Atlas Salt Stock Performance
| SALT Stock | 0.60 0.03 4.76% |
The firm shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Atlas Salt's returns are expected to increase less than the market. However, during the bear market, the loss of holding Atlas Salt is expected to be smaller as well. At this point, Atlas Salt has a negative expected return of -0.2%. Please make sure to confirm Atlas Salt's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Atlas Salt performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Atlas Salt has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of abnormal performance in the last few months, the Stock's essential indicators remain fairly stable which may send shares a bit higher in January 2025. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
1 | Exploring Atlas Salt as a Defensive Stock Opportunity - Value the Markets | 11/04/2024 |
2 | Atlas Salt Taps Endeavour Financial to Secure 400M for Major Salt Project, Signs Key Supply Deal - StockTitan | 12/10/2024 |
| Begin Period Cash Flow | 9.3 M |
Atlas |
Atlas Salt Relative Risk vs. Return Landscape
If you would invest 69.00 in Atlas Salt on September 26, 2024 and sell it today you would lose (9.00) from holding Atlas Salt or give up 13.04% of portfolio value over 90 days. Atlas Salt is producing return of less than zero assuming 1.8833% volatility of returns over the 90 days investment horizon. Simply put, 16% of all stocks have less volatile historical return distribution than Atlas Salt, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Atlas Salt Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atlas Salt's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Atlas Salt, and traders can use it to determine the average amount a Atlas Salt's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1083
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | SALT |
Estimated Market Risk
| 1.88 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.2 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Atlas Salt 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 Salt by adding Atlas Salt to a well-diversified portfolio.
Atlas Salt Fundamentals Growth
Atlas Stock prices reflect investors' perceptions of the future prospects and financial health of Atlas Salt, and Atlas Salt fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Atlas Stock performance.
| Return On Equity | -0.15 | ||||
| Return On Asset | -0.08 | ||||
| Current Valuation | 48.78 M | ||||
| Shares Outstanding | 96.22 M | ||||
| Price To Book | 2.74 X | ||||
| Price To Sales | 255.61 X | ||||
| EBITDA | (2.89 M) | ||||
| Net Income | (4.84 M) | ||||
| Total Debt | 597.9 K | ||||
| Book Value Per Share | 0.23 X | ||||
| Cash Flow From Operations | (3.47 M) | ||||
| Earnings Per Share | (0.04) X | ||||
| Market Capitalization | 57.73 M | ||||
| Total Asset | 22.37 M | ||||
| Retained Earnings | (11.51 M) | ||||
| Working Capital | 11.95 M | ||||
About Atlas Salt Performance
Evaluating Atlas Salt's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Atlas Salt has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Atlas Salt has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.22) | (0.21) | |
| Return On Capital Employed | (0.24) | (0.25) | |
| Return On Assets | (0.22) | (0.21) | |
| Return On Equity | (0.22) | (0.21) |
Things to note about Atlas Salt performance evaluation
Checking the ongoing alerts about Atlas Salt for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Atlas Salt help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Atlas Salt generated a negative expected return over the last 90 days | |
| Atlas Salt has some characteristics of a very speculative penny stock | |
| Net Loss for the year was (4.84 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Atlas Salt generates negative cash flow from operations | |
| About 39.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Atlas Salt Taps Endeavour Financial to Secure 400M for Major Salt Project, Signs Key Supply Deal - StockTitan |
- Analyzing Atlas Salt's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Atlas Salt's stock is overvalued or undervalued compared to its peers.
- Examining Atlas Salt's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Atlas Salt's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Atlas Salt's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Atlas Salt's stock. These opinions can provide insight into Atlas Salt's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Atlas Stock Analysis
When running Atlas Salt's price analysis, check to measure Atlas Salt'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 Salt is operating at the current time. Most of Atlas Salt's value examination focuses on studying past and present price action to predict the probability of Atlas Salt'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 Salt's price. Additionally, you may evaluate how the addition of Atlas Salt to your portfolios can decrease your overall portfolio volatility.