ATLX vs. OUST
ATLX (Atlas Lithium Corporation Common Stock) and OUST (Ouster, Inc.) are both stocks. ATLX operates in Other Precious Metals & Mining (Basic Materials), while OUST operates in Electronic Components (Technology). Over the past 5 years, ATLX returned -18.33%/yr vs -14.56%/yr for OUST. Their 0.16 correlation means their historical movements had little consistent relationship.
Performance
ATLX vs. OUST - 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 OUST's 96.30% 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%
OUST
- 1D
- 8.90%
- 1M
- -14.77%
- 6M
- 108.95%
- YTD
- 96.30%
- 1Y
- 93.27%
- 3Y*
- 97.19%
- 5Y*
- -14.56%
- 10Y*
- —
- ALL TIME*
- -13.24%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $754.58K | $1.04M | $2.57M | |
OUST Ouster, Inc. | $114.58M | $154.01M | $204.89M |
ATLX vs. OUST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
ATLX Atlas Lithium Corporation Common Stock | -34.28% | -33.18% | -79.76% | 346.86% | 22.81% | 442.86% | 55.56% |
OUST Ouster, Inc. | 96.30% | 77.09% | 59.32% | -11.12% | -83.40% | -61.48% | 39.18% |
Correlation
The correlation between ATLX and OUST is 0.35, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.35 |
Correlation (3Y) Balances recent behavior with more history. | 0.28 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.19 |
Correlation (All Time) Calculated using the full available price history since Oct 9, 2020 | 0.16 |
The correlation between ATLX and OUST shifts across timeframes, from 0.16 (all time) to 0.35 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
ATLX:
$56.28M
OUST:
$2.70B
ATLX:
-$1.32
OUST:
-$0.90
ATLX:
486.28
OUST:
14.16
ATLX:
1.67
OUST:
9.53
ATLX:
$141.70K
OUST:
$185.33M
ATLX:
$23.23K
OUST:
$90.79M
ATLX:
-$38.45M
OUST:
-$50.85M
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Return for Risk
ATLX vs. OUST — Risk / Return Rank
ATLX
OUST
ATLX vs. OUST - Risk-Adjusted Trends 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.
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 | OUST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.26 | ||
| Sortino ratioReturn per unit of downside risk | -1.84 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.21 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | -0.55 | 1.70 | -2.25 |
| Martin ratioReturn relative to average drawdown | -0.97 | 2.99 | -3.96 |
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Drawdowns
ATLX vs. OUST - Drawdown Comparison
The maximum ATLX drawdown since its inception was -99.99%, 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.
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Drawdown Indicators
| ATLX | OUST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.99% | -98.01% | -1.98% |
Max Drawdown (1Y)Largest decline over 1 year | -65.64% | -55.15% | -10.49% |
Max Drawdown (3Y)Largest decline over 3 years | -92.33% | -64.00% | -28.33% |
Max Drawdown (5Y)Largest decline over 5 years | -93.83% | -96.90% | +3.07% |
Max Drawdown (10Y)Largest decline over 10 years | -98.25% | — | — |
Current DrawdownCurrent decline from peak | -99.66% | -73.86% | -25.80% |
Average DrawdownAverage peak-to-trough decline | -97.10% | -77.92% | -19.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.93% | 31.34% | +5.59% |
Volatility
ATLX vs. OUST - Volatility Comparison
The current volatility for Atlas Lithium Corporation Common Stock (ATLX) is 16.78%, while Ouster, Inc. (OUST) has a volatility of 38.49%. 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.
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Volatility by Period
| ATLX | OUST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.78% | 38.49% | -21.71% |
Volatility (6M)Calculated over the trailing 6-month period | 55.83% | 83.39% | -27.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 94.33% | 107.53% | -13.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 112.81% | 99.53% | +13.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7,895.90% | 97.44% | +7,798.46% |
Dividends
ATLX vs. OUST - Dividend Comparison
Neither ATLX nor OUST has paid dividends to shareholders.
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
Frequently Asked Questions
ATLX and OUST have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OUST has higher volatility (38.49%) compared to ATLX (16.78%). In terms of maximum drawdown, ATLX dropped -99.99% vs OUST's -98.01%.
OUST currently has the higher Sharpe Ratio (0.87 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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