E3 Lithium Stock Buy Hold or Sell Recommendation
| ETL Stock | 0.99 0.02 1.98% |
Assuming the 90 days horizon and your above-average risk tolerance, our recommendation regarding E3 Lithium is 'Cautious Hold'. A buy or sell recommendation is an automated directive regarding whether to purchase or sell E3 Lithium given historical horizon and risk tolerance. When we issue a 'buy' or 'sell' recommendation for E3 Lithium, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out E3 Lithium Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as ETL and provide practical buy, sell, or hold advice based on investors' constraints. E3 Lithium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
ETL |
Execute E3 Lithium Buy or Sell Advice
The ETL recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on E3 Lithium. Macroaxis does not own or have any residual interests in E3 Lithium or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute E3 Lithium's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
E3 Lithium Trading Alerts and Improvement Suggestions
| E3 Lithium generated a negative expected return over the last 90 days | |
| E3 Lithium has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (9.04 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| E3 Lithium generates negative cash flow from operations | |
| Latest headline from news.google.com: E3 Lithium Files Q3 2024 Financial Statements and MDA Report EEMMF Stock News - StockTitan |
E3 Lithium Returns Distribution Density
The distribution of E3 Lithium's historical returns is an attempt to chart the uncertainty of E3 Lithium's future price movements. The chart of the probability distribution of E3 Lithium daily returns describes the distribution of returns around its average expected value. We use E3 Lithium price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of E3 Lithium returns is essential to provide solid investment advice for E3 Lithium.
| Mean Return | -0.31 | Value At Risk | -4.59 | Potential Upside | 5.13 | Standard Deviation | 2.90 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of E3 Lithium historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
E3 Lithium Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to E3 Lithium or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that E3 Lithium's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a ETL stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.36 | |
β | Beta against Dow Jones | 0.55 | |
σ | Overall volatility | 2.88 | |
Ir | Information ratio | -0.13 |
E3 Lithium Volatility Alert
E3 Lithium exhibits very low volatility with skewness of 0.45 and kurtosis of 0.18. E3 Lithium is a potential penny stock. Although E3 Lithium may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in E3 Lithium. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on ETL instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.E3 Lithium Fundamentals Vs Peers
Comparing E3 Lithium's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze E3 Lithium's direct or indirect competition across all of the common fundamentals between E3 Lithium and the related equities. This way, we can detect undervalued stocks with similar characteristics as E3 Lithium or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of E3 Lithium's fundamental indicators could also be used in its relative valuation, which is a method of valuing E3 Lithium by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare E3 Lithium to competition |
| Fundamentals | E3 Lithium | Peer Average |
| Return On Equity | -0.2 | -0.31 |
| Return On Asset | -0.14 | -0.14 |
| Current Valuation | 53.69 M | 16.62 B |
| Shares Outstanding | 75.27 M | 571.82 M |
| Shares Owned By Insiders | 2.92 % | 10.09 % |
| Shares Owned By Institutions | 0.15 % | 39.21 % |
| Number Of Shares Shorted | 63.21 K | 4.71 M |
| Price To Book | 1.45 X | 9.51 X |
| EBITDA | (10.48 M) | 3.9 B |
| Net Income | (9.04 M) | 570.98 M |
| Total Debt | 4.83 M | 5.32 B |
| Book Value Per Share | 0.76 X | 1.93 K |
| Cash Flow From Operations | (5.86 M) | 971.22 M |
| Short Ratio | 0.89 X | 4.00 X |
| Earnings Per Share | (0.13) X | 3.12 X |
| Target Price | 3.63 | |
| Beta | 0.66 | -0.15 |
| Market Capitalization | 76.02 M | 19.03 B |
| Total Asset | 61.99 M | 29.47 B |
| Retained Earnings | (42.79 M) | 9.33 B |
| Working Capital | 32.05 M | 1.48 B |
| Net Asset | 61.99 M |
E3 Lithium Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as ETL . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 3066.77 | |||
| Daily Balance Of Power | (0.50) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 0.99 | |||
| Day Typical Price | 0.99 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.02) |
About E3 Lithium Buy or Sell Advice
When is the right time to buy or sell E3 Lithium? Buying financial instruments such as ETL Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having E3 Lithium in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Candy and Soda Thematic Idea Now
Candy and Soda
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Candy and Soda theme has 13 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Candy and Soda Theme or any other thematic opportunities.
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Additional Tools for ETL Stock Analysis
When running E3 Lithium's price analysis, check to measure E3 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 E3 Lithium is operating at the current time. Most of E3 Lithium's value examination focuses on studying past and present price action to predict the probability of E3 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 E3 Lithium's price. Additionally, you may evaluate how the addition of E3 Lithium to your portfolios can decrease your overall portfolio volatility.