Methodology

Each public company is scored 0–100 on five axes, then combined into a composite:

• Fundamental quality (35%) — growth, profitability, FCF generation, balance sheet, moat/AI relevance, capital intensity, customer diversification, valuation discipline.
• AI strategic relevance (20%) — curated 0–100 score based on revenue exposure, infrastructure position, and bottleneck role.
• Valuation (15%) — growth-adjusted EV/Sales for SaaS-like names, P/FCF or fwd P/E for cash-generative compounders, EV/EBITDA for capital-intensive cyclicals.
• Technical strength (15%) — trend (MA50/MA200), momentum (3/6/12-month RS vs. S&P), realized volatility.
• Risk adjustment (15%) — higher = safer; derived from the average curated risk severity (1–5) for the name.

Fundamental scoring also produces a segment-relative percentile so a foundry is not judged on the same yardstick as a SaaS app.

Public-company prices, market caps, valuation multiples, margins, revenue, FCF, cash, and debt are fetched live from Yahoo Finance via the yahoo-finance2 client and cached to src/data/_cache/yahoo.json. Re-run npm run fetch:yahoo to refresh; the timestamp visible in the footer is when the snapshot was last taken.

Foreign-listed primary tickers (Korean, Taiwanese, German, French, Japanese, Indian) are fetched against their local symbol and normalized to USD using a per-currency FX table. Yahoo reports price/market cap in trading currency and revenue/cash/debt in the company's reporting currency — those are converted independently and enterprise value is computed in USD as mcap + debt − cash.

Curated, hand-maintained data layered on top of Yahoo:

• Company descriptions, why-it-matters narratives, products, customers, competitors.
• AI exposure tags, AI relevance scores, thesis-pillar mapping.
• Risk panels (severity 1–5) and investment view labels (Strategic Compounder, Critical Bottleneck, etc.).
• Situational Awareness LP positioning (Long / Long Put) per public 13F reporting.
• Market size estimates per segment — illustrative, intended to be replaced with Gartner / IDC / Omdia / Dell'Oro / TrendForce licensed data in production.
• Private companies (~30) carry curated financials since they have no Yahoo footprint.

When a field is missing from Yahoo (older ADR coverage, thin volume tickers), ATLAS falls back to a curated seed value for that field. The technical scoring runs on real 1-year price series for all 113 public tickers.