Atlas Salt Stock Price on November 9, 2023
| SALT Stock | 0.61 0.01 1.61% |
If you're considering investing in Atlas Stock, it is important to understand the factors that can impact its price. As of today, the current price of Atlas Salt stands at 0.61, as last reported on the 29th of November, with the highest price reaching 0.61 and the lowest price hitting 0.61 during the day. Atlas Salt secures Sharpe Ratio (or Efficiency) of -0.0682, which signifies that the company had a -0.0682% return per unit of risk over the last 3 months. Atlas Salt exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Atlas Salt's Standard Deviation of 2.08, mean deviation of 1.6, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide.
At this time, Atlas Salt's Total Stockholder Equity is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 303.1 K in 2024, whereas Stock Based Compensation is likely to drop slightly above 971.2 K in 2024. . Price Earnings To Growth Ratio is likely to climb to 0.02 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (13.44). Atlas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Atlas |
Sharpe Ratio = -0.0682
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| Negative Returns | SALT |
Estimated Market Risk
| 1.94 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Atlas Salt is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Atlas Salt by adding Atlas Salt to a well-diversified portfolio.
Price Book 2.7893 | Enterprise Value Ebitda (49.25) | Price Sales 255.607 | Shares Float 56.8 M | Earnings Share (0.04) |
Atlas Salt Valuation on November 9, 2023
It is possible to determine the worth of Atlas Salt on a given historical date. On November 9, 2023 Atlas was worth 0.86 at the beginning of the trading date compared to the closed value of 0.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Atlas Salt stock. Still, in general, we apply an absolute valuation method to find Atlas Salt's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Atlas Salt where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Atlas Salt's related companies.
| Open | High | Low | Close | Volume | |
| 0.77 | 0.86 | 0.77 | 0.86 | 209,400 | |
11/09/2023 | 0.86 | 0.86 | 0.82 | 0.82 | 66,900 |
| 0.85 | 0.85 | 0.83 | 0.85 | 42,000 |
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Atlas Salt Trading Date Momentum on November 9, 2023
| On November 10 2023 Atlas Salt was traded for 0.85 at the closing time. The maximum traded price for the trading interval was 0.85 and the lowest daily price was 0.83 . The daily volume was recorded at 42 K. The volume of trading on 10th of November 2023 played a part in the next trading day price increase. The trading price change to the next closing price was 3.66% . The overall trading delta to the closing price today is 6.10% . |
Atlas Salt Fundamentals Correlations and Trends
By evaluating Atlas Salt's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Atlas Salt's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Atlas financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Atlas Salt Stock history
Atlas Salt investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Atlas is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Atlas Salt will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Atlas Salt stock prices may prove useful in developing a viable investing in Atlas Salt
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 94.8 M | 71.6 M | |
| Net Loss | -2.2 M | -2.1 M |
Atlas Salt Quarterly Net Working Capital |
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Atlas Salt Stock Technical Analysis
Atlas Salt 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.
Price Boundaries
Atlas Salt Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Atlas Salt cannot be verified against its exchange. Please verify the symbol is currently traded on TSX Venture Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Atlas Salt November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Atlas Salt stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Atlas Salt shares will generate the highest return on investment. By undertsting and applying Atlas Salt stock market strength indicators, traders can identify Atlas Salt entry and exit signals to maximize returns
Atlas Salt Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Atlas Salt's price direction in advance. Along with the technical and fundamental analysis of Atlas Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Atlas to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.55) | |||
| Treynor Ratio | (0.41) |
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Additional Tools for Atlas Stock Analysis
When running Atlas Salt's price analysis, check to measure Atlas Salt's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Atlas Salt is operating at the current time. Most of Atlas Salt's value examination focuses on studying past and present price action to predict the probability of Atlas Salt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlas Salt's price. Additionally, you may evaluate how the addition of Atlas Salt to your portfolios can decrease your overall portfolio volatility.