ATLX vs. FTNT
Compare and contrast key facts about Atlas Lithium Corporation Common Stock (ATLX) and Fortinet, Inc. (FTNT).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ATLX or FTNT.
Correlation
The correlation between ATLX and FTNT is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ATLX vs. FTNT - Performance Comparison
Key characteristics
ATLX:
-0.96
FTNT:
1.63
ATLX:
-1.88
FTNT:
2.60
ATLX:
0.79
FTNT:
1.36
ATLX:
-0.74
FTNT:
2.06
ATLX:
-1.33
FTNT:
8.82
ATLX:
55.82%
FTNT:
7.24%
ATLX:
78.22%
FTNT:
42.07%
ATLX:
-100.00%
FTNT:
-51.20%
ATLX:
-100.00%
FTNT:
-14.97%
Fundamentals
ATLX:
$74.37M
FTNT:
$80.13B
ATLX:
-$2.91
FTNT:
$2.26
ATLX:
99.34
FTNT:
14.03
ATLX:
3.50
FTNT:
54.66
ATLX:
$666.94M
FTNT:
$4.60B
ATLX:
$268.81M
FTNT:
$3.75B
ATLX:
-$27.91M
FTNT:
$1.70B
Returns By Period
In the year-to-date period, ATLX achieves a -37.44% return, which is significantly lower than FTNT's 3.11% return. Over the past 10 years, ATLX has underperformed FTNT with an annualized return of -38.57%, while FTNT has yielded a comparatively higher 28.92% annualized return.
ATLX
-37.44%
-0.25%
-53.63%
-75.26%
36.99%
-38.57%
FTNT
3.11%
-2.51%
5.85%
67.65%
28.99%
28.92%
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Risk-Adjusted Performance
ATLX vs. FTNT — Risk-Adjusted Performance Rank
ATLX
FTNT
ATLX vs. FTNT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Atlas Lithium Corporation Common Stock (ATLX) and Fortinet, Inc. (FTNT). 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.
Dividends
ATLX vs. FTNT - Dividend Comparison
Neither ATLX nor FTNT has paid dividends to shareholders.
Drawdowns
ATLX vs. FTNT - Drawdown Comparison
The maximum ATLX drawdown since its inception was -100.00%, which is greater than FTNT's maximum drawdown of -51.20%. Use the drawdown chart below to compare losses from any high point for ATLX and FTNT. For additional features, visit the drawdowns tool.
Volatility
ATLX vs. FTNT - Volatility Comparison
Atlas Lithium Corporation Common Stock (ATLX) and Fortinet, Inc. (FTNT) have volatilities of 12.56% and 13.09%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ATLX vs. FTNT - Financials Comparison
This section allows you to compare key financial metrics between Atlas Lithium Corporation Common Stock and Fortinet, Inc.. 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