Standard Lithium Stock Market Value
| SLI Stock | USD 1.66 0.04 2.35% |
| Symbol | Standard |
Standard Lithium Price To Book Ratio
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Standard Lithium. If investors know Standard will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Standard Lithium listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.61 | Return On Assets (0.10) | Return On Equity 0.5908 |
The market value of Standard Lithium is measured differently than its book value, which is the value of Standard that is recorded on the company's balance sheet. Investors also form their own opinion of Standard Lithium's value that differs from its market value or its book value, called intrinsic value, which is Standard Lithium's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Standard Lithium's market value can be influenced by many factors that don't directly affect Standard Lithium's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Standard Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Standard Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Standard 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.
Standard 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 Standard Lithium'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 Standard Lithium.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Standard Lithium on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Standard Lithium or generate 0.0% return on investment in Standard Lithium over 30 days. Standard Lithium is related to or competes with Lithium Americas, Piedmont Lithium, NioCorp Developments, Teck Resources, Sigma Lithium, MP Materials, and Vale SA. Standard Lithium Ltd. explores for, develops, and processes lithium brine properties in the United States More
Standard Lithium 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 Standard Lithium'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 Standard Lithium upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.41 | |||
| Information Ratio | 0.09 | |||
| Maximum Drawdown | 35.9 | |||
| Value At Risk | (8.93) | |||
| Potential Upside | 14.53 |
Standard Lithium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Standard Lithium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Standard Lithium's standard deviation. In reality, there are many statistical measures that can use Standard Lithium historical prices to predict the future Standard Lithium's volatility.| Risk Adjusted Performance | 0.087 | |||
| Jensen Alpha | 0.6107 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.1169 | |||
| Treynor Ratio | 0.5739 |
Standard Lithium Backtested Returns
Standard Lithium appears to be dangerous, given 3 months investment horizon. Standard Lithium owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of risk over the last 3 months. By inspecting Standard Lithium's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please review Standard Lithium's Risk Adjusted Performance of 0.087, coefficient of variation of 965.13, and Semi Deviation of 5.19 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Standard Lithium holds a performance score of 8. The entity has a beta of 1.25, which indicates 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, Standard Lithium will likely underperform. Please check Standard Lithium's jensen alpha, skewness, relative strength index, as well as the relationship between the value at risk and day median price , to make a quick decision on whether Standard Lithium's existing price patterns will revert.
Auto-correlation | -0.45 |
Modest reverse predictability
Standard Lithium has modest reverse predictability. Overlapping area represents the amount of predictability between Standard Lithium time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Standard Lithium price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Standard Lithium price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Standard Lithium lagged returns against current returns
Autocorrelation, which is Standard Lithium 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 Standard Lithium's stock expected returns. We can calculate the autocorrelation of Standard Lithium returns to help us make a trade decision. For example, suppose you find that Standard Lithium 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 |
Standard 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 Standard Lithium stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Standard Lithium stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Standard Lithium stock over time.
Current vs Lagged Prices |
| Timeline |
Standard Lithium Lagged Returns
When evaluating Standard Lithium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Standard Lithium stock have on its future price. Standard 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, Standard Lithium autocorrelation shows the relationship between Standard Lithium stock current value and its past values and can show if there is a momentum factor associated with investing in Standard Lithium.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Standard Lithium offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Standard Lithium's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Standard Lithium Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Standard Lithium Stock:Check out Standard Lithium Correlation, Standard Lithium Volatility and Standard Lithium Alpha and Beta module to complement your research on Standard Lithium. For more detail on how to invest in Standard Stock please use our How to Invest in Standard Lithium guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Standard Lithium technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.