LIT 📈 Global X Lithium & Battery - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US37954Y8553 • Natural Resources
LIT: Lithium, Batteries, Electric, Vehicles, Energy, Storage
The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs) based on the securities in the underlying index. The underlying index is designed to measure broad-based equity market performance of global companies involved in the lithium industry. The fund is non-diversified. ‣ Company URL: http://www.globalxfunds.com ‣ Domicile: United States
Additional Sources for LIT ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
LIT ETF Overview
| Market Cap in USD | 1,210m |
| Category | Natural Resources |
| TER | 0.75% |
| IPO / Inception | 2010-07-22 |
LIT ETF Ratings
| Growth 5y | 15.4% |
| Fundamental | - |
| Dividend | 33.2% |
| Rel. Strength Industry | -143 |
| Analysts | - |
| Fair Price Momentum | 37.82 USD |
| Fair Price DCF | - |
LIT Dividends
| Dividend Yield 12m | 1.44% |
| Yield on Cost 5y | 2.31% |
| Annual Growth 5y | 2.31% |
| Payout Consistency | 57.9% |
LIT Growth Ratios
| Growth Correlation 3m | 6.6% |
| Growth Correlation 12m | -25.6% |
| Growth Correlation 5y | 2.7% |
| CAGR 5y | 9.84% |
| CAGR/Mean DD 5y | 0.37 |
| Sharpe Ratio 12m | -0.47 |
| Alpha | -46.87 |
| Beta | 1.28 |
| Volatility | 33.99% |
| Current Volume | 356.4k |
| Average Volume 20d | 374.2k |
What is the price of LIT stocks?
As of December 22, 2024, the stock is trading at USD 42.16 with a total of 356,447 shares traded.
Over the past week, the price has changed by -3.66%, over one month by -6.89%, over three months by +14.66% and over the past year by -11.78%.
As of December 22, 2024, the stock is trading at USD 42.16 with a total of 356,447 shares traded.
Over the past week, the price has changed by -3.66%, over one month by -6.89%, over three months by +14.66% and over the past year by -11.78%.
Is Global X Lithium & Battery a good stock to buy?
Neither. Based on ValueRay Analyses, Global X Lithium & Battery is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of 15.43 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of LIT as of December 2024 is 37.82. This means that LIT is currently overvalued and has a potential downside of -10.29%.
Neither. Based on ValueRay Analyses, Global X Lithium & Battery is currently (December 2024) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of 15.43 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of LIT as of December 2024 is 37.82. This means that LIT is currently overvalued and has a potential downside of -10.29%.
Is LIT a buy, sell or hold?
Global X Lithium & Battery has no consensus analysts rating.
Global X Lithium & Battery has no consensus analysts rating.
What are the forecast for LIT stock price target?
According to ValueRays Forecast Model, LIT Global X Lithium & Battery will be worth about 42.4 in December 2025. The stock is currently trading at 42.16. This means that the stock has a potential upside of +0.62%.
According to ValueRays Forecast Model, LIT Global X Lithium & Battery will be worth about 42.4 in December 2025. The stock is currently trading at 42.16. This means that the stock has a potential upside of +0.62%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 42.4 | 0.6% |