Altair Corp Stock Performance
| ATCD Stock | USD 1,490 0.00 0.00% |
The firm shows a Beta (market volatility) of 0.0374, 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 -0.0085%. 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
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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 21, 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 0.6781% 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 |
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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 = -0.0126
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| Negative Returns | ATCD |
Based on monthly moving average Altair Corp is not performing at its full potential. However, 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 Altair Corp 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 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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