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Atlas Lithium Corporation Common Stock (ATLX) Sharpe Ratio: -0.09

Equity · Currency in USD · Last updated Jun 26, 2026

Atlas Lithium Corporation, based in Belo Horizonte, Brazil, is a mineral exploration and mining company. They operate the Minas Gerais Lithium Project and the Northeastern Brazil Lithium Project, covering large areas in different regions of Brazil. Aside from lithium, the company has interests in mining concessions for gold, diamond, and industrial sand, as well as early-stage projects in other minerals like nickel, rare earths, and titanium. Formerly known as Brazil Minerals, Inc., the company rebranded to Atlas Lithium Corporation in October 2022.

ATLX's Sharpe Ratio of -0.09 indicates that for each unit of volatility, it generates -0.09 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 26, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

ATLX Sharpe Ratio Rank

ATLX Sharpe Ratio Rank: 39.740
Below Average

ATLX ranks above 39.7% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

ATLX Sharpe Ratio Market Positioning

The chart shows ATLX's Sharpe Ratio relative to all stocks on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): -0.42 or lower
  • Yellow zone (middle 50%): -0.42 to 1.08
  • Green zone (top 25%): 1.08 or higher
  • Top 1%: 5.42+
  • Median: 0.17 — half of all investments score higher

How it compares to other similar stocks

The table compares Atlas Lithium Corporation Common Stock's Sharpe Ratio with other stocks in the Other Precious Metals & Mining industry across multiple time periods, showing how ATLX's risk-adjusted performance compares to industry peers.

Data shows 1-, 5-, and 10-year periods, plus each stock's all-time average, as of Jun 26, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
BVNCompañía de Minas Buenaventura S.A.A.1.91
MTAMetalla Royalty & Streaming Ltd.1.47
MUXMcEwen Mining Inc.1.30
ARRKFArras Minerals Corp0.97
ANGPYAnglo American Platinum ADR0.97
VOXRVox Royalty Corp0.89
EXKEndeavour Silver Corp.0.88
PPTAPerpetua Resources Corp0.86
ASMAvino Silver & Gold Mines Ltd.0.81
ITRGIntegra Resources Corp0.71
ATLXAtlas Lithium Corporation Common Stock-0.09

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows ATLX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when ATLX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does ATLX fit in your portfolio?

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