Atlas Lithium Stock Price on December 3, 2024

ATLX Stock  USD 7.40  0.53  6.68%   
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 7.40, as last reported on the 11th of December 2024, with the highest price reaching 8.00 and the lowest price hitting 7.35 during the day.
200 Day MA
11.4909
50 Day MA
7.8329
Beta
(3.68)
 
Yuan Drop
 
Covid
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 -0.0618, which signifies that the company had a -0.0618% return per unit of risk over the last 3 months. Atlas Lithium exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Atlas Lithium's Standard Deviation of 5.92, risk adjusted performance of (0.01), and Mean Deviation of 4.46 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.

Sharpe Ratio = -0.0618

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsATLX

Estimated Market Risk

 5.95
  actual daily
52
52% of assets are less volatile

Expected Return

 -0.37
  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
5.1978
Enterprise Value Ebitda
(12.17)
Price Sales
224.864
Shares Float
7.2 M
Wall Street Target Price
27.6667

Related Headline

New Pacific Headline on 3rd of December 2024

Newport County Wimbledon aim to ease Cup hurt against Exiles

Atlas Lithium Valuation on December 3, 2024

It is possible to determine the worth of Atlas Lithium on a given historical date. On December 3, 2024 Atlas was worth 7.28 at the beginning of the trading date compared to the closed value of 7.22. 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
  7.14    7.44    7.00    7.28    84,012  
12/03/2024
  7.28    7.28    7.00    7.22    67,021  
  7.22    7.49    7.01    7.24    43,150  
Backtest Atlas Lithium  |  Atlas Lithium History  |  Atlas Lithium Valuation   PreviousNext  
Open Value
7.28
7.22
Closing Value
25.13
Upside

Atlas Lithium Trading Date Momentum on December 3, 2024

On December 04 2024 Atlas Lithium was traded for  7.24  at the closing time. The top price for the day was 7.49  and the lowest listed price was  7.01 . The trading volume for the day was 43.1 K. The trading history from December 4, 2024 was a factor to the next trading day price jump. The overall trading delta against the next closing price was 0.28% . The overall trading delta against the current closing price is 10.80% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding10.1 M10.6 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.
A focus of Atlas Lithium technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Atlas Lithium trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Atlas Lithium Period Price Range

Low
December 11, 2024
0.00  NaN%
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 11, 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.

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.