Foremost Competitors
| FMST Stock | 2.30 0.14 5.74% |
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Foremost Lithium competition on your existing holdings.
Foremost |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Foremost Lithium's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Foremost Lithium Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Foremost Lithium and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Foremost and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Foremost Lithium Resource does not affect the price movement of the other competitor.
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High positive correlations
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Risk-Adjusted Indicators
There is a big difference between Foremost Stock performing well and Foremost Lithium Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Foremost Lithium's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| VHI | 2.54 | 0.52 | 0.22 | 0.32 | 2.22 | 6.99 | 12.13 | |||
| HUN | 1.04 | (0.06) | 0.00 | (0.01) | 0.00 | 2.29 | 7.79 | |||
| LXU | 1.87 | 0.46 | 0.20 | 4.41 | 1.80 | 4.75 | 22.06 | |||
| GPRE | 1.89 | (0.36) | 0.00 | (0.33) | 0.00 | 3.55 | 11.18 | |||
| CE | 1.20 | (0.02) | 0.00 | 0.02 | 1.61 | 2.04 | 8.06 |
Cross Equities Net Income Analysis
Compare Foremost Lithium Resource and related stocks such as Valhi Inc, Huntsman, and Lsb Industries Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| VHI | 18.2 M | 217.5 M | 159.8 M | (98 M) | 53.8 M | (133.6 M) | (15.9 M) | 207.5 M | 262.2 M | 78.2 M | 84.7 M | 197.7 M | 136.1 M | (12.1 M) | (11.5 M) |
| HUN | (138.6 M) | 247 M | 363 M | 128 M | 323 M | 93 M | 326 M | 636 M | 337 M | 429 M | 291 M | 1 B | 460 M | 101 M | 183.4 M |
| LXU | (16.6 M) | 83.8 M | 58.6 M | 55 M | 19.6 M | (34.8 M) | 112.2 M | (29.2 M) | (72.2 M) | (63.4 M) | (61.9 M) | 43.5 M | 230.3 M | 27.9 M | 29.3 M |
| GPRE | (397.8 K) | 38.4 M | 11.8 M | 43.4 M | 159.5 M | 7.1 M | 10.7 M | 61.1 M | 15.9 M | (151.6 M) | (110.7 M) | (44.8 M) | (103.4 M) | (93.4 M) | (88.7 M) |
| CE | (365 M) | 607 M | 605 M | 1.1 B | 624 M | 304 M | 900 M | 843 M | 1.2 B | 852 M | 2 B | 1.9 B | 1.9 B | 2 B | 2.1 B |
Foremost Lithium Resource and related stocks such as Valhi Inc, Huntsman, and Lsb Industries Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Foremost Lithium Resource financial statement analysis. It represents the amount of money remaining after all of Foremost Lithium Resource operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Foremost Lithium Competitive Analysis
The better you understand Foremost Lithium competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Foremost Lithium's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Foremost Lithium's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Foremost Lithium Competition Performance Charts
Five steps to successful analysis of Foremost Lithium Competition
Foremost Lithium's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Foremost Lithium Resource in relation to its competition. Foremost Lithium's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Foremost Lithium in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Foremost Lithium's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Foremost Lithium Resource, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Complement your Foremost Lithium position
In addition to having Foremost Lithium in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Chemicals
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Chemicals theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Chemicals Theme or any other thematic opportunities.
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Check out Foremost Lithium Correlation with its peers. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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Is Foremost Lithium's industry 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 Foremost Lithium. If investors know Foremost 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 Foremost Lithium listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.07 | Return On Assets (0.14) | Return On Equity (0.22) |
The market value of Foremost Lithium Resource is measured differently than its book value, which is the value of Foremost that is recorded on the company's balance sheet. Investors also form their own opinion of Foremost Lithium's value that differs from its market value or its book value, called intrinsic value, which is Foremost Lithium's 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 Foremost Lithium's market value can be influenced by many factors that don't directly affect Foremost Lithium's 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 Foremost Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Foremost Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Foremost Lithium's 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.