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ATLX vs. FTNT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

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.


-0.50.00.51.00.0

Performance

ATLX vs. FTNT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Atlas Lithium Corporation Common Stock (ATLX) and Fortinet, Inc. (FTNT). The values are adjusted to include any dividend payments, if applicable.

-100.00%-50.00%0.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
-100.00%
61.13%
ATLX
FTNT

Key characteristics

Sharpe Ratio

ATLX:

-0.85

FTNT:

1.70

Sortino Ratio

ATLX:

-1.59

FTNT:

2.92

Omega Ratio

ATLX:

0.83

FTNT:

1.38

Calmar Ratio

ATLX:

-0.75

FTNT:

2.14

Martin Ratio

ATLX:

-1.20

FTNT:

6.34

Ulcer Index

ATLX:

61.96%

FTNT:

10.47%

Daily Std Dev

ATLX:

87.54%

FTNT:

39.02%

Max Drawdown

ATLX:

-100.00%

FTNT:

-51.20%

Current Drawdown

ATLX:

-100.00%

FTNT:

-5.90%

Fundamentals

Market Cap

ATLX:

$107.37M

FTNT:

$74.82B

EPS

ATLX:

-$3.54

FTNT:

$1.99

Total Revenue (TTM)

ATLX:

$169.92M

FTNT:

$5.71B

Gross Profit (TTM)

ATLX:

$163.90M

FTNT:

$4.55B

EBITDA (TTM)

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

YTD

-78.64%

1M

-12.79%

6M

-33.20%

1Y

-74.98%

5Y*

45.00%

10Y*

-48.65%

FTNT

YTD

59.51%

1M

1.61%

6M

57.84%

1Y

61.63%

5Y*

34.41%

10Y*

31.61%

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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.


Sharpe ratio
The chart of Sharpe ratio for ATLX, currently valued at -0.85, compared to the broader market-4.00-2.000.002.00-0.851.70
The chart of Sortino ratio for ATLX, currently valued at -1.59, compared to the broader market-4.00-2.000.002.004.00-1.592.92
The chart of Omega ratio for ATLX, currently valued at 0.83, compared to the broader market0.501.001.502.000.831.38
The chart of Calmar ratio for ATLX, currently valued at -0.75, compared to the broader market0.002.004.006.00-0.752.14
The chart of Martin ratio for ATLX, currently valued at -1.20, compared to the broader market0.0010.0020.00-1.206.34
ATLX
FTNT

The current ATLX Sharpe Ratio is -0.85, which is lower than the FTNT Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of ATLX and FTNT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
-0.85
1.70
ATLX
FTNT

Dividends

ATLX vs. FTNT - Dividend Comparison

Neither ATLX nor FTNT has paid dividends to shareholders.


Tickers have no history of dividend payments

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.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-100.00%
-5.90%
ATLX
FTNT

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.


5.00%10.00%15.00%20.00%25.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
22.24%
8.29%
ATLX
FTNT

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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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