(LIT) Global X Lithium & Battery - Ratings and Ratios
Lithium, Battery, Mining, Chemicals, Technology
Description: LIT Global X Lithium & Battery
The Global X Lithium & Battery Tech ETF (LIT) is a US-based exchange-traded fund (ETF) categorized under Natural Resources, providing investors with exposure to the growing lithium and battery technology sector.
Lithium is a critical component in the production of lithium-ion batteries, which power electric vehicles (EVs), renewable energy systems, and consumer electronics. The demand for lithium is driven by the increasing adoption of EVs, driven by governments efforts to reduce carbon emissions and technological advancements in battery technology.
Key economic drivers for LIT include the global transition to clean energy, growth in EV sales, and advancements in battery technology. Key Performance Indicators (KPIs) to monitor include lithium prices, EV sales growth, and battery technology innovations. The ETFs performance is also influenced by the overall health of the global economy, trade policies, and supply chain disruptions.
LITs underlying holdings comprise companies involved in lithium mining, refining, and battery production, as well as those developing battery technology. The funds Assets Under Management (AUM) total $981.29 million USD, indicating a significant investor interest in the sector.
To evaluate LITs performance, investors should monitor the funds tracking error, expense ratio, and trading volume. The ETFs liquidity, as indicated by its average trading volume of 291,600 shares, is relatively high, making it suitable for investors seeking to enter or exit positions quickly.
LIT ETF Overview
| Market Cap in USD | 1,067m |
| Category | Natural Resources |
| TER | 0.75% |
| IPO / Inception | 2010-07-22 |
LIT ETF Ratings
| Growth Rating | -22.1% |
| Fundamental | - |
| Dividend Rating | 37.7% |
| Return 12m vs S&P 500 | 12.0% |
| Analyst Rating | - |
LIT Dividends
| Dividend Yield 12m | 0.58% |
| Yield on Cost 5y | 0.71% |
| Annual Growth 5y | 8.91% |
| Payout Consistency | 58.3% |
| Payout Ratio | % |
LIT Growth Ratios
| Growth Correlation 3m | 96.6% |
| Growth Correlation 12m | -10.2% |
| Growth Correlation 5y | -66.5% |
| CAGR 5y | -11.07% |
| CAGR/Max DD 3y | -0.20 |
| CAGR/Mean DD 3y | -0.30 |
| Sharpe Ratio 12m | 0.04 |
| Alpha | 0.08 |
| Beta | 0.684 |
| Volatility | 37.21% |
| Current Volume | 139.5k |
| Average Volume 20d | 263.7k |
| Stop Loss | 48.8 (-3.1%) |
| Signal | 1.35 |
What is the price of LIT shares?
Over the past week, the price has changed by +7.15%, over one month by +8.65%, over three months by +33.15% and over the past year by +34.49%.
Is Global X Lithium & Battery a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of LIT is around 47.03 USD . This means that LIT is currently overvalued and has a potential downside of -6.65%.
Is LIT a buy, sell or hold?
What are the forecasts/targets for the LIT price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 52.5 | 4.1% |
Last update: 2025-08-30 04:48
LIT Fundamental Data Overview
CCE Cash And Equivalents = unknown
Revenue TTM is 0, using Net Income TTM 0.0 + Cost of Revenue 0.0 = 0.0 USD
Beta = 1.17
Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 1.07b USD (1.07b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
FCF Yield = none (FCF TTM 0.0 / Enterprise Value 1.07b)
FCF Margin = unknown (Revenue TTM is 0)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 1.07b / Book Value Of Equity 0.0)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default)
NOPAT = 0.0 (EBIT 0.0, no tax applied on loss)
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown Debt (none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = none (Debt none / FCF TTM 0.0)
Total Stockholder Equity = unknown
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity none)
RoCE = unknown (Ebit 0.0 / (Equity none + L.T.Debt none))
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, Ebit 0.0)
WACC = unknown (E(1.07b)/V(0.0) * Re(8.53%)) + (D(none)/V(0.0) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 8.53% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)
Additional Sources for LIT ETF
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle