ATLX vs. FTNT
ATLX (Atlas Lithium Corporation Common Stock) and FTNT (Fortinet, Inc.) are both stocks. ATLX operates in Other Precious Metals & Mining (Basic Materials), while FTNT operates in Software - Infrastructure (Technology). Over the past 10 years, ATLX returned 33.90%/yr vs 37.63%/yr for FTNT. Their 0.05 correlation means their historical movements had little consistent relationship.
Performance
ATLX vs. FTNT - Performance Comparison
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Returns By Period
In the year-to-date period, ATLX achieves a -34.28% return, which is significantly lower than FTNT's 105.53% return. Over the past 10 years, ATLX has underperformed FTNT with an annualized return of 33.90%, while FTNT has yielded a comparatively higher 37.63% annualized return.
ATLX
- 1D
- 1.46%
- 1M
- -23.63%
- 6M
- -41.23%
- YTD
- -34.28%
- 1Y
- -35.94%
- 3Y*
- -52.91%
- 5Y*
- -18.33%
- 10Y*
- 33.90%
- ALL TIME*
- -34.09%
FTNT
- 1D
- 0.78%
- 1M
- 4.45%
- 6M
- 100.78%
- YTD
- 105.53%
- 1Y
- 67.64%
- 3Y*
- 42.19%
- 5Y*
- 21.83%
- 10Y*
- 37.63%
- ALL TIME*
- 31.42%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $754.58K | $1.04M | $2.57M | |
FTNT Fortinet, Inc. | $986.63M | $864.34M | $917.25M |
ATLX vs. FTNT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ATLX Atlas Lithium Corporation Common Stock | -34.28% | -33.18% | -79.76% | 346.86% | 22.81% | 442.86% | -12.50% | 60.00% | -75.00% | 3,900.00% |
FTNT Fortinet, Inc. | 105.53% | -15.95% | 61.42% | 19.72% | -31.98% | 141.97% | 39.13% | 51.58% | 61.20% | 45.05% |
Correlation
The correlation between ATLX and FTNT is 0.16, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.16 |
Correlation (3Y) Balances recent behavior with more history. | 0.14 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.10 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.06 |
Correlation (All Time) Calculated using the full available price history since Feb 28, 2013 | 0.05 |
The correlation between ATLX and FTNT shifts across timeframes, from 0.05 (all time) to 0.16 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
ATLX:
$56.28M
FTNT:
$119.75B
ATLX:
-$1.32
FTNT:
$2.83
ATLX:
486.28
FTNT:
16.27
ATLX:
1.67
FTNT:
78.00
ATLX:
$141.70K
FTNT:
$7.53B
ATLX:
$23.23K
FTNT:
$6.05B
ATLX:
-$38.45M
FTNT:
$2.70B
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Return for Risk
ATLX vs. FTNT — Risk / Return Rank
ATLX
FTNT
ATLX vs. FTNT - Risk-Adjusted Trends 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.
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 | FTNT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.88 | ||
| Sortino ratioReturn per unit of downside risk | -2.00 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.31 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | -0.55 | 2.77 | -3.32 |
| Martin ratioReturn relative to average drawdown | -0.97 | 4.48 | -5.45 |
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Drawdowns
ATLX vs. FTNT - Drawdown Comparison
The maximum ATLX drawdown since its inception was -99.99%, 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.
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Drawdown Indicators
| ATLX | FTNT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.99% | -51.20% | -48.79% |
Max Drawdown (1Y)Largest decline over 1 year | -65.64% | -24.52% | -41.12% |
Max Drawdown (3Y)Largest decline over 3 years | -92.33% | -35.07% | -57.26% |
Max Drawdown (5Y)Largest decline over 5 years | -93.83% | -38.32% | -55.51% |
Max Drawdown (10Y)Largest decline over 10 years | -98.25% | -38.32% | -59.93% |
Current DrawdownCurrent decline from peak | -99.66% | -2.17% | -97.49% |
Average DrawdownAverage peak-to-trough decline | -97.10% | -16.12% | -80.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.93% | 15.15% | +21.78% |
Volatility
ATLX vs. FTNT - Volatility Comparison
Atlas Lithium Corporation Common Stock (ATLX) has a higher volatility of 16.78% compared to Fortinet, Inc. (FTNT) at 11.42%. 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.
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Volatility by Period
| ATLX | FTNT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.78% | 11.42% | +5.36% |
Volatility (6M)Calculated over the trailing 6-month period | 55.83% | 32.97% | +22.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 94.33% | 45.56% | +48.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 112.81% | 44.15% | +68.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7,895.90% | 40.85% | +7,855.05% |
Dividends
ATLX vs. FTNT - Dividend Comparison
Neither ATLX nor FTNT has paid dividends to shareholders.
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
Frequently Asked Questions
ATLX and FTNT have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ATLX has higher volatility (16.78%) compared to FTNT (11.42%). In terms of maximum drawdown, ATLX dropped -99.99% vs FTNT's -51.20%.
FTNT currently has the higher Sharpe Ratio (1.50 vs -0.38), 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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