Altair Engineering Price on October 28, 2024
| ALTRDelisted Stock | USD 111.85 0.05 0.04% |
If you're considering investing in Altair Stock, it is important to understand the factors that can impact its price. As of today, the current price of Altair Engineering stands at 111.85, as last reported on the 23rd of April, with the highest price reaching 111.91 and the lowest price hitting 111.70 during the day. Currently, Altair Engineering is very steady. Altair Engineering secures Sharpe Ratio (or Efficiency) of 0.2, which signifies that the company had a 0.2 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Altair Engineering, which you can use to evaluate the volatility of the firm. Please confirm Altair Engineering's Mean Deviation of 0.1883, risk adjusted performance of 0.2975, and Coefficient Of Variation of 489.53 to double-check if the risk estimate we provide is consistent with the expected return of 0.0283%.
Altair Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Altair |
Altair Engineering Valuation on October 28, 2024
It is possible to determine the worth of Altair Engineering on a given historical date. On October 28, 2024 Altair was worth 104.71 at the beginning of the trading date compared to the closed value of 102.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Altair Engineering stock. Still, in general, we apply an absolute valuation method to find Altair Engineering's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Altair Engineering where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Altair Engineering's related companies.
| Open | High | Low | Close | Volume | |
| 105.12 | 106.26 | 103.25 | 103.44 | 625,617 | |
10/28/2024 | 104.71 | 104.71 | 101.58 | 102.00 | 480,556 |
| 102.05 | 113.12 | 102.04 | 110.67 | 1,569,056 |
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Altair Engineering Trading Date Momentum on October 28, 2024
| On October 29 2024 Altair Engineering was traded for 110.67 at the closing time. The top price for the day was 113.12 and the lowest listed price was 102.04 . The trading volume for the day was 1.6 M. The trading history from October 29, 2024 was a factor to the next trading day price gain. The overall trading delta against the next closing price was 8.50% . The overall trading delta against the current closing price is 2.28% . |
Altair Engineering Fundamentals Correlations and Trends
By evaluating Altair Engineering's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Altair Engineering's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Altair financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Altair Engineering Stock history
Altair Engineering investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Altair is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Altair Engineering will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Altair Engineering stock prices may prove useful in developing a viable investing in Altair Engineering
Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence worldwide. Altair Engineering Inc. was incorporated in 1985 and is headquartered in Troy, Michigan. Altair Engineering operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 3050 people.
Altair Engineering Stock Technical Analysis
Altair Engineering technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, delisted stock market cycles, or different charting patterns.
Price Boundaries
Altair Engineering Period Price Range
Low | April 23, 2025
| High |
0.00 | 0.00 |
Altair Engineering cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Altair Engineering April 23, 2025 Market Strength
Market strength indicators help investors to evaluate how Altair Engineering stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Altair Engineering shares will generate the highest return on investment. By undertsting and applying Altair Engineering stock market strength indicators, traders can identify Altair Engineering entry and exit signals to maximize returns
Altair Engineering Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Altair Engineering's price direction in advance. Along with the technical and fundamental analysis of Altair Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Altair to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.2975 | |||
| Jensen Alpha | 0.0613 | |||
| Total Risk Alpha | 0.0896 | |||
| Sortino Ratio | 0.8163 | |||
| Treynor Ratio | 5.87 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Other Consideration for investing in Altair Stock
If you are still planning to invest in Altair Engineering check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Altair Engineering's history and understand the potential risks before investing.
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