American Lithium Corp Stock Probability of Future Stock Price Finishing Under 0.68
| AMLI Stock | 0.63 0.05 8.62% |
American |
American Lithium Target Price Odds to finish below 0.68
The tendency of American Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under 0.68 after 90 days |
| 0.63 | 90 days | 0.68 | about 59.78 |
Based on a normal probability distribution, the odds of American Lithium to stay under 0.68 after 90 days from now is about 59.78 (This American Lithium Corp probability density function shows the probability of American Stock to fall within a particular range of prices over 90 days) . Probability of American Lithium Corp price to stay between its current price of 0.63 and 0.68 at the end of the 90-day period is about 12.36 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.74 . This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, American Lithium will likely underperform. Additionally American Lithium Corp has an alpha of 0.9952, implying that it can generate a 1.0 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). American Lithium Price Density |
| Price |
Predictive Modules for American Lithium
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as American Lithium Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.American Lithium Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. American Lithium is not an exception. The market had few large corrections towards the American Lithium's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold American Lithium Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of American Lithium within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.00 | |
β | Beta against Dow Jones | 1.74 | |
σ | Overall volatility | 0.16 | |
Ir | Information ratio | 0.12 |
American Lithium Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of American Lithium for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for American Lithium Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| American Lithium is way too risky over 90 days horizon | |
| American Lithium has some characteristics of a very speculative penny stock | |
| American Lithium appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (39.9 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| American Lithium generates negative cash flow from operations | |
| Latest headline from gurufocus.com: American Lithium Announces Intention to Voluntarily Delist Its Common Shares From Nasdaq ... |
American Lithium Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of American Stock often depends not only on the future outlook of the current and potential American Lithium's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. American Lithium's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 214.6 M | |
| Cash And Short Term Investments | 16.3 M |
American Lithium Technical Analysis
American Lithium's future price can be derived by breaking down and analyzing its technical indicators over time. American Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of American Lithium Corp. In general, you should focus on analyzing American Stock price patterns and their correlations with different microeconomic environments and drivers.
American Lithium Predictive Forecast Models
American Lithium's time-series forecasting models is one of many American Lithium's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary American Lithium's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about American Lithium Corp
Checking the ongoing alerts about American Lithium for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for American Lithium Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| American Lithium is way too risky over 90 days horizon | |
| American Lithium has some characteristics of a very speculative penny stock | |
| American Lithium appears to be risky and price may revert if volatility continues | |
| Net Loss for the year was (39.9 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| American Lithium generates negative cash flow from operations | |
| Latest headline from gurufocus.com: American Lithium Announces Intention to Voluntarily Delist Its Common Shares From Nasdaq ... |
Check out American Lithium Backtesting, American Lithium Valuation, American Lithium Correlation, American Lithium Hype Analysis, American Lithium Volatility, American Lithium History as well as American Lithium Performance. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Is Diversified Metals & Mining space 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 American Lithium. If investors know American 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 American Lithium listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.11) | Return On Assets (0.1) | Return On Equity (0.18) |
The market value of American Lithium Corp is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Lithium's value that differs from its market value or its book value, called intrinsic value, which is American Lithium's 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 American Lithium's market value can be influenced by many factors that don't directly affect American Lithium's 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 American Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Lithium's 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.