Atlas Lithium Stock Price on November 8, 2024
| ATLX Stock | USD 7.09 0.05 0.70% |
Below is the normalized historical share price chart for Atlas Lithium extending back to March 04, 2013. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Atlas Lithium stands at 7.09, as last reported on the 1st of December, with the highest price reaching 7.22 and the lowest price hitting 7.00 during the day.
If you're considering investing in Atlas Stock, it is important to understand the factors that can impact its price. Atlas Lithium secures Sharpe Ratio (or Efficiency) of -0.059, which signifies that the company had a -0.059% return per unit of risk over the last 3 months. Atlas Lithium exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Atlas Lithium's Risk Adjusted Performance of (0.04), mean deviation of 4.45, and Standard Deviation of 5.86 to double-check the risk estimate we provide.
At this time, Atlas Lithium's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to rise to about 10.6 M in 2024, whereas Other Stockholder Equity is likely to drop slightly above 56.7 M in 2024. . At this time, Atlas Lithium's Price To Sales Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to rise to 37.18 in 2024, whereas Price Earnings Ratio is likely to drop (0.01) in 2024. Atlas Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 11.7458 | 50 Day MA 7.8017 | Beta (3.68) |
Atlas |
Sharpe Ratio = -0.059
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| Negative Returns | ATLX |
Estimated Market Risk
| 5.92 actual daily | 52 52% of assets are less volatile |
Expected Return
| -0.35 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.
Price Book 4.6946 | Enterprise Value Ebitda (12.17) | Price Sales 202.4625 | Shares Float 7.2 M | Wall Street Target Price 27.6667 |
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Atlas Lithium Valuation on November 8, 2024
It is possible to determine the worth of Atlas Lithium on a given historical date. On November 8, 2024 Atlas was worth 8.8 at the beginning of the trading date compared to the closed value of 8.54. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Atlas Lithium stock. Still, in general, we apply an absolute valuation method to find Atlas Lithium'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 Lithium where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Atlas Lithium's related companies.
| Open | High | Low | Close | Volume | |
| 8.98 | 8.99 | 8.39 | 8.75 | 73,130 | |
11/08/2024 | 8.80 | 9.13 | 8.27 | 8.54 | 81,497 |
| 8.37 | 8.62 | 7.54 | 8.05 | 145,184 |
| Backtest Atlas Lithium | | | Atlas Lithium History | | | Atlas Lithium Valuation | Previous | Next |
Atlas Lithium Trading Date Momentum on November 8, 2024
| On November 11 2024 Atlas Lithium was traded for 8.05 at the closing time. The top price for the day was 8.62 and the lowest listed price was 7.54 . The trading volume for the day was 145.2 K. The trading history from November 11, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 5.74% . The overall trading delta against the current closing price is 11.83% . |
Atlas Lithium Fundamentals Correlations and Trends
By evaluating Atlas Lithium'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 Lithium'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 Lithium Stock history
Atlas Lithium 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 Lithium 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 Lithium stock prices may prove useful in developing a viable investing in Atlas Lithium
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 10.1 M | 10.6 M | |
| Net Loss | -2.5 M | -2.6 M |
Atlas Lithium Stock Technical Analysis
Atlas Lithium 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 Lithium Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Atlas Lithium cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 Lithium December 1, 2024 Market Strength
Market strength 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 undertsting and applying Atlas Lithium stock market strength indicators, traders can identify Atlas Lithium entry and exit signals to maximize returns
Atlas Lithium Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Atlas Lithium'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 | (0.04) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (1.38) | |||
| Treynor Ratio | 0.7727 |
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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.