Atlas OTC Stock Performance

REMRF
 Stock
  

USD 1.28  0.05  3.76%   

The firm shows a Beta (market volatility) of 3.1061, which signifies a somewhat significant risk relative to the market. Let's try to break down what Atlas's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Atlas Salt will likely underperform. Although it is important to respect Atlas Salt historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Atlas Salt technical indicators, you can presently evaluate if the expected return of 0.0758% will be sustainable into the future. Atlas Salt right now shows a risk of 11.98%. Please confirm Atlas Salt kurtosis, day median price, as well as the relationship between the downside variance and treynor ratio to decide if Atlas Salt will be following its price patterns.
  
Atlas Performance
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Over the last 90 days Atlas Salt has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound basic indicators, Atlas Salt is not utilizing all of its potentials. The latest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more

Atlas Price Channel

Quick Ratio27.26
Fifty Two Week Low0.5710
Fifty Two Week High3.5200

Atlas Salt Relative Risk vs. Return Landscape

If you would invest  189.00  in Atlas Salt on July 3, 2022 and sell it today you would lose (61.00)  from holding Atlas Salt or give up 32.28% of portfolio value over 90 days. Atlas Salt is currently producing 0.0758% returns and takes up 11.9788% volatility of returns over 90 trading days. Put another way, most equities are less risky on the basis of their return distribution than Atlas, and majority of traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days horizon Atlas Salt is expected to generate 10.39 times more return on investment than the market. However, the company is 10.39 times more volatile than its market benchmark. It trades about 0.01 of its potential returns per unit of risk. The DOW is currently generating roughly -0.1 per unit of risk.

Atlas Salt Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Atlas Salt's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as Atlas Salt, and traders can use it to determine the average amount a Atlas Salt's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0063

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Estimated Market Risk
 11.98
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 96 %
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Based on monthly moving average Atlas Salt is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Atlas Salt by adding it to a well-diversified portfolio.

About Atlas Salt Performance

To evaluate Atlas Salt OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Atlas Salt generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Atlas OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Atlas Salt market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Atlas's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Atlas Salt Inc., a junior mineral exploration company, engages in the acquisition, evaluation, and exploration of mineral properties in Newfoundland and Labrador, Canada. Atlas Salt Inc. was incorporated in 2011 and is headquartered in St. Atlas Salt is traded on OTC Exchange in the United States.

Things to note about Atlas Salt

Checking the ongoing alerts about Atlas Salt for important developments is a great way to find new opportunities for your next move. OTC Stock alerts and notifications screener for Atlas Salt help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Atlas Salt Alerts

Equity Alerts and Improvement Suggestions

Atlas Salt has very high historical volatility over the last 90 days
Atlas Salt may become a speculative penny stock
Atlas Salt has high likelihood to experience some financial distress in the next 2 years
Net Loss for the year was (2.32 M).
Atlas Salt has accumulated about 8.51 M in cash with (1.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.11.
Roughly 42.0% of the company outstanding shares are owned by corporate insiders
Latest headline from finance.yahoo.com: We Think Atlas Salt Can Afford To Drive Business Growth - Yahoo Finance
Additionally, take a look at Your Equity Center. You can also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running Atlas Salt price analysis, check to measure Atlas Salt's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Atlas Salt is operating at the current time. Most of Atlas Salt's value examination focuses on studying past and present price action to predict the probability of Atlas Salt's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Atlas Salt's price. Additionally, you may evaluate how the addition of Atlas Salt to your portfolios can decrease your overall portfolio volatility.
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Is Atlas Salt's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Atlas Salt. If investors know Atlas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Atlas Salt listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Atlas Salt is measured differently than its book value, which is the value of Atlas that is recorded on the company's balance sheet. Investors also form their own opinion of Atlas Salt's value that differs from its market value or its book value, called intrinsic value, which is Atlas Salt's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Atlas Salt's market value can be influenced by many factors that don't directly affect Atlas Salt's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Atlas Salt's value and its price as these two are different measures arrived at by different means. Investors typically determine Atlas Salt value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlas Salt's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.