs Lagged Prices |
| Timeline |
Lithium Corp Lagged Returns
When evaluating Lithium Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lithium Corp otc stock have on its future price. Lithium Corp 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 Corp autocorrelation shows the relationship between Lithium Corp otc stock current value and its past values and can show if there is a momentum factor associated with investing in Lithium Corp.
Regressed Prices |
| Timeline |
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Lithium Corp financial ratios help investors to determine whether Lithium 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 Lithium with respect to the benefits of owning Lithium Corp security.