Lithium Energi Exploration Stock Market Value
| LXENF Stock | USD 0.03 0 7.56% |
| Symbol | Lithium |
Lithium Energi '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 Energi's pink sheet 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 Energi.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Lithium Energi on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Lithium Energi Exploration or generate 0.0% return on investment in Lithium Energi over 30 days. Lithium Energi is related to or competes with Critical Elements, International Battery, Talga Group, South Star, Liontown Resources, Frontier Lithium, and Lithium Ionic. Lithium Energi Exploration Inc. engages in the acquisition, exploration, and evaluating of lithium properties in Argenti... More
Lithium Energi 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 Energi's pink sheet 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 Energi Exploration upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 63.14 | |||
| Value At Risk | (13.14) | |||
| Potential Upside | 7.56 |
Lithium Energi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lithium Energi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lithium Energi's standard deviation. In reality, there are many statistical measures that can use Lithium Energi historical prices to predict the future Lithium Energi's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (1.82) | |||
| Treynor Ratio | 1.29 |
Lithium Energi Explo Backtested Returns
Lithium Energi Explo has Sharpe Ratio of -0.0543, which conveys that the firm had a -0.0543% return per unit of risk over the last 3 months. Lithium Energi exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lithium Energi's Standard Deviation of 8.21, risk adjusted performance of (0.03), and Mean Deviation of 3.88 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.35, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Lithium Energi are expected to decrease at a much lower rate. During the bear market, Lithium Energi is likely to outperform the market. At this point, Lithium Energi Explo has a negative expected return of -0.45%. Please make sure to verify Lithium Energi's kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if Lithium Energi Explo performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.78 |
Good predictability
Lithium Energi Exploration has good predictability. Overlapping area represents the amount of predictability between Lithium Energi time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 Energi Explo price movement. The serial correlation of 0.78 indicates that around 78.0% of current Lithium Energi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Lithium Energi Explo lagged returns against current returns
Autocorrelation, which is Lithium Energi pink sheet'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 Energi's pink sheet expected returns. We can calculate the autocorrelation of Lithium Energi returns to help us make a trade decision. For example, suppose you find that Lithium Energi has exhibited high autocorrelation historically, and you observe that the pink sheet 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 Energi 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 Energi pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lithium Energi pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lithium Energi pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Lithium Energi Lagged Returns
When evaluating Lithium Energi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lithium Energi pink sheet have on its future price. Lithium Energi 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 Energi autocorrelation shows the relationship between Lithium Energi pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Lithium Energi Exploration.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Lithium Pink Sheet
Lithium Energi financial ratios help investors to determine whether Lithium Pink Sheet 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 Energi security.