ATLX vs. OUST
Compare and contrast key facts about Atlas Lithium Corporation Common Stock (ATLX) and Ouster, Inc. (OUST).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ATLX or OUST.
Correlation
The correlation between ATLX and OUST is 0.11, 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. OUST - Performance Comparison
Key characteristics
ATLX:
-0.86
OUST:
0.89
ATLX:
-1.64
OUST:
2.05
ATLX:
0.82
OUST:
1.24
ATLX:
-0.76
OUST:
0.91
ATLX:
-1.21
OUST:
2.35
ATLX:
62.38%
OUST:
37.47%
ATLX:
87.60%
OUST:
98.44%
ATLX:
-100.00%
OUST:
-98.01%
ATLX:
-100.00%
OUST:
-92.63%
Fundamentals
ATLX:
$107.37M
OUST:
$547.48M
ATLX:
-$3.54
OUST:
-$2.33
ATLX:
$169.92M
OUST:
$105.45M
ATLX:
$163.90M
OUST:
$31.05M
ATLX:
-$49.57M
OUST:
-$90.45M
Returns By Period
In the year-to-date period, ATLX achieves a -79.67% return, which is significantly lower than OUST's 56.19% return.
ATLX
-79.67%
-17.62%
-32.70%
-77.28%
43.49%
-47.57%
OUST
56.19%
34.91%
17.45%
73.12%
N/A
N/A
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Risk-Adjusted Performance
ATLX vs. OUST - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Atlas Lithium Corporation Common Stock (ATLX) and Ouster, Inc. (OUST). 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. OUST - Dividend Comparison
Neither ATLX nor OUST has paid dividends to shareholders.
Drawdowns
ATLX vs. OUST - Drawdown Comparison
The maximum ATLX drawdown since its inception was -100.00%, roughly equal to the maximum OUST drawdown of -98.01%. Use the drawdown chart below to compare losses from any high point for ATLX and OUST. For additional features, visit the drawdowns tool.
Volatility
ATLX vs. OUST - Volatility Comparison
The current volatility for Atlas Lithium Corporation Common Stock (ATLX) is 21.56%, while Ouster, Inc. (OUST) has a volatility of 30.14%. This indicates that ATLX experiences smaller price fluctuations and is considered to be less risky than OUST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ATLX vs. OUST - Financials Comparison
This section allows you to compare key financial metrics between Atlas Lithium Corporation Common Stock and Ouster, 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