American Lithium Corp Stock Price on May 14, 2024

LI Stock  CAD 0.57  0.01  1.72%   
Below is the normalized historical share price chart for American Lithium Corp extending back to August 08, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of American Lithium stands at 0.57, as last reported on the 30th of December, with the highest price reaching 0.61 and the lowest price hitting 0.55 during the day.
200 Day MA
0.8075
50 Day MA
0.904
Beta
2.259
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in American Stock, it is important to understand the factors that can impact its price. American Lithium Corp secures Sharpe Ratio (or Efficiency) of -0.0224, which signifies that the company had a -0.0224% return per unit of standard deviation over the last 3 months. American Lithium Corp exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm American Lithium's mean deviation of 5.88, and Risk Adjusted Performance of 0.0447 to double-check the risk estimate we provide.
  
At this time, American Lithium's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to climb to about 225.4 M in 2024, whereas Capital Stock is likely to drop slightly above 168.8 M in 2024. . Price To Sales Ratio is likely to drop to 968.23 in 2024. Price Earnings Ratio is likely to drop to -5.48 in 2024. American Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0224

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Estimated Market Risk

 7.42
  actual daily
66
66% of assets are less volatile

Expected Return

 -0.17
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average American 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 American Lithium by adding American Lithium to a well-diversified portfolio.
Price Book
0.7751
Book Value
0.735
Enterprise Value
120.7 M
Enterprise Value Ebitda
(23.79)
Shares Float
210.6 M

American Lithium Valuation on May 14, 2024

It is possible to determine the worth of American Lithium on a given historical date. On May 14, 2024 American was worth 0.89 at the beginning of the trading date compared to the closed value of 0.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of American Lithium stock. Still, in general, we apply an absolute valuation method to find American 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 American Lithium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against American Lithium's related companies.
 Open High Low Close Volume
  0.93    0.96    0.91    0.91    164,300  
05/14/2024
  0.89    0.95    0.89    0.93    114,300  
  0.93    0.93    0.90    0.93    108,700  
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Open Value
0.89
0.93
Closing Value
23.15
Upside

American Lithium Trading Date Momentum on May 14, 2024

On May 15 2024 American Lithium Corp was traded for  0.93  at the closing time. The top price for the day was 0.93  and the lowest listed price was  0.90 . The trading volume for the day was 108.7 K. The trading history from May 15, 2024 did not affect price variability. The overall trading delta against the current closing price is 6.45% .

American Lithium Corp Fundamentals Correlations and Trends

By evaluating American 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 American Lithium's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. American financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About American Lithium Stock history

American 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 American is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in American Lithium Corp 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 American Lithium stock prices may prove useful in developing a viable investing in American Lithium
Last ReportedProjected for Next Year
Common Stock Shares Outstanding214.6 M225.4 M
Net Loss-12.5 M-13.1 M

American Lithium Quarterly Net Working Capital

7.31 Million

American Lithium Stock Technical Analysis

American 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.
A focus of American Lithium technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of American Lithium trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

American Lithium Period Price Range

Low
December 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

American Lithium 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.

American Lithium December 30, 2024 Market Strength

Market strength indicators help investors to evaluate how American 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 American Lithium shares will generate the highest return on investment. By undertsting and applying American Lithium stock market strength indicators, traders can identify American Lithium Corp entry and exit signals to maximize returns

American Lithium Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for American Lithium's price direction in advance. Along with the technical and fundamental analysis of American Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of American 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.

Additional Tools for American Stock Analysis

When running American Lithium's price analysis, check to measure American 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 American Lithium is operating at the current time. Most of American Lithium's value examination focuses on studying past and present price action to predict the probability of American 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 American Lithium's price. Additionally, you may evaluate how the addition of American Lithium to your portfolios can decrease your overall portfolio volatility.