OUST vs. ATLX
Compare and contrast key facts about Ouster, Inc. (OUST) and Atlas Lithium Corporation Common Stock (ATLX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OUST or ATLX.
Correlation
The correlation between OUST and ATLX 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
OUST vs. ATLX - Performance Comparison
Key characteristics
OUST:
0.58
ATLX:
-0.81
OUST:
1.69
ATLX:
-1.35
OUST:
1.20
ATLX:
0.86
OUST:
0.60
ATLX:
-0.68
OUST:
1.60
ATLX:
-1.39
OUST:
36.47%
ATLX:
48.73%
OUST:
100.02%
ATLX:
84.26%
OUST:
-98.01%
ATLX:
-100.00%
OUST:
-94.54%
ATLX:
-100.00%
Fundamentals
OUST:
$459.22M
ATLX:
$83.79M
OUST:
-$2.33
ATLX:
-$3.54
OUST:
$81.01M
ATLX:
$169.92M
OUST:
$25.57M
ATLX:
$163.94M
OUST:
-$59.82M
ATLX:
-$32.70M
Returns By Period
In the year-to-date period, OUST achieves a -27.41% return, which is significantly lower than ATLX's -14.14% return.
OUST
-27.41%
-17.64%
15.95%
62.75%
N/A
N/A
ATLX
-14.14%
-15.47%
-50.37%
-68.01%
45.97%
-40.87%
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Risk-Adjusted Performance
OUST vs. ATLX — Risk-Adjusted Performance Rank
OUST
ATLX
OUST vs. ATLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ouster, Inc. (OUST) and Atlas Lithium Corporation Common Stock (ATLX). 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
OUST vs. ATLX - Dividend Comparison
Neither OUST nor ATLX has paid dividends to shareholders.
Drawdowns
OUST vs. ATLX - Drawdown Comparison
The maximum OUST drawdown since its inception was -98.01%, roughly equal to the maximum ATLX drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for OUST and ATLX. For additional features, visit the drawdowns tool.
Volatility
OUST vs. ATLX - Volatility Comparison
Ouster, Inc. (OUST) has a higher volatility of 20.89% compared to Atlas Lithium Corporation Common Stock (ATLX) at 15.21%. This indicates that OUST's price experiences larger fluctuations and is considered to be riskier than ATLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
OUST vs. ATLX - Financials Comparison
This section allows you to compare key financial metrics between Ouster, Inc. and Atlas Lithium Corporation Common Stock. 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