Lithium Americas Corp Stock Technical Analysis
| LAC Stock | USD 3.88 0.23 6.30% |
As of the 22nd of November, Lithium Americas secures the Mean Deviation of 4.77, risk adjusted performance of 0.1005, and Downside Deviation of 4.25. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Lithium Americas Corp, as well as the relationship between them.
Lithium Americas Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Lithium, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LithiumLithium |
Lithium Americas Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 14.25 | Buy | 15 | Odds |
Most Lithium analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Lithium stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Lithium Americas Corp, talking to its executives and customers, or listening to Lithium conference calls.
Lithium Americas 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.
Lithium Americas Corp Technical Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Lithium Americas Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Lithium Americas Corp Trend Analysis
Use this graph to draw trend lines for Lithium Americas Corp. You can use it to identify possible trend reversals for Lithium Americas as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Lithium Americas price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Lithium Americas Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Lithium Americas Corp applied against its price change over selected period. The best fit line has a slop of 0.04 , which may imply that Lithium Americas Corp will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 49.53, which is the sum of squared deviations for the predicted Lithium Americas price change compared to its average price change.About Lithium Americas Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Lithium Americas Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Lithium Americas Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Lithium Americas Corp price pattern first instead of the macroeconomic environment surrounding Lithium Americas Corp. By analyzing Lithium Americas's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Lithium Americas's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Lithium Americas specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2023 | 2024 (projected) | Payables Turnover | 0.0201 | 0.019 | Days Of Inventory On Hand | 99.81 | 116.36 |
Lithium Americas November 22, 2024 Technical Indicators
Most technical analysis of Lithium help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Lithium from various momentum indicators to cycle indicators. When you analyze Lithium charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.1005 | |||
| Market Risk Adjusted Performance | 0.4532 | |||
| Mean Deviation | 4.77 | |||
| Semi Deviation | 4.1 | |||
| Downside Deviation | 4.25 | |||
| Coefficient Of Variation | 821.42 | |||
| Standard Deviation | 6.03 | |||
| Variance | 36.39 | |||
| Information Ratio | 0.1059 | |||
| Jensen Alpha | 0.5848 | |||
| Total Risk Alpha | 0.0404 | |||
| Sortino Ratio | 0.1502 | |||
| Treynor Ratio | 0.4432 | |||
| Maximum Drawdown | 32.09 | |||
| Value At Risk | (7.35) | |||
| Potential Upside | 11.11 | |||
| Downside Variance | 18.1 | |||
| Semi Variance | 16.84 | |||
| Expected Short fall | (6.17) | |||
| Skewness | 1.09 | |||
| Kurtosis | 1.69 |
Complementary Tools for Lithium Stock analysis
When running Lithium Americas' price analysis, check to measure Lithium Americas' 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 Lithium Americas is operating at the current time. Most of Lithium Americas' value examination focuses on studying past and present price action to predict the probability of Lithium Americas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lithium Americas' price. Additionally, you may evaluate how the addition of Lithium Americas to your portfolios can decrease your overall portfolio volatility.
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