POWR Lithium's market value is the price at which a share of POWR Lithium trades on a public exchange. It measures the collective expectations of POWR Lithium Corp investors about its performance. POWR Lithium is trading at 0.0389 as of the 3rd of February 2025. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.0389. With this module, you can estimate the performance of a buy and hold strategy of POWR Lithium Corp and determine expected loss or profit from investing in POWR Lithium over a given investment horizon. Check out POWR Lithium Correlation, POWR Lithium Volatility and POWR Lithium Alpha and Beta module to complement your research on POWR Lithium.
Please note, there is a significant difference between POWR Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if POWR Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, POWR Lithium's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
POWR 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 POWR Lithium'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 POWR Lithium.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure POWR Lithium'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 POWR Lithium Corp upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for POWR Lithium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as POWR Lithium's standard deviation. In reality, there are many statistical measures that can use POWR Lithium historical prices to predict the future POWR Lithium's volatility.
POWR Lithium appears to be out of control, given 3 months investment horizon. POWR Lithium Corp maintains Sharpe Ratio (i.e., Efficiency) of 0.0452, which implies the firm had a 0.0452 % return per unit of standard deviation over the last 3 months. By reviewing POWR Lithium's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please evaluate POWR Lithium's Market Risk Adjusted Performance of 0.2624, semi deviation of 10.1, and Risk Adjusted Performance of 0.0465 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, POWR Lithium holds a performance score of 3. The company holds a Beta of 2.77, which implies 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, POWR Lithium will likely underperform. Please check POWR Lithium's treynor ratio, downside variance, as well as the relationship between the Downside Variance and kurtosis , to make a quick decision on whether POWR Lithium's historical price patterns will revert.
Auto-correlation
0.21
Weak predictability
POWR Lithium Corp has weak predictability. Overlapping area represents the amount of predictability between POWR Lithium time series from 4th of January 2025 to 19th of January 2025 and 19th of January 2025 to 3rd of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of POWR Lithium Corp price movement. The serial correlation of 0.21 indicates that over 21.0% of current POWR Lithium price fluctuation can be explain by its past prices.
Correlation Coefficient
0.21
Spearman Rank Test
-0.35
Residual Average
0.0
Price Variance
0.0
POWR Lithium Corp lagged returns against current returns
Autocorrelation, which is POWR Lithium 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 POWR Lithium's otc stock expected returns. We can calculate the autocorrelation of POWR Lithium returns to help us make a trade decision. For example, suppose you find that POWR Lithium 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
POWR 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 POWR Lithium otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if POWR Lithium otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in POWR Lithium otc stock over time.
Current vs Lagged Prices
Timeline
POWR Lithium Lagged Returns
When evaluating POWR Lithium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of POWR Lithium otc stock have on its future price. POWR 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, POWR Lithium autocorrelation shows the relationship between POWR Lithium otc stock current value and its past values and can show if there is a momentum factor associated with investing in POWR Lithium Corp.
POWR Lithium financial ratios help investors to determine whether POWR 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 POWR with respect to the benefits of owning POWR Lithium security.