Atlas Lithium Stock Performance
| ATLX Stock | USD 7.21 0.72 9.08% |
The firm shows a Beta (market volatility) of -0.3, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Atlas Lithium are expected to decrease at a much lower rate. During the bear market, Atlas Lithium is likely to outperform the market. At this point, Atlas Lithium has a negative expected return of -0.38%. Please make sure to confirm Atlas Lithium's standard deviation, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if Atlas Lithium performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Atlas Lithium has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's essential indicators remain fairly strong which may send shares a bit higher in December 2024. The current disturbance may also be a sign of long term up-swing for the company investors. ...more
Actual Historical Performance (%)
One Day Return (1.51) | Five Day Return (9.31) | Year To Date Return (78.19) | Ten Year Return (18.84) | All Time Return (18.84) |
Last Split Factor 1:750 | Last Split Date 2022-12-23 |
1 | Does Atlas Lithium Have A Healthy Balance Sheet - Simply Wall St | 09/04/2024 |
2 | Disposition of 2000 shares by Noriega Roger of Atlas Lithium at 9.2 subject to Rule 16b-3 | 09/09/2024 |
3 | Disposition of 1000 shares by Noriega Roger of Atlas Lithium at 9.1 subject to Rule 16b-3 | 09/10/2024 |
4 | Disposition of 3000 shares by Noriega Roger of Atlas Lithium at 9.72 subject to Rule 16b-3 | 09/11/2024 |
5 | Disposition of 700 shares by Brian Bernier of Atlas Lithium at 10.2 subject to Rule 16b-3 | 09/13/2024 |
6 | Atlas Lithium Progresses Towards Key Permitting - StockTitan | 09/23/2024 |
7 | Marc Fogassa Atlas Lithium Corporations CEO is the most bullish insider, and their stock value gained 12last week - Simply Wall St | 10/28/2024 |
8 | Acquisition by Fogassa Marc of 19998 shares of Atlas Lithium at 8.54 subject to Rule 16b-3 | 11/11/2024 |
9 | Wall Street Analysts Believe Atlas Lithium Corporation Could Rally 246.31 percent Heres is How to Trade - Yahoo Finance | 11/14/2024 |
| Begin Period Cash Flow | 280.5 K |
Atlas |
Atlas Lithium Relative Risk vs. Return Landscape
If you would invest 1,023 in Atlas Lithium on August 28, 2024 and sell it today you would lose (302.00) from holding Atlas Lithium or give up 29.52% of portfolio value over 90 days. Atlas Lithium is currently does not generate positive expected returns and assumes 5.857% risk (volatility on return distribution) over the 90 days horizon. In different words, 52% of stocks are less volatile than Atlas, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Atlas Lithium Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atlas Lithium's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Atlas Lithium, and traders can use it to determine the average amount a Atlas Lithium's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.065
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| Negative Returns | ATLX |
Estimated Market Risk
| 5.86 actual daily | 52 52% of assets are less volatile |
Expected Return
| -0.38 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Atlas Lithium 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 Lithium by adding Atlas Lithium to a well-diversified portfolio.
Atlas Lithium Fundamentals Growth
Atlas Stock prices reflect investors' perceptions of the future prospects and financial health of Atlas Lithium, and Atlas Lithium fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Atlas Stock performance.
| Return On Equity | -3.3 | ||||
| Return On Asset | -0.7 | ||||
| Operating Margin | (60.55) % | ||||
| Current Valuation | 98.51 M | ||||
| Shares Outstanding | 15.25 M | ||||
| Price To Book | 4.72 X | ||||
| Price To Sales | 202.24 X | ||||
| Revenue | 620 | ||||
| Gross Profit | (235.58 K) | ||||
| EBITDA | (42.59 B) | ||||
| Net Income | (42.63 M) | ||||
| Cash And Equivalents | 444.23 K | ||||
| Total Debt | 10.22 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 0.16 X | ||||
| Book Value Per Share | 1.53 X | ||||
| Cash Flow From Operations | (5.03 M) | ||||
| Earnings Per Share | (3.54) X | ||||
| Market Capitalization | 109.95 M | ||||
| Total Asset | 43.68 M | ||||
| Retained Earnings | (101.66 M) | ||||
| Working Capital | 24.04 M | ||||
About Atlas Lithium Performance
Evaluating Atlas Lithium's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Atlas Lithium has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Atlas Lithium has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | (116.95) | (111.10) | |
| Return On Tangible Assets | -1.1 K | -1.1 K | |
| Return On Capital Employed | (1.12) | (1.18) | |
| Return On Assets | (947.60) | (900.22) | |
| Return On Equity | -4.7 K | -4.4 K |
Things to note about Atlas Lithium performance evaluation
Checking the ongoing alerts about Atlas Lithium for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Atlas Lithium help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Atlas Lithium generated a negative expected return over the last 90 days | |
| Atlas Lithium has high historical volatility and very poor performance | |
| Atlas Lithium has high likelihood to experience some financial distress in the next 2 years | |
| Atlas Lithium currently holds 10.22 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Atlas Lithium has a current ratio of 0.16, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Atlas Lithium's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 620. Net Loss for the year was (42.63 M) with loss before overhead, payroll, taxes, and interest of (235.58 K). | |
| Atlas Lithium currently holds about 444.23 K in cash with (5.03 M) of positive cash flow from operations. | |
| Atlas Lithium has a poor financial position based on the latest SEC disclosures | |
| Roughly 50.0% of Atlas Lithium shares are held by company insiders | |
| Latest headline from news.google.com: Wall Street Analysts Believe Atlas Lithium Corporation Could Rally 246.31 percent Heres is How to Trade - Yahoo Finance |
- Analyzing Atlas Lithium's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Atlas Lithium's stock is overvalued or undervalued compared to its peers.
- Examining Atlas Lithium's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Atlas Lithium's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Atlas Lithium's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Atlas Lithium's stock. These opinions can provide insight into Atlas Lithium's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Atlas Stock Analysis
When running Atlas Lithium's price analysis, check to measure Atlas Lithium'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 Lithium is operating at the current time. Most of Atlas Lithium's value examination focuses on studying past and present price action to predict the probability of Atlas Lithium'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 Lithium's price. Additionally, you may evaluate how the addition of Atlas Lithium to your portfolios can decrease your overall portfolio volatility.