Lithium Americas Corp Stock Technical Analysis

LAC Stock  USD 4.36  0.09  2.02%   
As of the 11th of May 2024, Lithium Americas secures the Downside Deviation of 7.18, mean deviation of 3.98, and Risk Adjusted Performance of 0.042. 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. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Lithium Americas, which can be compared to its peers in the industry. Please verify Lithium Americas Corp treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall to decide if Lithium Americas Corp is priced some-what accurately, providing market reflects its recent price of 4.36 per share. Given that Lithium Americas Corp has jensen alpha of 0.3968, we recommend you to check Lithium Americas's last-minute market performance to make sure the company can sustain itself at a future point.

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 Lithium
  
Lithium Americas' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Lithium Americas Analyst Consensus

Target PriceAdvice# of Analysts
14.25Strong Buy12Odds
Lithium Americas Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
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 Analyst Advice Details
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.
A focus of Lithium Americas technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Lithium Americas trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Lithium Americas Corp Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. 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   0.0008  , which may imply that the returns on investment in Lithium Americas Corp will continue to fail. It has 122 observation points and a regression sum of squares at 0.02, 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)
Graham Number1.192.24
Receivables Turnover2.863.69

Lithium Americas May 11, 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.

Lithium Americas May 11, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Lithium stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Lithium Americas Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lithium Americas' 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 Lithium Americas Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lithium Americas Corp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithium Americas Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Lithium Americas Corp information on this page should be used as a complementary analysis to other Lithium Americas' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

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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Is Lithium Americas' industry 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 Lithium Americas. If investors know Lithium 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 Lithium Americas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.126
Earnings Share
(0.02)
Revenue Per Share
0.02
Quarterly Revenue Growth
0.081
Return On Assets
(0.07)
The market value of Lithium Americas Corp is measured differently than its book value, which is the value of Lithium that is recorded on the company's balance sheet. Investors also form their own opinion of Lithium Americas' value that differs from its market value or its book value, called intrinsic value, which is Lithium Americas' 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 Lithium Americas' market value can be influenced by many factors that don't directly affect Lithium Americas' 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 Lithium Americas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lithium Americas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lithium Americas' 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.