Altair Corp Stock Market Value
| ATCD Stock | USD 1,490 0.00 0.00% |
| Symbol | Altair |
Altair Corp 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Altair Corp's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Altair Corp.
| 11/26/2025 |
| 12/26/2025 |
If you would invest 0.00 in Altair Corp on November 26, 2025 and sell it all today you would earn a total of 0.00 from holding Altair Corp or generate 0.0% return on investment in Altair Corp over 30 days. Altair Corp is related to or competes with Pfeiffer Vacuum, Chervon Holdings, Electrolux Professional, Harmonic Drive, Dürr Aktiengesellscha, DEUTZ Aktiengesellscha, and Bodycote Plc. The company offers computers, relays and industrial controls, and industrial machinery More
Altair Corp Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Altair Corp's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Altair Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1091 | |||
| Maximum Drawdown | 25.9 |
Altair Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altair Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Altair Corp's standard deviation. In reality, there are many statistical measures that can use Altair Corp historical prices to predict the future Altair Corp's volatility.| Risk Adjusted Performance | 0.1043 | |||
| Jensen Alpha | 0.3888 | |||
| Total Risk Alpha | 0.0963 | |||
| Treynor Ratio | (2.31) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Altair Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Altair Corp Backtested Returns
Altair Corp appears to be very steady, given 3 months investment horizon. Altair Corp secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14 % return per unit of risk over the last 3 months. We have found sixteen technical indicators for Altair Corp, which you can use to evaluate the volatility of the firm. Please makes use of Altair Corp's Mean Deviation of 0.8607, standard deviation of 2.82, and Risk Adjusted Performance of 0.1043 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Altair Corp holds a performance score of 11. The firm shows a Beta (market volatility) of -0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Altair Corp are expected to decrease at a much lower rate. During the bear market, Altair Corp is likely to outperform the market. Please check Altair Corp's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to make a quick decision on whether Altair Corp's price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Altair Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Altair Corp time series from 26th of November 2025 to 11th of December 2025 and 11th of December 2025 to 26th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Altair Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Altair Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Altair Corp lagged returns against current returns
Autocorrelation, which is Altair Corp pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Altair Corp's pink sheet expected returns. We can calculate the autocorrelation of Altair Corp returns to help us make a trade decision. For example, suppose you find that Altair Corp has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Altair Corp regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Altair Corp pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Altair Corp pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Altair Corp pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Altair Corp Lagged Returns
When evaluating Altair Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Altair Corp pink sheet have on its future price. Altair Corp autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Altair Corp autocorrelation shows the relationship between Altair Corp pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Altair Corp.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Altair Pink Sheet
Altair Corp financial ratios help investors to determine whether Altair Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Altair with respect to the benefits of owning Altair Corp security.