Imagine Lithium Stock Performance
| ILI Stock | CAD 0.04 0.01 12.50% |
On a scale of 0 to 100, Imagine Lithium holds a performance score of 3. The company retains a Market Volatility (i.e., Beta) of -0.0417, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Imagine Lithium are expected to decrease at a much lower rate. During the bear market, Imagine Lithium is likely to outperform the market. Please check Imagine Lithium's coefficient of variation, potential upside, day median price, as well as the relationship between the sortino ratio and skewness , to make a quick decision on whether Imagine Lithium's current trending patterns will revert.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Imagine Lithium are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of fairly abnormal basic indicators, Imagine Lithium showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Last Split Factor 1:4 | Dividend Date 2017-11-21 | Last Split Date 2017-11-21 |
1 | OTCQBARXRF Forum Post howestreetbull-35903870 Lithium Prices Rally To Three-Month High Imagine Lithium Inc. - Stockhouse Publishing | 02/28/2024 |
2 | Spod Lithium Receives 200000 Grant From Ontario Junior Exploration Program to Advance North Nipigon-Niemi Project - Markets Insider | 03/20/2024 |
3 | Imagine Lithiums Latest Drill Results Indicate Expansion Opportunity for Jackpot Lithium Project - MiningFeeds.com | 04/03/2024 |
| Begin Period Cash Flow | 4.7 M |
Imagine |
Imagine Lithium Relative Risk vs. Return Landscape
If you would invest 4.00 in Imagine Lithium on January 25, 2024 and sell it today you would lose (0.50) from holding Imagine Lithium or give up 12.5% of portfolio value over 90 days. Imagine Lithium is currently producing 0.4704% returns and takes up 12.0267% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Imagine, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Imagine Lithium Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Imagine Lithium's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Imagine Lithium, and traders can use it to determine the average amount a Imagine Lithium's 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 = 0.0391
| Best Portfolio | Best Equity | |||
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| Small Returns | ILI | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 12.03 actual daily | 96 96% of assets are less volatile |
Expected Return
| 0.47 actual daily | 9 91% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Imagine Lithium 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 Imagine Lithium by adding it to a well-diversified portfolio.
Imagine Lithium Fundamentals Growth
Imagine Stock prices reflect investors' perceptions of the future prospects and financial health of Imagine Lithium, and Imagine Lithium 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 Imagine Stock performance.
| Return On Equity | -0.0229 | ||||
| Return On Asset | -0.0313 | ||||
| Current Valuation | 4.82 M | ||||
| Shares Outstanding | 277.13 M | ||||
| Price To Book | 0.55 X | ||||
| EBITDA | 1.28 M | ||||
| Net Income | (3.3 M) | ||||
| Cash And Equivalents | 103.04 K | ||||
| Debt To Equity | 2.50 % | ||||
| Current Ratio | 4.20 X | ||||
| Book Value Per Share | 0.06 X | ||||
| Cash Flow From Operations | (577.84 K) | ||||
| Earnings Per Share | (0.01) X | ||||
| Market Capitalization | 9.7 M | ||||
| Total Asset | 10.98 M | ||||
| Retained Earnings | (25.66 M) | ||||
| Working Capital | 1.42 M | ||||
About Imagine Lithium Performance
To evaluate Imagine Lithium 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 Imagine Lithium 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 Imagine 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 Imagine Lithium market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Imagine'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 | 0.00 | 0.00 | |
| Return On Tangible Assets | (0.27) | (0.28) | |
| Return On Capital Employed | 0.12 | 0.11 | |
| Return On Assets | (0.27) | (0.28) | |
| Return On Equity | (0.28) | (0.29) |
Things to note about Imagine Lithium performance evaluation
Checking the ongoing alerts about Imagine Lithium for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Imagine Lithium help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Imagine Lithium had very high historical volatility over the last 90 days | |
| Imagine Lithium has some characteristics of a very speculative penny stock | |
| Imagine Lithium has a very high chance of going through financial distress in the upcoming years | |
| Net Loss for the year was (3.3 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Imagine Lithium has accumulated about 103.04 K in cash with (577.84 K) of positive cash flow from operations. | |
| Latest headline from news.google.com: Imagine Lithiums Latest Drill Results Indicate Expansion Opportunity for Jackpot Lithium Project - MiningFeeds.com |
- Analyzing Imagine Lithium's 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 Imagine Lithium's stock is overvalued or undervalued compared to its peers.
- Examining Imagine Lithium's 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 Imagine Lithium's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Imagine Lithium's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Imagine Lithium's stock. These opinions can provide insight into Imagine Lithium's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Imagine Lithium. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for Imagine Stock analysis
When running Imagine Lithium's price analysis, check to measure Imagine Lithium's 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 Imagine Lithium is operating at the current time. Most of Imagine Lithium's value examination focuses on studying past and present price action to predict the probability of Imagine Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Imagine Lithium's price. Additionally, you may evaluate how the addition of Imagine Lithium to your portfolios can decrease your overall portfolio volatility.
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