Altair Engineering Stock Performance
| ALTR Stock | USD 110.85 0.15 0.14% |
Altair Engineering has a performance score of 20 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0822, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Altair Engineering's returns are expected to increase less than the market. However, during the bear market, the loss of holding Altair Engineering is expected to be smaller as well. Altair Engineering right now shows a risk of 0.41%. Please confirm Altair Engineering potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Altair Engineering will be following its price patterns.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Altair Engineering are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. Even with relatively weak basic indicators, Altair Engineering may actually be approaching a critical reversion point that can send shares even higher in March 2025. ...more
Actual Historical Performance (%)
One Day Return 0.14 | Five Day Return 0.38 | Year To Date Return 1.41 | Ten Year Return 505.41 | All Time Return 505.41 |
1 | Disposition of 6500 shares by James R. Scapa Declaration Of Trust of Altair Engineering at 105.6904 subject to Rule 16b-3 | 11/29/2024 |
2 | Altair Engineering CEO James Scapa sells 1.7 million in stock | 12/05/2024 |
3 | Disposition of 1800 shares by Stephanie Buckner of Altair Engineering at .82 subject to Rule 16b-3 | 12/16/2024 |
4 | Sonys Record Climb Makes Investors More Bullish on Gaming Boom | 12/20/2024 |
5 | Disposition of 2176 shares by Christ George J of Altair Engineering at 95.3144 subject to Rule 16b-3 | 01/06/2025 |
6 | SHAREHOLDER NOTICE Halper Sadeh LLC Investigates ZUO, SASR, ALTR on Behalf of Shareholders | 01/07/2025 |
7 | Altair Engineering Inc Stockholders Approve Merger with Siemens | 01/22/2025 |
8 | Altair Engineering Inc Partners with Cranfield University to Enhance AI and Simulation ... | 01/28/2025 |
9 | Intel Q4 Earnings Preview CEO Search, PC Demand, Spinoffs On Watch | 01/30/2025 |
10 | Intel Q4 2024 Earnings Call Transcript | 01/31/2025 |
11 | Altair Engineering AI-Driven HPC Upgrades Supercharge Cloud Simulation | 02/05/2025 |
12 | Altair Engineering Inc Partners with Meridian Flight Systems to Accelerate UAV Development | 02/06/2025 |
13 | Disposition of 1048 shares by Matthew Brown of Altair Engineering at 108.9 subject to Rule 16b-3 | 02/07/2025 |
14 | Four Community Hospital Systems to Implement Paragon Denali from Altera Digital Health | 02/11/2025 |
15 | Altair and LTTS Launch 5G-6G Wireless Center of Excellence to Shape the Future of Telecommunications Innovation | 02/13/2025 |
| Begin Period Cash Flow | 317 M |
Altair |
Altair Engineering Relative Risk vs. Return Landscape
If you would invest 10,387 in Altair Engineering on November 18, 2024 and sell it today you would earn a total of 698.00 from holding Altair Engineering or generate 6.72% return on investment over 90 days. Altair Engineering is currently generating 0.1075% in daily expected returns and assumes 0.4074% risk (volatility on return distribution) over the 90 days horizon. In different words, 3% of stocks are less volatile than Altair, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Altair Engineering Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altair Engineering's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Altair Engineering, and traders can use it to determine the average amount a Altair Engineering's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2638
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Estimated Market Risk
| 0.41 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.11 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Altair Engineering is performing at about 20% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Altair Engineering by adding it to a well-diversified portfolio.
Altair Engineering Fundamentals Growth
Altair Stock prices reflect investors' perceptions of the future prospects and financial health of Altair Engineering, and Altair Engineering fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Altair Stock performance.
| Return On Equity | 0.0447 | ||||
| Return On Asset | 0.0146 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | (0.03) % | ||||
| Current Valuation | 9.23 B | ||||
| Shares Outstanding | 60.14 M | ||||
| Price To Earning | 29.59 X | ||||
| Price To Book | 11.33 X | ||||
| Price To Sales | 14.71 X | ||||
| Revenue | 612.7 M | ||||
| Gross Profit | 524.06 M | ||||
| EBITDA | 57.86 M | ||||
| Net Income | (8.93 M) | ||||
| Cash And Equivalents | 416.14 M | ||||
| Cash Per Share | 5.20 X | ||||
| Total Debt | 338.83 M | ||||
| Debt To Equity | 0.59 % | ||||
| Current Ratio | 2.96 X | ||||
| Book Value Per Share | 9.85 X | ||||
| Cash Flow From Operations | 127.31 M | ||||
| Earnings Per Share | 0.40 X | ||||
| Market Capitalization | 9.48 B | ||||
| Total Asset | 1.36 B | ||||
| Retained Earnings | (130.5 M) | ||||
| Working Capital | 376.51 M | ||||
| Current Asset | 3.29 B | ||||
| Current Liabilities | 575.31 M | ||||
About Altair Engineering Performance
Assessing Altair Engineering's fundamental ratios provides investors with valuable insights into Altair Engineering's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Altair Engineering is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.01) | (0.01) | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.01) | (0.01) |
Things to note about Altair Engineering performance evaluation
Checking the ongoing alerts about Altair Engineering for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Altair Engineering help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reported the previous year's revenue of 612.7 M. Net Loss for the year was (8.93 M) with profit before overhead, payroll, taxes, and interest of 524.06 M. | |
| Over 97.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from finance.yahoo.com: Altair and LTTS Launch 5G-6G Wireless Center of Excellence to Shape the Future of Telecommunications Innovation |
- Analyzing Altair Engineering's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Altair Engineering's stock is overvalued or undervalued compared to its peers.
- Examining Altair Engineering's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Altair Engineering's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Altair Engineering's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Altair Engineering's stock. These opinions can provide insight into Altair Engineering's potential for growth and whether the stock is currently undervalued or overvalued.
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.