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Altair Engineering Inc. (ALTR)

Equity · Currency in USD · Last updated Aug 6, 2022

Company Info

ISINUS0213691035
CUSIP021369103
SectorTechnology
IndustrySoftware—Infrastructure

Trading Data

Previous Close$57.89
Year Range$49.03 - $80.73
EMA (50)$54.87
EMA (200)$61.05
Average Volume$363.30K
Market Capitalization$4.72B

ALTRShare Price Chart


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ALTRPerformance

The chart shows the growth of $10,000 invested in Altair Engineering Inc. in Nov 2017 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $31,617 for a total return of roughly 216.17%. All prices are adjusted for splits and dividends.


-20.00%-15.00%-10.00%-5.00%0.00%5.00%MarchAprilMayJuneJulyAugust
-8.96%
-9.63%
ALTR (Altair Engineering Inc.)
Benchmark (^GSPC)

ALTRReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M8.27%8.19%
6M-2.67%-7.42%
YTD-25.13%-13.03%
1Y-16.17%-5.85%
5Y27.42%10.50%
10Y27.42%10.50%

ALTRMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-18.62%5.56%-3.04%-15.65%1.18%-4.48%12.21%-1.73%
2021-3.87%10.12%1.59%3.88%3.65%2.37%1.15%6.06%-6.83%12.84%-4.29%3.85%
20202.90%-5.82%-23.85%24.49%18.49%1.69%1.38%4.27%-0.10%2.50%25.26%7.94%
201917.40%9.51%3.81%7.14%-3.37%5.98%3.02%-17.42%0.76%6.50%-10.04%8.26%
201811.20%-1.05%19.15%-7.59%21.43%-2.87%2.69%19.00%4.02%-12.22%-15.29%-14.64%
201722.28%6.83%

ALTRSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Altair Engineering Inc. Sharpe ratio is -0.50. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-0.500.000.501.00MarchAprilMayJuneJulyAugust
-0.50
-0.31
ALTR (Altair Engineering Inc.)
Benchmark (^GSPC)

ALTRDividend History


Altair Engineering Inc. doesn't pay dividends

ALTRDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-40.00%-30.00%-20.00%-10.00%0.00%SeptemberOctoberNovemberDecember2022FebruaryMarchAprilMayJuneJulyAugust
-28.29%
-13.58%
ALTR (Altair Engineering Inc.)
Benchmark (^GSPC)

ALTRWorst Drawdowns

The table below shows the maximum drawdowns of the Altair Engineering Inc.. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Altair Engineering Inc. is 46.05%, recorded on Apr 2, 2020. It took 126 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-46.05%Oct 1, 2018379Apr 2, 2020126Oct 1, 2020505
-39.27%Nov 5, 2021172Jul 14, 2022
-17.33%Feb 16, 202115Mar 8, 202134Apr 26, 202149
-15.66%Nov 27, 201714Dec 14, 201712Jan 3, 201826
-12.86%Mar 27, 201822Apr 26, 201813May 15, 201835
-11.86%Jan 13, 202110Jan 27, 20216Feb 4, 202116
-11.18%Jan 11, 20184Jan 17, 201834Mar 7, 201838
-10.2%Jun 30, 202112Jul 16, 202115Aug 6, 202127
-9.79%Aug 25, 202125Sep 29, 202118Oct 25, 202143
-9.2%Oct 26, 20205Oct 30, 20204Nov 5, 20209

ALTRVolatility Chart

Current Altair Engineering Inc. volatility is 47.06%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%20.00%30.00%40.00%50.00%60.00%MarchAprilMayJuneJulyAugust
47.06%
19.67%
ALTR (Altair Engineering Inc.)
Benchmark (^GSPC)