Atlas Lithium Total Risk Alpha
| ATLX Stock | | | USD 4.03 -0.01 -0.25% |
This module presents the Total Risk Alpha indicator for Atlas Lithium using available market inputs. The indicator computation uses normalized market activity data. Atlas Lithium has a market cap of 109.63 M, operating margin of -217.2%, ROE of -85.6%. Use
Trending Equities to view allocation positioning. A position in Atlas Lithium is part of the allocation. It is reflected in the overall portfolio structure. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Learn the basics of trading Atlas Stock with our
How to Buy Atlas Lithium walkthrough. This resource explains how to evaluate entry points and manage positions in Atlas Stock. Refer to it whenever you need a refresher on the mechanics of investing in Atlas Lithium.
Atlas Lithium has current Total Risk Alpha of 0.871. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.
Total Risk Alpha | = | RFR + (ER[b] - ER[a]) | x | STD[a] / STD[b] |
| = | 0.871 | |
| ER[a] | = | Expected return on investing in Atlas Lithium |
| ER[b] | = | Expected return on market index or selected benchmark |
| STD[a] | = | Standard Deviation of returns on Atlas Lithium |
| STD[b] | = | Standard Deviation of selected market or benchmark |
| RFR | = | Risk Free Rate of return. Typically T-Bill Rate |
Total Risk Alpha Peers Comparison
Total Risk Alpha Relative To Other Indicators
Atlas Lithium is rated
below average in total risk alpha among leading competitors. It is currently under evaluation in maximum drawdown among leading competitors reporting about
31.91 of Maximum Drawdown per Total Risk Alpha. At
31.91 , Atlas Lithium's Maximum Drawdown-to-Total Risk Alpha multiple reflects the spread between these metrics
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund.
Compare Atlas Lithium to Peers
Other Technical Indicators