Lifezone Metals Limited Stock Market Value
| LZM Stock | 6.97 0.03 0.43% |
| Symbol | Lifezone |
Lifezone Metals Price To Book Ratio
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lifezone Metals. If investors know Lifezone will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lifezone Metals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.30) | Revenue Per Share 0.013 | Quarterly Revenue Growth (0.25) | Return On Assets (1.33) | Return On Equity (3.99) |
The market value of Lifezone Metals is measured differently than its book value, which is the value of Lifezone that is recorded on the company's balance sheet. Investors also form their own opinion of Lifezone Metals' value that differs from its market value or its book value, called intrinsic value, which is Lifezone Metals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lifezone Metals' market value can be influenced by many factors that don't directly affect Lifezone Metals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lifezone Metals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lifezone Metals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lifezone Metals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Lifezone Metals 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Lifezone Metals' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Lifezone Metals.
| 06/07/2024 |
| 12/04/2024 |
If you would invest 0.00 in Lifezone Metals on June 7, 2024 and sell it all today you would earn a total of 0.00 from holding Lifezone Metals Limited or generate 0.0% return on investment in Lifezone Metals over 180 days. Lifezone Metals is related to or competes with American Rare, and Cypress Development. Lifezone Metals is entity of United States More
Lifezone Metals Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Lifezone Metals' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Lifezone Metals Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.82 | |||
| Information Ratio | 0.0402 | |||
| Maximum Drawdown | 11.34 | |||
| Value At Risk | (4.43) | |||
| Potential Upside | 4.71 |
Lifezone Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lifezone Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lifezone Metals' standard deviation. In reality, there are many statistical measures that can use Lifezone Metals historical prices to predict the future Lifezone Metals' volatility.| Risk Adjusted Performance | 0.0689 | |||
| Jensen Alpha | 0.0596 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0399 | |||
| Treynor Ratio | 0.1428 |
Lifezone Metals Backtested Returns
Lifezone Metals appears to be somewhat reliable, given 3 months investment horizon. Lifezone Metals has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Lifezone Metals, which you can use to evaluate the volatility of the firm. Please exercise Lifezone Metals' Downside Deviation of 2.82, mean deviation of 2.16, and Risk Adjusted Performance of 0.0689 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lifezone Metals holds a performance score of 9. The company secures a Beta (Market Risk) of 1.51, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Lifezone Metals will likely underperform. Please check Lifezone Metals' semi variance, and the relationship between the sortino ratio and rate of daily change , to make a quick decision on whether Lifezone Metals' current price movements will revert.
Auto-correlation | -0.45 |
Modest reverse predictability
Lifezone Metals Limited has modest reverse predictability. Overlapping area represents the amount of predictability between Lifezone Metals time series from 7th of June 2024 to 5th of September 2024 and 5th of September 2024 to 4th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Lifezone Metals price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Lifezone Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Lifezone Metals lagged returns against current returns
Autocorrelation, which is Lifezone Metals stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Lifezone Metals' stock expected returns. We can calculate the autocorrelation of Lifezone Metals returns to help us make a trade decision. For example, suppose you find that Lifezone Metals has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Lifezone Metals regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Lifezone Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lifezone Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lifezone Metals stock over time.
Current vs Lagged Prices |
| Timeline |
Lifezone Metals Lagged Returns
When evaluating Lifezone Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lifezone Metals stock have on its future price. Lifezone Metals autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Lifezone Metals autocorrelation shows the relationship between Lifezone Metals stock current value and its past values and can show if there is a momentum factor associated with investing in Lifezone Metals Limited.
Regressed Prices |
| Timeline |
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Lifezone Metals 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.