Lithium Americas Stock Forecast - Price Action Indicator
| LAC Stock | CAD 4.54 0.02 0.44% |
Lithium Stock Forecast is based on your current time horizon. Although Lithium Americas' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Lithium Americas' systematic risk associated with finding meaningful patterns of Lithium Americas fundamentals over time.
Lithium |
| Previous Price Action Indicator | Price Action Indicator | Trend |
| 0.02 | 0.005 |
| Check Lithium Americas Volatility | Backtest Lithium Americas | Trend Details |
Lithium Americas Trading Date Momentum
| On December 11 2024 Lithium Americas Corp was traded for 4.77 at the closing time. The maximum traded price for the trading interval was 5.13 and the lowest daily price was 4.76 . The daily volume was recorded at 788.4 K. The volume of trading on 11th of December 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 5.92% . The trading delta at closing time to the closing price today is 9.07% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Lithium Americas to competition |
Other Forecasting Options for Lithium Americas
For every potential investor in Lithium, whether a beginner or expert, Lithium Americas' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Lithium Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Lithium. Basic forecasting techniques help filter out the noise by identifying Lithium Americas' price trends.Lithium Americas Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Lithium Americas stock to make a market-neutral strategy. Peer analysis of Lithium Americas could also be used in its relative valuation, which is a method of valuing Lithium Americas by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Lithium Americas Corp Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Lithium Americas' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Lithium Americas' current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Volume Indicators |
Lithium Americas Market Strength Events
Market strength indicators help investors to evaluate how Lithium Americas stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lithium Americas shares will generate the highest return on investment. By undertsting and applying Lithium Americas stock market strength indicators, traders can identify Lithium Americas Corp entry and exit signals to maximize returns.
Lithium Americas Risk Indicators
The analysis of Lithium Americas' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Lithium Americas' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting lithium stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 4.31 | |||
| Semi Deviation | 3.64 | |||
| Standard Deviation | 5.68 | |||
| Variance | 32.31 | |||
| Downside Variance | 15.55 | |||
| Semi Variance | 13.27 | |||
| Expected Short fall | (5.94) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Lithium Americas
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lithium Americas position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lithium Americas will appreciate offsetting losses from the drop in the long position's value.Moving together with Lithium Stock
Moving against Lithium Stock
| 0.78 | KDA | KDA Group | PairCorr |
| 0.62 | TKU | Tarku Resources | PairCorr |
| 0.6 | ENB-PH | Enbridge H Cum | PairCorr |
| 0.44 | INFM | Infinico Metals Corp | PairCorr |
| 0.38 | ORE | Orezone Gold Corp | PairCorr |
The ability to find closely correlated positions to Lithium Americas could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lithium Americas when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lithium Americas - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lithium Americas Corp to buy it.
The correlation of Lithium Americas is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lithium Americas moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lithium Americas Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lithium Americas can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of Lithium Americas to cross-verify your projections. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.