Lithiumbank Resources Corp Stock Price on January 5, 2024
| LBNK Stock | 0.27 0.01 3.85% |
If you're considering investing in LithiumBank Stock, it is important to understand the factors that can impact its price. As of today, the current price of LithiumBank Resources stands at 0.27, as last reported on the 22nd of December, with the highest price reaching 0.27 and the lowest price hitting 0.27 during the day. LithiumBank Resources has Sharpe Ratio of -0.17, which conveys that the firm had a -0.17% return per unit of risk over the last 3 months. LithiumBank Resources exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify LithiumBank Resources' Risk Adjusted Performance of (0.09), mean deviation of 3.33, and Standard Deviation of 4.7 to check out the risk estimate we provide.
Total Stockholder Equity is likely to climb to about 6.4 M in 2024, whereas Common Stock Shares Outstanding is likely to drop slightly above 42.8 M in 2024. . Price Earnings Ratio is likely to drop to -5.31 in 2024. Price Book Value Ratio is likely to drop to 6.77 in 2024. LithiumBank Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
LithiumBank |
Sharpe Ratio = -0.175
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Estimated Market Risk
| 4.47 actual daily | 39 61% of assets are more volatile |
Expected Return
| -0.78 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.17 actual daily | 0 Most of other assets perform better |
Based on monthly moving average LithiumBank Resources 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 LithiumBank Resources by adding LithiumBank Resources to a well-diversified portfolio.
Price Book 0.8759 | Enterprise Value 5 M | Enterprise Value Ebitda (4.21) | Shares Outstanding 49.9 M | Market Capitalization 14 M |
LithiumBank Resources Valuation on January 5, 2024
It is possible to determine the worth of LithiumBank Resources on a given historical date. On January 5, 2024 LithiumBank was worth 1.21 at the beginning of the trading date compared to the closed value of 1.23. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of LithiumBank Resources stock. Still, in general, we apply an absolute valuation method to find LithiumBank Resources' 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 LithiumBank Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against LithiumBank Resources' related companies.
| Open | High | Low | Close | Volume | |
| 1.20 | 1.24 | 1.20 | 1.22 | 82,350 | |
01/05/2024 | 1.21 | 1.25 | 1.21 | 1.23 | 31,753 |
| 1.23 | 1.26 | 1.20 | 1.24 | 43,138 |
| Backtest LithiumBank Resources | | | LithiumBank Resources History | | | LithiumBank Resources Valuation | Previous | Next |
LithiumBank Resources Trading Date Momentum on January 5, 2024
| On January 08 2024 LithiumBank Resources Corp was traded for 1.24 at the closing time. The maximum traded price for the trading interval was 1.26 and the lowest daily price was 1.20 . The daily volume was recorded at 43.1 K. The volume of trading on 8th of January 2024 played a part in the next trading day price increase. The trading delta at closing time to the next closing price was 0.81% . The trading delta at closing time to the closing price today is 4.88% . |
LithiumBank Resources Fundamentals Correlations and Trends
By evaluating LithiumBank Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among LithiumBank Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. LithiumBank financial account trend analysis is a perfect complement when working with valuation or volatility modules.About LithiumBank Resources Stock history
LithiumBank Resources 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 LithiumBank is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in LithiumBank Resources 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 LithiumBank Resources stock prices may prove useful in developing a viable investing in LithiumBank Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 48.7 M | 42.8 M |
LithiumBank Resources Quarterly Net Working Capital |
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LithiumBank Resources Stock Technical Analysis
LithiumBank Resources 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
LithiumBank Resources Period Price Range
Low | December 22, 2024
| High |
0.00 | 0.00 |
LithiumBank Resources Corp cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture 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.
LithiumBank Resources December 22, 2024 Market Strength
Market strength indicators help investors to evaluate how LithiumBank Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading LithiumBank Resources shares will generate the highest return on investment. By undertsting and applying LithiumBank Resources stock market strength indicators, traders can identify LithiumBank Resources Corp entry and exit signals to maximize returns
LithiumBank Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for LithiumBank Resources' price direction in advance. Along with the technical and fundamental analysis of LithiumBank Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of LithiumBank 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 | (0.09) | |||
| Jensen Alpha | (0.56) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | 1.63 |
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Additional Tools for LithiumBank Stock Analysis
When running LithiumBank Resources' price analysis, check to measure LithiumBank Resources' 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 LithiumBank Resources is operating at the current time. Most of LithiumBank Resources' value examination focuses on studying past and present price action to predict the probability of LithiumBank Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LithiumBank Resources' price. Additionally, you may evaluate how the addition of LithiumBank Resources to your portfolios can decrease your overall portfolio volatility.