Altair Corp Stock Performance
| ATCD Stock | USD 1,490 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Altair Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Altair Corp is expected to be smaller as well. At this point, Altair Corp has a negative expected return of -0.0088%. Please make sure to confirm Altair Corp's jensen alpha, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Altair Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
Weakest
Weak | Strong |
Over the last 90 days Altair Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental indicators, Altair Corp is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
Altair |
Altair Corp Relative Risk vs. Return Landscape
If you would invest 150,000 in Altair Corp on October 30, 2025 and sell it today you would lose (1,000.00) from holding Altair Corp or give up 0.67% of portfolio value over 90 days. Altair Corp is currently does not generate positive expected returns and assumes 0.6895% risk (volatility on return distribution) over the 90 days horizon. In different words, 6% of pink sheets are less volatile than Altair, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Altair Corp Target Price Odds to finish over Current Price
The tendency of Altair Pink Sheet price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 1,490 | 90 days | 1,490 | about 52.99 |
Based on a normal probability distribution, the odds of Altair Corp to move above the current price in 90 days from now is about 52.99 (This Altair Corp probability density function shows the probability of Altair Pink Sheet to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Altair Corp has a beta of 0.24. This suggests as returns on the market go up, Altair Corp average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Altair Corp will be expected to be much smaller as well. Additionally Altair Corp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Altair Corp Price Density |
| Price |
Predictive Modules for Altair Corp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Altair Corp. Regardless of method or technology, however, to accurately forecast the pink sheet market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the pink sheet market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.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 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Altair Corp is not an exception. The market had few large corrections towards the Altair Corp's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Altair Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Altair Corp within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 12.12 | |
Ir | Information ratio | -0.13 |
Altair Corp Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Altair Corp for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Altair Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Altair Corp generated a negative expected return over the last 90 days |
Altair Corp Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Altair Pink Sheet often depends not only on the future outlook of the current and potential Altair Corp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Altair Corp's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.0273 | |
| Forward Annual Dividend Rate | 60.16 |
Altair Corp Fundamentals Growth
Altair Pink Sheet prices reflect investors' perceptions of the future prospects and financial health of Altair Corp, and Altair Corp 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 Pink Sheet performance.
| Shares Outstanding | 1.18 M | |||
About Altair Corp Performance
By analyzing Altair Corp's fundamental ratios, stakeholders can gain valuable insights into Altair Corp's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Altair Corp has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Altair Corp has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
The company offers computers, relays and industrial controls, and industrial machinery. The company was founded in 1937 and is based in Lincolnshire, Illinois. Altair Corp is traded on OTC Exchange in the United States.Things to note about Altair Corp performance evaluation
Checking the ongoing alerts about Altair Corp for important developments is a great way to find new opportunities for your next move. Pink Sheet alerts and notifications screener for Altair Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Altair Corp generated a negative expected return over the last 90 days |
- Analyzing Altair Corp'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 Corp's stock is overvalued or undervalued compared to its peers.
- Examining Altair Corp'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 Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Altair Corp's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Altair Corp's pink sheet. These opinions can provide insight into Altair Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Altair Pink Sheet analysis
When running Altair Corp's price analysis, check to measure Altair Corp'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 Corp is operating at the current time. Most of Altair Corp's value examination focuses on studying past and present price action to predict the probability of Altair Corp'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 Corp's price. Additionally, you may evaluate how the addition of Altair Corp to your portfolios can decrease your overall portfolio volatility.
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