Lithium Americas Corp Stock Price History

LAC Stock  USD 6.81  0.27  3.81%   
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 6.81, as last reported on the 16th of April 2024, with the highest price reaching 7.40 and the lowest price hitting 6.68 during the day. Lithium Americas appears to be slightly risky, given 3 months investment horizon. Lithium Americas Corp has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. By analyzing Lithium Americas' technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please exercise Lithium Americas' Downside Deviation of 4.9, risk adjusted performance of 0.0522, and Mean Deviation of 3.96 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.

Sharpe Ratio = 0.1209

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsLAC
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 5.0
  actual daily
44
56% of assets are more volatile

Expected Return

 0.6
  actual daily
11
89% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Lithium Americas is performing at about 9% 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 Stock Price History Chart

There are several ways to analyze Lithium Stock price data. The simplest method is using a basic Lithium candlestick price chart, which shows Lithium Americas price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceApril 11, 20247.34
Lowest PriceFebruary 5, 20243.83

Lithium Americas April 16, 2024 Stock Price Synopsis

Various analyses of Lithium Americas' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Lithium Stock. It can be used to describe the percentage change in the price of Lithium Americas from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Lithium Stock.
Lithium Americas Price Rate Of Daily Change 0.96 
Lithium Americas Price Action Indicator(0.37)
Lithium Americas Price Daily Balance Of Power(0.38)

Lithium Americas April 16, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Lithium Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Lithium Americas intraday prices and daily technical indicators to check the level of noise trading in Lithium Stock and then apply it to test your longer-term investment strategies against Lithium.

Lithium Stock Price History Data

The price series of Lithium Americas for the period between Wed, Jan 17, 2024 and Tue, Apr 16, 2024 has a statistical range of 3.51 with a coefficient of variation of 19.27. The daily prices for the period are spread out with arithmetic mean of 5.41. The median price for the last 90 days is 5.34. The company underwent 1:5 stock split on 8th of November 2017. Lithium Americas Corp issued dividends to stockholders on 2017-11-08.
OpenHighLowCloseVolume
04/16/2024
 7.06  7.40  6.68  6.81 
04/15/2024 7.06  7.40  6.68  6.81  3,494,659 
04/12/2024 7.34  7.71  7.05  7.08  3,288,220 
04/11/2024 7.19  7.35  7.05  7.34  3,135,483 
04/10/2024 6.86  7.21  6.68  7.19  2,926,730 
04/09/2024 6.70  6.97  6.67  6.96  2,284,557 
04/08/2024 6.81  6.97  6.64  6.68  2,331,552 
04/05/2024 6.70  7.02  6.53  6.82  3,055,096 
04/04/2024 7.22  7.38  6.71  6.72  4,727,908 
04/03/2024 6.87  7.15  6.80  7.09  3,519,294 
04/02/2024 6.83  7.07  6.67  7.05  3,227,665 
04/01/2024 6.80  7.25  6.78  7.02  4,430,973 
03/28/2024 6.74  6.85  6.59  6.72  2,100,566 
03/27/2024 6.62  6.83  6.51  6.74  2,486,160 
03/26/2024 6.93  6.96  6.43  6.62  4,204,519 
03/25/2024 7.07  7.41  6.84  6.86  5,901,846 
03/22/2024 6.45  7.12  6.33  6.93  7,566,041 
03/21/2024 6.17  6.54  5.99  6.41  4,424,276 
03/20/2024 5.61  6.08  5.43  5.99  3,822,141 
03/19/2024 5.65  5.73  5.43  5.56  3,781,884 
03/18/2024 6.56  6.58  5.67  5.73  7,305,961 
03/15/2024 6.48  6.76  6.09  6.47  12,393,354 
03/14/2024 6.83  7.65  5.90  5.99  21,368,406 
03/13/2024 5.59  5.78  5.48  5.73  3,385,932 
03/12/2024 5.84  5.91  5.51  5.63  2,473,156 
03/11/2024 5.45  5.93  5.43  5.83  4,528,255 
03/08/2024 5.40  5.57  5.29  5.32  1,693,447 
03/07/2024 5.50  5.57  5.29  5.34  2,384,503 
03/06/2024 5.04  5.41  5.00  5.36  2,887,408 
03/05/2024 5.16  5.18  4.89  4.96  3,183,117 
03/04/2024 5.68  5.68  5.35  5.43  3,525,832 
03/01/2024 5.71  5.80  5.33  5.65  5,820,658 
02/29/2024 4.90  5.49  4.89  5.48  6,516,921 
02/28/2024 4.63  4.86  4.52  4.76  4,142,815 
02/27/2024 4.44  4.64  4.43  4.61  3,079,600 
02/26/2024 4.33  4.44  4.17  4.41  2,166,915 
02/23/2024 4.28  4.35  4.10  4.30  1,896,057 
02/22/2024 4.35  4.37  4.19  4.21  1,686,909 
02/21/2024 4.32  4.40  4.22  4.33  1,648,029 
02/20/2024 4.59  4.60  4.23  4.30  2,609,349 
02/16/2024 4.55  4.73  4.48  4.60  2,771,228 
02/15/2024 4.57  4.64  4.34  4.55  2,340,297 
02/14/2024 4.25  4.53  4.22  4.52  2,474,832 
02/13/2024 4.41  4.43  4.08  4.17  3,476,425 
02/12/2024 4.22  4.59  4.22  4.53  4,824,138 
02/09/2024 4.14  4.23  4.07  4.23  1,887,766 
02/08/2024 4.07  4.20  3.95  4.12  1,629,443 
02/07/2024 4.11  4.15  4.00  4.07  1,495,283 
02/06/2024 3.84  4.12  3.84  4.09  3,479,666 
02/05/2024 4.09  4.11  3.81  3.83  4,179,454 
02/02/2024 4.26  4.28  4.11  4.21  2,482,534 
02/01/2024 4.41  4.46  4.23  4.35  2,209,835 
01/31/2024 4.51  4.58  4.36  4.36  2,831,075 
01/30/2024 4.74  4.75  4.47  4.52  2,011,589 
01/29/2024 4.64  4.71  4.44  4.71  2,024,170 
01/26/2024 4.62  4.75  4.55  4.61  1,947,610 
01/25/2024 4.76  4.78  4.55  4.62  1,953,166 
01/24/2024 4.71  4.98  4.69  4.73  3,866,272 
01/23/2024 4.75  4.86  4.55  4.55  2,045,920 
01/22/2024 4.41  4.71  4.33  4.61  2,186,891 
01/19/2024 4.83  4.84  4.27  4.54  4,102,480 

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 ReportedProjected for Next Year
Common Stock Shares Outstanding160.4 M168.4 M
Net Loss-84.2 M-80 M

Lithium Americas Quarterly Net Working Capital

181.32 Million

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.
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...

Did you try this?

Run Investing Opportunities Now

   

Investing Opportunities

Build portfolios using our predefined set of ideas and optimize them against your investing preferences
All  Next Launch Module

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.
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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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.
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Investing Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Global Correlations
Find global opportunities by holding instruments from different markets
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Money Managers
Screen money managers from public funds and ETFs managed around the world
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
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.