Allegro Competitors
| ALGM Stock | USD 36.91 1.07 2.82% |
Allegro Microsystems vs Sensata Technologies Correlation
Poor diversification
The correlation between Allegro Microsystems and ST is 0.67 (i.e., Poor diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Allegro Microsystems and ST in the same portfolio, assuming nothing else is changed.
Moving together with Allegro Stock
Moving against Allegro Stock
As of the 1st of February 2026, Return On Tangible Assets is likely to drop to 0.09. In addition to that, Return On Capital Employed is likely to drop to 0.12. At this time, Allegro Microsystems' Other Assets are very stable compared to the past year. As of the 1st of February 2026, Other Current Assets is likely to grow to about 112.5 M, while Net Tangible Assets are likely to drop about 732 M.Allegro Microsystems Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Allegro Microsystems and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Allegro and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Allegro Microsystems does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Allegro Stock performing well and Allegro Microsystems Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Allegro Microsystems' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| CAMT | 2.77 | 0.46 | 0.14 | (4.87) | 2.89 | 7.61 | 15.59 | |||
| SMTC | 2.54 | 0.16 | 0.06 | 0.11 | 2.99 | 5.78 | 18.27 | |||
| PI | 3.34 | (0.81) | 0.00 | (0.36) | 0.00 | 5.48 | 18.42 | |||
| SLAB | 1.88 | 0.03 | 0.03 | 0.05 | 2.03 | 4.49 | 11.70 | |||
| CRUS | 1.29 | (0.01) | (0.02) | 0.00 | 1.97 | 2.83 | 9.58 | |||
| ONTO | 2.46 | 0.71 | 0.27 | 1.22 | 2.16 | 5.53 | 10.98 | |||
| FORM | 3.05 | 0.90 | 0.25 | (11.62) | 3.04 | 6.53 | 33.79 | |||
| BMI | 1.66 | (0.36) | 0.00 | 1.76 | 0.00 | 2.71 | 16.79 | |||
| INGM | 1.46 | (0.10) | 0.00 | (0.04) | 0.00 | 3.53 | 9.36 | |||
| ST | 1.72 | 0.09 | 0.06 | 0.09 | 2.04 | 4.81 | 10.52 |
Cross Equities Net Income Analysis
Compare Allegro Microsystems and related stocks such as Camtek, Semtech, and Impinj Inc Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CAMT | 625 K | 5.4 M | 3 K | 7 K | 3.3 M | (10.1 M) | 4.7 M | 14 M | 18.7 M | 22 M | 21.8 M | 60.3 M | 79.9 M | 78.6 M | 118.5 M | 136.3 M | 143.1 M |
| SMTC | (900 K) | 89.1 M | 41.9 M | (164.5 M) | 27.9 M | 11.5 M | 54.7 M | 36.4 M | 63.1 M | 31.9 M | 59.9 M | 125.7 M | 61.4 M | (1.1 B) | (161.9 M) | (145.7 M) | (138.4 M) |
| PI | (9.9 M) | (11.1 M) | (11.1 M) | (11.1 M) | 297 K | 900 K | (1.7 M) | (17.3 M) | (35.2 M) | (23 M) | (51.9 M) | (51.3 M) | (24.3 M) | (43.4 M) | 40.8 M | 36.8 M | 38.6 M |
| SLAB | 11 M | 35.5 M | 63.5 M | 49.8 M | 38 M | 29.6 M | 61.5 M | 47.1 M | 83.6 M | 19.3 M | 12.5 M | 2.1 B | 91.4 M | (34.5 M) | (191 M) | (219.7 M) | (208.7 M) |
| CRUS | (8.4 M) | 88 M | 136.6 M | 108.1 M | 55.2 M | 123.6 M | 261.2 M | 162 M | 90 M | 159.5 M | 217.3 M | 326.4 M | 176.7 M | 274.6 M | 331.5 M | 381.2 M | 400.3 M |
| ONTO | 4.3 M | 25.2 M | 43.9 M | 3.5 M | (4.6 M) | 18 M | 37 M | 32.9 M | 45.1 M | 1.9 M | 31 M | 142.3 M | 223.3 M | 121.2 M | 201.7 M | 231.9 M | 243.5 M |
| FORM | 2.1 M | (66 M) | (35.5 M) | (57.7 M) | (19.2 M) | (1.5 M) | (6.6 M) | 40.9 M | 104 M | 39.3 M | 78.5 M | 83.9 M | 50.7 M | 82.4 M | 69.6 M | 80.1 M | 84.1 M |
| BMI | 1.3 M | 19.2 M | 28 M | 24.6 M | 29.7 M | 25.9 M | 32.3 M | 34.6 M | 27.8 M | 47.2 M | 49.3 M | 60.9 M | 66.5 M | 92.6 M | 124.9 M | 141.6 M | 148.7 M |
| INGM | 310.6 M | 310.6 M | 310.6 M | 310.6 M | 266.7 M | 215.1 M | 100.4 M | 199 M | 352.2 M | 503.6 M | 640.5 M | 475.2 M | 2.4 B | 352.7 M | 264.2 M | 303.9 M | 556.8 M |
| ST | (252.5 M) | 6.5 M | 177.5 M | 188.1 M | 283.7 M | 347.7 M | 262.4 M | 408.4 M | 599 M | 282.7 M | 164.3 M | 363.6 M | 310.7 M | (3.9 M) | 128.5 M | 147.7 M | 197.7 M |
Allegro Microsystems and related stocks such as Camtek, Semtech, and Impinj Inc Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Allegro Microsystems financial statement analysis. It represents the amount of money remaining after all of Allegro Microsystems operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Allegro Microsystems Competitive Analysis
The better you understand Allegro Microsystems competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Allegro Microsystems' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Allegro Microsystems' competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Allegro Microsystems Competition Performance Charts
Five steps to successful analysis of Allegro Microsystems Competition
Allegro Microsystems' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Allegro Microsystems in relation to its competition. Allegro Microsystems' competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Allegro Microsystems in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Allegro Microsystems' competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Allegro Microsystems, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Allegro Microsystems Correlation with its peers. To learn how to invest in Allegro Stock, please use our How to Invest in Allegro Microsystems guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Will Semiconductors & Semiconductor Equipment sector continue expanding? Could Allegro diversify its offerings? Factors like these will boost the valuation of Allegro Microsystems. If investors know Allegro will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Allegro Microsystems data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.48) | Earnings Share (0.07) | Revenue Per Share | Quarterly Revenue Growth 0.289 | Return On Assets |
Investors evaluate Allegro Microsystems using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Allegro Microsystems' intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Allegro Microsystems' market price to deviate significantly from intrinsic value.
Understanding that Allegro Microsystems' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Allegro Microsystems represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Allegro Microsystems' market price signifies the transaction level at which participants voluntarily complete trades.