CleanTech Lithium (UK) Price on May 29, 2024
| CTL Stock | 18.75 0.75 3.85% |
If you're considering investing in CleanTech Stock, it is important to understand the factors that can impact its price. As of today, the current price of CleanTech Lithium stands at 18.75, as last reported on the 2nd of December, with the highest price reaching 19.88 and the lowest price hitting 18.16 during the day. CleanTech Lithium plc secures Sharpe Ratio (or Efficiency) of -0.2, which signifies that the company had a -0.2% return per unit of standard deviation over the last 3 months. CleanTech Lithium plc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CleanTech Lithium's mean deviation of 2.95, and Risk Adjusted Performance of (0.13) to double-check the risk estimate we provide.
At present, CleanTech Lithium's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 27.6 M, whereas Capital Stock is forecasted to decline to about 14.4 M. . CleanTech Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CleanTech |
Sharpe Ratio = -0.1954
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| Negative Returns | CTL |
Estimated Market Risk
| 4.4 actual daily | 39 61% of assets are more volatile |
Expected Return
| -0.86 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.2 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CleanTech Lithium is not performing at its full potential. However, 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 CleanTech Lithium by adding CleanTech Lithium to a well-diversified portfolio.
Price Book 0.9408 | Book Value 0.115 | Enterprise Value 17.8 M | Enterprise Value Ebitda (20.52) | Shares Float 137.8 M |
CleanTech Lithium Valuation on May 29, 2024
It is possible to determine the worth of CleanTech Lithium on a given historical date. On May 29, 2024 CleanTech was worth 46.5 at the beginning of the trading date compared to the closed value of 42.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CleanTech Lithium stock. Still, in general, we apply an absolute valuation method to find CleanTech Lithium's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of CleanTech Lithium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CleanTech Lithium's related companies.
| Open | High | Low | Close | Volume | |
| 47.00 | 48.00 | 46.00 | 46.00 | 446,198 | |
05/29/2024 | 46.50 | 47.00 | 42.00 | 42.80 | 670,273 |
| 43.00 | 44.00 | 42.00 | 42.50 | 282,969 |
| Backtest CleanTech Lithium | | | CleanTech Lithium History | | | CleanTech Lithium Valuation | Previous | Next |
CleanTech Lithium Trading Date Momentum on May 29, 2024
| On May 30 2024 CleanTech Lithium plc was traded for 42.50 at the closing time. The highest price during the trading period was 44.00 and the lowest recorded bid was listed for 42.00 . The volume for the day was 283 K. This history from May 30, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 0.70% . The overall trading delta to the current price is 14.72% . |
CleanTech Lithium plc Fundamentals Correlations and Trends
By evaluating CleanTech Lithium's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among CleanTech Lithium's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CleanTech financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CleanTech Lithium Stock history
CleanTech Lithium investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for CleanTech is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CleanTech Lithium plc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing CleanTech Lithium stock prices may prove useful in developing a viable investing in CleanTech Lithium
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 109.7 M | 102.6 M | |
| Net Loss | -166 K | -174.3 K |
CleanTech Lithium Quarterly Net Working Capital |
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CleanTech Lithium Stock Technical Analysis
CleanTech Lithium technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
CleanTech Lithium Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
CleanTech Lithium plc cannot be verified against its exchange. Please verify the symbol is currently traded on London Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
CleanTech Lithium December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how CleanTech 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 CleanTech Lithium shares will generate the highest return on investment. By undertsting and applying CleanTech Lithium stock market strength indicators, traders can identify CleanTech Lithium plc entry and exit signals to maximize returns
CleanTech Lithium Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CleanTech Lithium's price direction in advance. Along with the technical and fundamental analysis of CleanTech Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CleanTech to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.94) | |||
| Total Risk Alpha | (1.54) | |||
| Treynor Ratio | (0.79) |
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Complementary Tools for CleanTech Stock analysis
When running CleanTech Lithium's price analysis, check to measure CleanTech 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 CleanTech Lithium is operating at the current time. Most of CleanTech Lithium's value examination focuses on studying past and present price action to predict the probability of CleanTech 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 CleanTech Lithium's price. Additionally, you may evaluate how the addition of CleanTech Lithium to your portfolios can decrease your overall portfolio volatility.
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