XTC Lithium (Australia) Market Value

Symbol

XTC

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 XTC 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 XTC Lithium.

XTC Lithium Upside/Downside Indicators

XTC Lithium Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for XTC Lithium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as XTC Lithium's standard deviation. In reality, there are many statistical measures that can use XTC Lithium historical prices to predict the future XTC Lithium's volatility.

Autocorrelation, which is XTC 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 XTC Lithium's stock expected returns. We can calculate the autocorrelation of XTC Lithium returns to help us make a trade decision. For example, suppose you find that XTC 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.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If XTC Lithium stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if XTC Lithium stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in XTC Lithium stock over time.

When evaluating XTC Lithium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of XTC Lithium stock have on its future price. XTC 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, XTC Lithium autocorrelation shows the relationship between XTC Lithium stock current value and its past values and can show if there is a momentum factor associated with investing in XTC Lithium Limited.

When running XTC Lithium's price analysis, check to measure XTC Lithium'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 XTC Lithium is operating at the current time. Most of XTC Lithium's value examination focuses on studying past and present price action to predict the probability of XTC Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move XTC Lithium's price. Additionally, you may evaluate how the addition of XTC Lithium to your portfolios can decrease your overall portfolio volatility.