Atlas Lithium Return On Asset vs. Market Capitalization
| ATLX Stock | USD 7.11 0.03 0.42% |
For Atlas Lithium profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Atlas Lithium to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Atlas Lithium utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Atlas Lithium's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Atlas Lithium over time as well as its relative position and ranking within its peers.
Atlas |
Is Precious Metals & Minerals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Atlas Lithium. If investors know Atlas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Atlas Lithium listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.54) | Revenue Per Share 0.038 | Quarterly Revenue Growth (0.46) | Return On Assets (0.70) | Return On Equity (3.30) |
The market value of Atlas Lithium is measured differently than its book value, which is the value of Atlas that is recorded on the company's balance sheet. Investors also form their own opinion of Atlas Lithium's value that differs from its market value or its book value, called intrinsic value, which is Atlas Lithium's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Atlas Lithium's market value can be influenced by many factors that don't directly affect Atlas Lithium's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Atlas Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlas Lithium is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlas Lithium's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Atlas Lithium Market Capitalization vs. Return On Asset Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Atlas Lithium's current stock value. Our valuation model uses many indicators to compare Atlas Lithium value to that of its competitors to determine the firm's financial worth. Atlas Lithium is rated below average in return on asset category among its peers. It is rated below average in market capitalization category among its peers . At this time, Atlas Lithium's Market Cap is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Atlas Lithium's earnings, one of the primary drivers of an investment's value.Atlas Market Capitalization vs. Return On Asset
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Atlas Lithium |
| = | -0.7 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Market Capitalization is the total market value of a company's equity. It is one of many ways to value a company and is calculated by multiplying the price of the stock by the number of shares issued. If a firm has one type of stock its market capitalization will be the current market share price multiplied by the number of shares. However, if a company has multiple types of equities then the market cap will be the total of the market caps of the different types of shares.
Atlas Lithium |
| = | 110.07 M |
In most publications or references market cap is broken down into the mega-cap, large-cap, mid-cap, small-cap, micro-cap, and nano-cap. Market Cap is a measurement of business as total market value of all of the outstanding shares at a given time, and can be used to compare different companies based on their size.
Atlas Market Capitalization vs Competition
Atlas Lithium is rated below average in market capitalization category among its peers. Market capitalization of Materials industry is presently estimated at about 8.84 Billion. Atlas Lithium claims roughly 110.07 Million in market capitalization contributing just under 2% to all equities under Materials industry.
Atlas Lithium Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Atlas Lithium, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Atlas Lithium will eventually generate negative long term returns. The profitability progress is the general direction of Atlas Lithium's change in net profit over the period of time. It can combine multiple indicators of Atlas Lithium, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -1.1 M | -1.1 M | |
| Operating Income | -42.6 B | -40.5 B | |
| Income Before Tax | -42.6 B | -40.5 B | |
| Net Loss | -42.6 M | -40.5 M | |
| Income Tax Expense | -1.2 B | -1.2 B | |
| Total Other Income Expense Net | -45.9 M | -43.6 M | |
| Net Interest Income | 329.7 K | 346.1 K | |
| Net Loss | -28.1 M | -26.7 M | |
| Net Loss | -2.5 M | -2.6 M | |
| Change To Netincome | 1 M | 1.1 M | |
| Net Loss | -4.1 K | -3.9 K | |
| Income Quality | 0.12 | 0.11 | |
| Net Income Per E B T | 970.91 | 1,019 |
Atlas Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Atlas Lithium. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Atlas Lithium position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Atlas Lithium's important profitability drivers and their relationship over time.
Use Atlas Lithium in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Atlas Lithium position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Atlas Lithium will appreciate offsetting losses from the drop in the long position's value.Atlas Lithium Pair Trading
Atlas Lithium Pair Trading Analysis
The ability to find closely correlated positions to Atlas Lithium could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atlas Lithium when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Atlas Lithium - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Atlas Lithium to buy it.
The correlation of Atlas Lithium is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Atlas Lithium moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atlas Lithium moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Atlas Lithium can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Atlas Lithium position
In addition to having Atlas Lithium in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Market Neutral Funds Thematic Idea Now
Market Neutral Funds
Funds or Etfs that invest in both long and short positions of different entities to enhance returns from broad market movements over time. The Market Neutral Funds theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Market Neutral Funds Theme or any other thematic opportunities.
| View All Next | Launch |
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.