Altair Corp Stock Performance
On a scale of 0 to 100, Altair Corp holds a performance score of 11. The firm shows a Beta (market volatility) of -0.0389, 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 standard deviation, as well as the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Altair Corp's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Altair Corp are ranked lower than 11 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile fundamental indicators, Altair Corp exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
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Altair Corp Relative Risk vs. Return Landscape
If you would invest 118,100 in Altair Corp on September 27, 2025 and sell it today you would earn a total of 30,900 from holding Altair Corp or generate 26.16% return on investment over 90 days. Altair Corp is currently generating 0.4058% in daily expected returns and assumes 2.8814% risk (volatility on return distribution) over the 90 days horizon. In different words, 25% of pink sheets are less volatile than Altair, and 92% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
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Altair Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altair Corp's investment risk. Standard deviation is the most common way to measure market volatility of pink sheets, such as Altair Corp, and traders can use it to determine the average amount a Altair Corp'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 = 0.1408
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Based on monthly moving average Altair Corp is performing at about 11% 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 Corp by adding it to a well-diversified portfolio.
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 is not yet fully synchronised with the market data |
- 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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