| ATLX Stock | | | USD 7.11 0.03 0.42% |
Atlas Lithium financial indicator trend analysis is way more than just evaluating Atlas Lithium prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Atlas Lithium is a good investment. Please check the relationship between Atlas Lithium Stock Based Compensation and its Free Cash Flow accounts. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlas Lithium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Atlas Stock please use our
How to Invest in Atlas Lithium guide.
Stock Based Compensation vs Free Cash Flow
Stock Based Compensation vs Free Cash Flow Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Atlas Lithium Stock Based Compensation account and
Free Cash Flow. At this time, the significance of the direction appears to have pay attention.
The correlation between Atlas Lithium's Stock Based Compensation and Free Cash Flow is -0.97. Overlapping area represents the amount of variation of Stock Based Compensation that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Atlas Lithium, assuming nothing else is changed. The correlation between historical values of Atlas Lithium's Stock Based Compensation and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Stock Based Compensation of Atlas Lithium are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Stock Based Compensation i.e., Atlas Lithium's Stock Based Compensation and Free Cash Flow go up and down completely randomly.
Correlation Coefficient | -0.97 |
| Relationship Direction | Negative |
| Relationship Strength | Significant |
Stock Based Compensation
Compensation provided to employees in the form of equity or options to purchase company stock. This type of compensation is used to align the interests of employees and shareholders.
Free Cash Flow
The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
Most indicators from Atlas Lithium's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Atlas Lithium current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out
Trending Equities to better understand how to build diversified portfolios, which includes a position in Atlas Lithium. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in bureau of economic analysis.
For more information on how to buy Atlas Stock please use our
How to Invest in Atlas Lithium guide.At this time, Atlas Lithium's
Selling General Administrative is fairly stable compared to the past year.
Issuance Of Capital Stock is likely to rise to about 22.9
M in 2024, whereas
Enterprise Value Over EBITDA is likely to drop
(7.29) in 2024.
Atlas Lithium fundamental ratios Correlations
Click cells to compare fundamentals
Atlas Lithium Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Atlas Lithium fundamental ratios Accounts
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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.