Foremost Lithium Resource Stock Alpha and Beta Analysis
| FMSTW Stock | 0.24 0.10 29.41% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Foremost Lithium Resource. It also helps investors analyze the systematic and unsystematic risks associated with investing in Foremost Lithium over a specified time horizon. Remember, high Foremost Lithium's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Foremost Lithium's market risk premium analysis include:
Beta 3.14 | Alpha 1.14 | Risk 15.64 | Sharpe Ratio (0.05) | Expected Return (0.81) |
Enterprise Value |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Foremost |
Foremost Lithium Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Foremost Lithium market risk premium is the additional return an investor will receive from holding Foremost Lithium long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Foremost Lithium. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Foremost Lithium's performance over market.| α | 1.14 | β | 3.14 |
Foremost Lithium Fundamentals Vs Peers
Comparing Foremost Lithium's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Foremost Lithium's direct or indirect competition across all of the common fundamentals between Foremost Lithium and the related equities. This way, we can detect undervalued stocks with similar characteristics as Foremost Lithium or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Foremost Lithium's fundamental indicators could also be used in its relative valuation, which is a method of valuing Foremost Lithium by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Foremost Lithium to competition |
| Fundamentals | Foremost Lithium | Peer Average |
| Return On Equity | -0.4 | -0.31 |
| Return On Asset | -0.13 | -0.14 |
| Number Of Shares Shorted | 384 | 4.71 M |
| EBITDA | (4.5 M) | 3.9 B |
| Net Income | (4.47 M) | 570.98 M |
| Total Debt | 1.14 M | 5.32 B |
| Book Value Per Share | 2.54 X | 1.93 K |
Foremost Lithium Opportunities
Foremost Lithium Return and Market Media
The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Denison strikes 30M deal with Foremost Lithium for uranium project options - MSN | 09/26/2024 |
2 | Foremost Clean Energy Provides Update of its Anticipated Closing Date of its Spin-Out from January 30 to January 31, 2025 | 01/29/2025 |
About Foremost Lithium Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Foremost or other stocks. Alpha measures the amount that position in Foremost Lithium Resource has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Foremost Lithium in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Foremost Lithium's short interest history, or implied volatility extrapolated from Foremost Lithium options trading.
Build Portfolio with Foremost Lithium
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Additional Tools for Foremost Stock Analysis
When running Foremost Lithium's price analysis, check to measure Foremost 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 Foremost Lithium is operating at the current time. Most of Foremost Lithium's value examination focuses on studying past and present price action to predict the probability of Foremost 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 Foremost Lithium's price. Additionally, you may evaluate how the addition of Foremost Lithium to your portfolios can decrease your overall portfolio volatility.