ATLX vs. AG
ATLX (Atlas Lithium Corporation Common Stock) and AG (First Majestic Silver Corp.) are both stocks. Both are in the Basic Materials sector — ATLX in Other Precious Metals & Mining, AG in Silver. Over the past 10 years, ATLX returned 45.91%/yr vs 1.10%/yr for AG. At a 0.10 correlation, their price movements are largely independent.
Performance
ATLX vs. AG - Performance Comparison
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Returns By Period
In the year-to-date period, ATLX achieves a -22.46% return, which is significantly lower than AG's 1.86% return. Over the past 10 years, ATLX has outperformed AG with an annualized return of 45.91%, while AG has yielded a comparatively lower 1.10% annualized return.
ATLX
- 1D
- -0.91%
- 1M
- -12.06%
- 6M
- -37.64%
- YTD
- -22.46%
- 1Y
- -18.20%
- 3Y*
- -45.74%
- 5Y*
- -18.14%
- 10Y*
- 45.91%
AG
- 1D
- -1.22%
- 1M
- -3.97%
- 6M
- -10.26%
- YTD
- 1.86%
- 1Y
- 83.24%
- 3Y*
- 43.23%
- 5Y*
- 3.32%
- 10Y*
- 1.10%
ATLX vs. AG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ATLX Atlas Lithium Corporation Common Stock | -22.46% | -33.18% | -79.76% | 346.86% | 22.81% | 442.86% | -12.50% | 60.00% | -75.00% | 3,900.00% |
AG First Majestic Silver Corp. | 1.86% | 204.32% | -10.47% | -25.99% | -24.73% | -17.24% | 9.62% | 108.15% | -12.61% | -11.66% |
Correlation
The correlation between ATLX and AG is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2013 | 0.10 |
Over the past year, ATLX and AG have become more correlated (0.40) than their long-term average of 0.10, meaning their price movements have been converging.
Fundamentals
ATLX:
$66.40M
AG:
$8.37B
ATLX:
-$1.32
AG:
$0.59
ATLX:
573.74
AG:
5.62
ATLX:
1.97
AG:
2.93
ATLX:
$141.70K
AG:
$1.49B
ATLX:
$23.23K
AG:
$646.49M
ATLX:
-$38.45M
AG:
$824.25M
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Return for Risk
ATLX vs. AG — Risk / Return Rank
ATLX
AG
ATLX vs. AG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Atlas Lithium Corporation Common Stock (ATLX) and First Majestic Silver Corp. (AG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ATLX | AG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.50 | ||
| Sortino ratioReturn per unit of downside risk | -1.56 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.24 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.35 | 1.91 | -2.26 |
| Martin ratioReturn relative to average drawdown | -0.58 | 4.03 | -4.60 |
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Drawdowns
ATLX vs. AG - Drawdown Comparison
The maximum ATLX drawdown since its inception was -99.99%, which is greater than AG's maximum drawdown of -90.20%. Use the drawdown chart below to compare losses from any high point for ATLX and AG.
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Drawdown Indicators
| ATLX | AG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.99% | -90.20% | -9.79% |
Max Drawdown (1Y)Largest decline over 1 year | -55.97% | -50.88% | -5.09% |
Max Drawdown (3Y)Largest decline over 3 years | -90.17% | -50.88% | -39.29% |
Max Drawdown (5Y)Largest decline over 5 years | -92.09% | -70.28% | -21.81% |
Max Drawdown (10Y)Largest decline over 10 years | -98.25% | -80.82% | -17.43% |
Current DrawdownCurrent decline from peak | -99.60% | -47.00% | -52.60% |
Average DrawdownAverage peak-to-trough decline | -97.09% | -59.12% | -37.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.62% | 24.08% | +9.54% |
Volatility
ATLX vs. AG - Volatility Comparison
The current volatility for Atlas Lithium Corporation Common Stock (ATLX) is 16.07%, while First Majestic Silver Corp. (AG) has a volatility of 20.45%. This indicates that ATLX experiences smaller price fluctuations and is considered to be less risky than AG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ATLX | AG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.07% | 20.45% | -4.38% |
Volatility (6M)Calculated over the trailing 6-month period | 57.45% | 58.24% | -0.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 97.40% | 74.69% | +22.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 113.33% | 62.08% | +51.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7,892.83% | 62.02% | +7,830.81% |
Dividends
ATLX vs. AG - Dividend Comparison
ATLX has not paid dividends to shareholders, while AG's dividend yield for the trailing twelve months is around 0.21%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
AG First Majestic Silver Corp. | 0.21% | 0.12% | 0.33% | 0.34% | 0.31% | 0.14% |
ATLX Atlas Lithium Corporation Common Stock | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ATLX vs. AG - Financials Comparison
This section allows you to compare key financial metrics between Atlas Lithium Corporation Common Stock and First Majestic Silver Corp.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
ATLX and AG have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AG has higher volatility (20.45%) compared to ATLX (16.07%). In terms of maximum drawdown, ATLX dropped -99.99% vs AG's -90.20%.
AG currently has the higher Sharpe Ratio (1.30 vs -0.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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