Atlas Lithium Stock Alpha and Beta Analysis
| ATLX Stock | USD 7.93 0.16 2.06% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Atlas Lithium. It also helps investors analyze the systematic and unsystematic risks associated with investing in Atlas Lithium over a specified time horizon. Remember, high Atlas Lithium's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Atlas Lithium's market risk premium analysis include:
Beta 0.19 | Alpha (0.36) | Risk 5.87 | Sharpe Ratio (0.08) | Expected Return (0.45) |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Atlas |
Atlas Lithium Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Atlas Lithium market risk premium is the additional return an investor will receive from holding Atlas Lithium long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Atlas Lithium. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Atlas Lithium's performance over market.| α | -0.36 | β | 0.19 |
Atlas Lithium expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Atlas Lithium's Buy-and-hold return. Our buy-and-hold chart shows how Atlas Lithium performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Atlas Lithium Market Price Analysis
Market price analysis indicators help investors to evaluate how Atlas Lithium 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 Lithium shares will generate the highest return on investment. By understating and applying Atlas Lithium stock market price indicators, traders can identify Atlas Lithium position entry and exit signals to maximize returns.
Atlas Lithium Return and Market Media
The median price of Atlas Lithium for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 8.05 with a coefficient of variation of 16.37. The daily time series for the period is distributed with a sample standard deviation of 1.4, arithmetic mean of 8.54, and mean deviation of 1.23. The Stock received some media coverage during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 22 shares by Fogassa Marc of Atlas Lithium at 10.14 subject to Rule 16b-3 | 08/29/2024 |
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 | Acquisition by Fogassa Marc of 19998 shares of Atlas Lithium at 8.54 subject to Rule 16b-3 | 11/11/2024 |
7 | Wall Street Analysts Believe Atlas Lithium Corporation Could Rally 246.31 percent Heres is How to Trade - Yahoo Finance | 11/14/2024 |
About Atlas Lithium Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Atlas or other stocks. Alpha measures the amount that position in Atlas Lithium has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Graham Number | 2.34 | 2.88 | 285.89 | 271.59 | Receivables Turnover | 0.57 | 0.38 | 0.44 | 0.42 |
Atlas Lithium Upcoming Company Events
As portrayed in its financial statements, the presentation of Atlas Lithium's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Atlas Lithium's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Atlas Lithium's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Atlas Lithium. Please utilize our Beneish M Score to check the likelihood of Atlas Lithium's management manipulating its earnings.
| 2nd of February 2024 Upcoming Quarterly Report | View | |
| 20th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 2nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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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.