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 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ATLX vs. FTNT - Performance Comparison
Key characteristics
ATLX:
-0.85
FTNT:
1.70
ATLX:
-1.59
FTNT:
2.92
ATLX:
0.83
FTNT:
1.38
ATLX:
-0.75
FTNT:
2.14
ATLX:
-1.20
FTNT:
6.34
ATLX:
61.96%
FTNT:
10.47%
ATLX:
87.54%
FTNT:
39.02%
ATLX:
-100.00%
FTNT:
-51.20%
ATLX:
-100.00%
FTNT:
-5.90%
Fundamentals
ATLX:
$107.37M
FTNT:
$74.82B
ATLX:
-$3.54
FTNT:
$1.99
ATLX:
$169.92M
FTNT:
$5.71B
ATLX:
$163.90M
FTNT:
$4.55B
ATLX:
-$49.57M
FTNT:
$1.89B
Returns By Period
In the year-to-date period, ATLX achieves a -78.64% return, which is significantly lower than FTNT's 59.51% return. Over the past 10 years, ATLX has underperformed FTNT with an annualized return of -48.65%, while FTNT has yielded a comparatively higher 31.61% annualized return.
ATLX
-78.64%
-12.79%
-33.20%
-74.98%
45.00%
-48.65%
FTNT
59.51%
1.61%
57.84%
61.63%
34.41%
31.61%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
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) has a higher volatility of 22.24% compared to Fortinet, Inc. (FTNT) at 8.29%. This indicates that ATLX's price experiences larger fluctuations and is considered to be riskier than FTNT based on this measure. 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