Lithium Total Revenue vs Research Development Analysis
LAAC Stock | 3.90 0.04 1.02% |
Lithium Americas financial indicator trend analysis is infinitely more than just investigating Lithium Americas Corp recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lithium Americas Corp is a good investment. Please check the relationship between Lithium Americas Total Revenue and its Research Development accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithium Americas Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Total Revenue vs Research Development
Total Revenue vs Research Development Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lithium Americas Corp Total Revenue account and Research Development. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Lithium Americas' Total Revenue and Research Development is -0.2. Overlapping area represents the amount of variation of Total Revenue that can explain the historical movement of Research Development in the same time period over historical financial statements of Lithium Americas Corp, assuming nothing else is changed. The correlation between historical values of Lithium Americas' Total Revenue and Research Development is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Revenue of Lithium Americas Corp are associated (or correlated) with its Research Development. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Research Development has no effect on the direction of Total Revenue i.e., Lithium Americas' Total Revenue and Research Development go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Revenue
Total revenue comprises all receipts Lithium Americas Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Research Development
Most indicators from Lithium Americas' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lithium Americas Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithium Americas Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, Lithium Americas' Selling General Administrative is very stable compared to the past year. As of the 22nd of December 2024, Sales General And Administrative To Revenue is likely to grow to 4.35, while Enterprise Value is likely to drop about 6.6 M.
2018 | 2023 | 2024 (projected) | Total Revenue | 4.8M | 5.6M | 5.0M | Research Development | 578K | 520.2K | 418.8K |
Lithium Americas fundamental ratios Correlations
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Lithium Americas Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lithium Americas fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 293.8M | 326.7M | 817.3M | 1.0B | 1.1B | 1.1B | |
Total Stockholder Equity | 159.6M | 190.7M | 536.3M | 784.0M | 828.9M | 870.4M | |
Property Plant And Equipment Net | 162.8M | 6.3M | 10.0M | 357.7M | 352.3M | 370.0M | |
Retained Earnings | (65.8M) | (140.2M) | (178.7M) | (272.2M) | (661.2M) | (628.1M) | |
Non Current Assets Total | 200.9M | 172.4M | 284.8M | 660.5M | 921.5M | 967.5M | |
Common Stock Shares Outstanding | 91.8M | 91.8M | 118.8M | 133.7M | 153.8M | 161.5M | |
Liabilities And Stockholders Equity | 293.8M | 326.7M | 817.3M | 1.0B | 1.1B | 1.1B | |
Total Current Liabilities | 15.0M | 8.8M | 8.3M | 19.6M | 14.6M | 15.3M | |
Net Debt | 36.6M | (23.3M) | (245.6M) | 13.1M | 80.7M | 84.7M | |
Cash | 83.6M | 148.1M | 510.6M | 194.5M | 122.3M | 84.4M | |
Cash And Short Term Investments | 83.6M | 148.1M | 510.6M | 352.1M | 122.3M | 95.2M | |
Net Receivables | 2.6M | 1.3M | 2.0M | 4.0M | 4.6M | 4.8M | |
Other Stockholder Equity | 28.4M | 27.2M | 28.5M | 30.2M | 17.7M | 33.8M | |
Total Liab | 134.2M | 136.0M | 281.0M | 232.5M | 226.1M | 237.4M | |
Total Current Assets | 92.9M | 154.3M | 532.6M | 356.1M | 133.6M | 100.0M | |
Accumulated Other Comprehensive Income | (114K) | (4.3M) | (3.9M) | (3.5M) | (3.1M) | (3.0M) | |
Non Currrent Assets Other | 38.1M | 34.7M | 105.4M | 229.9M | 328.3M | 344.7M | |
Short Long Term Debt Total | 120.2M | 124.8M | 265.0M | 207.6M | 203.0M | 213.1M | |
Non Current Liabilities Total | 119.2M | 127.3M | 272.8M | 212.9M | 211.5M | 222.1M | |
Short Term Debt | 3.1M | 3.6M | 909K | 3.1M | 2.6M | 1.7M | |
Common Stock | 200.9M | 307.2M | 690.0M | 1.0B | 1.5B | 1.5B |
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
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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lithium Americas Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.