Lithium Americas Corp Stock Performance
| LAC Stock | USD 4.73 0.07 1.50% |
On a scale of 0 to 100, Lithium Americas holds a performance score of 2. The company secures a Beta (Market Risk) of 2.18, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Lithium Americas will likely underperform. Please check Lithium Americas' downside variance, kurtosis, and the relationship between the value at risk and expected short fall , to make a quick decision on whether Lithium Americas' current price movements will revert.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Lithium Americas Corp are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of rather conflicting basic indicators, Lithium Americas exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (29.71) | Five Day Return (36.51) | Year To Date Return (26.38) | Ten Year Return 138.97 | All Time Return 90.2 |
Last Split Factor 1:5 | Dividend Date 2017-11-08 | Last Split Date 2017-11-08 |
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9 | Lithium Americas Trading Down 3.9 percent - MarketBeat | 04/04/2024 |
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11 | 3 Under 10 Stocks to Buy Now Q2 Edition | 04/16/2024 |
12 | Nasdaq Down 0.5 Lithium Americas Shares Slide | 04/18/2024 |
| Begin Period Cash Flow | 635.7 K |
Lithium |
Lithium Americas Relative Risk vs. Return Landscape
If you would invest 461.00 in Lithium Americas Corp on January 20, 2024 and sell it today you would earn a total of 5.00 from holding Lithium Americas Corp or generate 1.08% return on investment over 90 days. Lithium Americas Corp is generating 0.2292% of daily returns assuming volatility of 6.2967% on return distribution over 90 days investment horizon. In other words, 55% of stocks are less volatile than Lithium, and above 96% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Lithium Americas Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lithium Americas' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Lithium Americas Corp, and traders can use it to determine the average amount a Lithium Americas' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0364
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Estimated Market Risk
| 6.3 actual daily | 55 55% of assets are less volatile |
Expected Return
| 0.23 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Lithium Americas is performing at about 2% 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.
Lithium Americas Fundamentals Growth
Lithium Stock prices reflect investors' perceptions of the future prospects and financial health of Lithium Americas, and Lithium Americas fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Lithium Stock performance.
| Return On Equity | -0.0211 | ||||
| Return On Asset | -0.0739 | ||||
| Current Valuation | 562.34 M | ||||
| Shares Outstanding | 162.16 M | ||||
| Price To Earning | 20.88 X | ||||
| Price To Book | 2.81 X | ||||
| Price To Sales | 89.06 X | ||||
| EBITDA | (27.66 M) | ||||
| Net Income | (4.01 M) | ||||
| Cash And Equivalents | 440.82 M | ||||
| Cash Per Share | 3.28 X | ||||
| Total Debt | 3.1 M | ||||
| Debt To Equity | 0.27 % | ||||
| Current Ratio | 44.14 X | ||||
| Book Value Per Share | 2.52 X | ||||
| Cash Flow From Operations | (38.66 M) | ||||
| Earnings Per Share | (0.02) X | ||||
| Market Capitalization | 755.69 M | ||||
| Total Asset | 437.25 M | ||||
| Retained Earnings | (263.01 M) | ||||
| Working Capital | 181.32 M | ||||
| Current Asset | 54.99 M | ||||
| Current Liabilities | 3.45 M | ||||
About Lithium Americas Performance
To evaluate Lithium Americas Corp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Lithium Americas generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Lithium Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Lithium Americas Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Lithium's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | (0) | 0.00 | |
| Return On Tangible Assets | (0.01) | (0.01) | |
| Return On Capital Employed | (0.07) | (0.07) | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.01) | (0.01) |
Things to note about Lithium Americas Corp performance evaluation
Checking the ongoing alerts about Lithium Americas for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Lithium Americas Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Lithium Americas had very high historical volatility over the last 90 days | |
| Reported Net Loss for the year was (4.01 M) with profit before taxes, overhead, and interest of 0. | |
| Lithium Americas Corp has about 440.82 M in cash with (38.66 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.28. | |
| Lithium Americas has a very weak financial position based on the latest SEC disclosures | |
| Latest headline from benzinga.com: Nasdaq Down 0.5 Lithium Americas Shares Slide |
- Analyzing Lithium Americas' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Lithium Americas' stock is overvalued or undervalued compared to its peers.
- Examining Lithium Americas' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Lithium Americas' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Lithium Americas' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Lithium Americas' stock. These opinions can provide insight into Lithium Americas' potential for growth and whether the stock is currently undervalued or overvalued.
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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.