XTC Lithium (Australia) Market Value
| XTC Stock | 0.20 0.00 0.00% |
| Symbol | XTC |
XTC 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 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.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in XTC Lithium on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding XTC Lithium Limited or generate 0.0% return on investment in XTC Lithium over 720 days. XTC Lithium is related to or competes with Global Health, Platinum Asset, Charter Hall, Clime Investment, Oneview Healthcare, and Fisher Paykel. XTC Lithium is entity of Australia. It is traded as Stock on AU exchange. More
XTC 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 XTC 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 XTC Lithium Limited upside and downside potential and time the market with a certain degree of confidence.
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.XTC Lithium Limited Backtested Returns
We have found three technical indicators for XTC Lithium, which you can use to evaluate the volatility of the company. The firm owns a Beta (Systematic Risk) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and XTC Lithium are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
XTC Lithium Limited has no correlation between past and present. Overlapping area represents the amount of predictability between XTC Lithium time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 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 XTC Lithium Limited price movement. The serial correlation of 0.0 indicates that just 0.0% of current XTC Lithium price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
XTC Lithium Limited lagged returns against current returns
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.
Current and Lagged Values |
| Timeline |
XTC 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 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.
Current vs Lagged Prices |
| Timeline |
XTC Lithium Lagged Returns
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.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for XTC Stock Analysis
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.