David Simon - Altair Engineering Senior Relations

ALTR Stock  USD 104.35  0.02  0.02%   

Executive

David Simon is Senior Relations of Altair Engineering
Age 60
Address 1820 East Big Beaver Road, Troy, MI, United States, 48083
Phone248 614 2400
Webhttps://www.altair.com

David Simon Latest Insider Activity

Tracking and analyzing the buying and selling activities of David Simon against Altair Engineering stock is an integral part of due diligence when investing in Altair Engineering. David Simon insider activity provides valuable insight into whether Altair Engineering is net buyers or sellers over its current business cycle. Note, Altair Engineering insiders must abide by specific rules, including filing SEC forms every time they buy or sell Altair Engineering'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Altair Engineering Management Efficiency

The company has return on total asset (ROA) of 0.0146 % which means that it generated a profit of $0.0146 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0447 %, meaning that it created $0.0447 on every $100 dollars invested by stockholders. Altair Engineering's management efficiency ratios could be used to measure how well Altair Engineering manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/22/2024, Return On Tangible Assets is likely to drop to -0.01. In addition to that, Return On Capital Employed is likely to drop to 0.0002. At this time, Altair Engineering's Non Currrent Assets Other are relatively stable compared to the past year. As of 11/22/2024, Other Current Assets is likely to grow to about 64.8 M, while Net Tangible Assets are likely to drop slightly above 10.1 M.
Altair Engineering currently holds 338.83 M in liabilities with Debt to Equity (D/E) ratio of 0.59, which is about average as compared to similar companies. Altair Engineering has a current ratio of 2.9, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Altair Engineering's use of debt, we should always consider it together with its cash and equity.

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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 (ALTR) is traded on NASDAQ Exchange in USA. It is located in 1820 East Big Beaver Road, Troy, MI, United States, 48083 and employs 3,400 people. Altair Engineering is listed under Application Software category by Fama And French industry classification.

Management Performance

Altair Engineering Leadership Team

Elected by the shareholders, the Altair Engineering's board of directors comprises two types of representatives: Altair Engineering inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Altair. The board's role is to monitor Altair Engineering's management team and ensure that shareholders' interests are well served. Altair Engineering's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Altair Engineering's outside directors are responsible for providing unbiased perspectives on the board's policies.
Matthew Brown, Chief Officer
Nelson Dias, Chief Officer
Stephanie Buckner, Chief Officer
Srikanth Mahalingam, Chief Officer
Gilma Saravia, Chief Officer
Martin Nichols, Chief Officer
David Simon, Senior Relations
Amy Messano, Chief Officer
Matthew MD, Chief Officer
Ravi Kunju, Chief Officer
Brian Gayle, Chief Officer
Raoul Maitra, Chief Officer
Uwe Schramm, Ex Officer
James Scapa, Chairman Founder
Stephen Palmtag, Head Relations

Altair Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Altair Engineering a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Altair Engineering

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Altair Engineering position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Altair Engineering will appreciate offsetting losses from the drop in the long position's value.

Moving together with Altair Stock

  0.82S SentinelOnePairCorr

Moving against Altair Stock

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  0.7VHAI VHAIPairCorr
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  0.38FAAS DigiAsia Corp Symbol ChangePairCorr
  0.32MQ MarqetaPairCorr
The ability to find closely correlated positions to Altair Engineering could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altair Engineering when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Altair Engineering - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Altair Engineering to buy it.
The correlation of Altair Engineering is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Altair Engineering moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altair Engineering moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Altair Engineering can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Altair Stock Analysis

When running Altair Engineering's price analysis, check to measure Altair Engineering'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 Altair Engineering is operating at the current time. Most of Altair Engineering's value examination focuses on studying past and present price action to predict the probability of Altair Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altair Engineering's price. Additionally, you may evaluate how the addition of Altair Engineering to your portfolios can decrease your overall portfolio volatility.