Lithium Americas Corp Stock Price on May 19, 2022
| LAC Stock | USD 4.66 1.97 29.71% |
If you're considering investing in Lithium Stock, it is important to understand the factors that can impact its price. As of today, the current price of Lithium Americas stands at 4.66, as last reported on the 18th of April 2024, with the highest price reaching 4.90 and the lowest price hitting 4.64 during the day. Lithium Americas appears to be relatively risky, given 3 months investment horizon. Lithium Americas Corp has Sharpe Ratio of 0.0451, which conveys that the firm had a 0.0451% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Lithium Americas, which you can use to evaluate the volatility of the firm. Please exercise Lithium Americas' Downside Deviation of 4.75, mean deviation of 3.9, and Risk Adjusted Performance of 0.0592 to check out if our risk estimates are consistent with your expectations.
At present, Lithium Americas' Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 459.1 M, whereas Other Stockholder Equity is forecasted to decline to about 32.4 M. . At present, Lithium Americas' Price Book Value Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 2.90, whereas Price Earnings Ratio is projected to grow to (240.72). Lithium Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Lithium |
Sharpe Ratio = 0.0451
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Estimated Market Risk
| 6.12 actual daily | 54 54% of assets are less volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Lithium Americas is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Lithium Americas by adding it to a well-diversified portfolio.
Price Book 2.8145 | Enterprise Value Ebitda (293.54) | Price Sales 89.0593 | Shares Float 130.2 M | Wall Street Target Price 10.44 |
Lithium Americas Valuation on May 19, 2022
It is possible to determine the worth of Lithium Americas on a given historical date. On May 19, 2022 Lithium was worth 23.58 at the beginning of the trading date compared to the closed value of 25.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lithium Americas stock. Still, in general, we apply an absolute valuation method to find Lithium Americas' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Lithium Americas where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lithium Americas' related companies.
| Open | High | Low | Close | Volume | |
| 23.88 | 24.89 | 23.14 | 23.59 | 3,094,700 | |
05/19/2022 | 23.58 | 26.01 | 23.48 | 25.15 | 5,058,600 |
| 25.34 | 25.67 | 23.30 | 24.60 | 3,542,700 |
| Backtest Lithium Americas | | | Lithium Americas History | | | Lithium Americas Valuation | Previous | Next |
Lithium Americas Trading Date Momentum on May 19, 2022
| On May 20 2022 Lithium Americas Corp was traded for 24.60 at the closing time. Highest Lithium Americas's price during the trading hours was 25.67 and the lowest price during the day was 23.30 . The net volume was 3.5 M. The overall trading history on the 20th of May contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 2.19% . The trading delta at closing time to current price is 10.10% . |
Lithium Americas Corp Fundamentals Correlations and Trends
By evaluating Lithium Americas' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Lithium Americas' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lithium financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Lithium Americas Stock history
Lithium Americas investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Lithium is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lithium Americas Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Lithium Americas stock prices may prove useful in developing a viable investing in Lithium Americas
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 160.4 M | 168.4 M | |
| Net Loss | -84.2 M | -80 M |
Lithium Americas Quarterly Net Working Capital |
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Lithium Americas Stock Technical Analysis
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.
Price Boundaries
Lithium Americas Period Price Range
Low | May 19, 2022
| High |
23.58 | 25.15 |
Lithium Americas April 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Lithium Americas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lithium Americas shares will generate the highest return on investment. By undertsting and applying Lithium Americas stock market strength indicators, traders can identify Lithium Americas Corp entry and exit signals to maximize returns
| Accumulation Distribution | 492051.0 | |||
| Daily Balance Of Power | 0.6206 | |||
| Rate Of Daily Change | 1.07 | |||
| Day Median Price | 24.75 | |||
| Day Typical Price | 24.88 | |||
| Price Action Indicator | 1.19 | |||
| Period Momentum Indicator | (20.49) | |||
| Relative Strength Index | 34.6 |
Lithium Americas Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Lithium Americas' price direction in advance. Along with the technical and fundamental analysis of Lithium Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lithium to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0592 | |||
| Jensen Alpha | 0.2928 | |||
| Total Risk Alpha | 0.0293 | |||
| Sortino Ratio | 0.0727 | |||
| Treynor Ratio | 0.1816 |
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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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.