E3 Lithium Stock Alpha and Beta Analysis

ETL Stock   0.99  0.02  1.98%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as E3 Lithium. It also helps investors analyze the systematic and unsystematic risks associated with investing in E3 Lithium over a specified time horizon. Remember, high E3 Lithium's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to E3 Lithium's market risk premium analysis include:
Beta
0.55
Alpha
(0.36)
Risk
2.84
Sharpe Ratio
(0.09)
Expected Return
(0.27)
Please note that although E3 Lithium alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, E3 Lithium did 0.36  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of E3 Lithium stock's relative risk over its benchmark. E3 Lithium has a beta of 0.55  . As returns on the market increase, E3 Lithium's returns are expected to increase less than the market. However, during the bear market, the loss of holding E3 Lithium is expected to be smaller as well. Enterprise Value is likely to climb to about 127.4 M in 2024, whereas Book Value Per Share is likely to drop 0.80 in 2024.

Enterprise Value

127.43 Million

Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out E3 Lithium Backtesting, E3 Lithium Valuation, E3 Lithium Correlation, E3 Lithium Hype Analysis, E3 Lithium Volatility, E3 Lithium History and analyze E3 Lithium Performance.

E3 Lithium Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. E3 Lithium market risk premium is the additional return an investor will receive from holding E3 Lithium long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in E3 Lithium. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate E3 Lithium's performance over market.
α-0.36   β0.55

E3 Lithium expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of E3 Lithium's Buy-and-hold return. Our buy-and-hold chart shows how E3 Lithium performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

E3 Lithium Market Price Analysis

Market price analysis indicators help investors to evaluate how E3 Lithium stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading E3 Lithium shares will generate the highest return on investment. By understating and applying E3 Lithium stock market price indicators, traders can identify E3 Lithium position entry and exit signals to maximize returns.

E3 Lithium Return and Market Media

The median price of E3 Lithium for the period between Wed, Sep 18, 2024 and Tue, Dec 17, 2024 is 1.16 with a coefficient of variation of 7.95. The daily time series for the period is distributed with a sample standard deviation of 0.09, arithmetic mean of 1.12, and mean deviation of 0.08. The Stock received some media coverage during the period.
 Price Growth (%)  
       Timeline  
1
Is lithium a good investment A deep analysis 2024-09-23 Investing News - Stockhouse Publishing
09/23/2024
2
The nine best Canadian lithium-ion battery stocks 2024-10-24 Investing News - Stockhouse Publishing
10/24/2024
3
E3 Lithium Files Q3 2024 Financial Statements and MDA Report EEMMF Stock News - StockTitan
11/25/2024

About E3 Lithium Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including ETL or other stocks. Alpha measures the amount that position in E3 Lithium has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2023 2024 (projected)
Payables Turnover0.04230.0571
Days Of Inventory On Hand2.1K2.0K
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards E3 Lithium in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, E3 Lithium's short interest history, or implied volatility extrapolated from E3 Lithium options trading.

Build Portfolio with E3 Lithium

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

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.