ALGM vs. SMTC
Compare and contrast key facts about Allegro MicroSystems, Inc. (ALGM) and Semtech Corporation (SMTC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALGM or SMTC.
Correlation
The correlation between ALGM and SMTC is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ALGM vs. SMTC - Performance Comparison
Key characteristics
ALGM:
-0.45
SMTC:
-0.10
ALGM:
-0.32
SMTC:
0.46
ALGM:
0.96
SMTC:
1.07
ALGM:
-0.41
SMTC:
-0.12
ALGM:
-1.02
SMTC:
-0.30
ALGM:
27.50%
SMTC:
28.19%
ALGM:
62.93%
SMTC:
85.22%
ALGM:
-68.65%
SMTC:
-85.40%
ALGM:
-64.21%
SMTC:
-68.11%
Fundamentals
ALGM:
$3.23B
SMTC:
$2.54B
ALGM:
-$0.37
SMTC:
-$2.26
ALGM:
4.17
SMTC:
2.79
ALGM:
3.31
SMTC:
4.33
ALGM:
$532.18M
SMTC:
$909.29M
ALGM:
$241.65M
SMTC:
$458.52M
ALGM:
$4.81M
SMTC:
-$44.56M
Returns By Period
In the year-to-date period, ALGM achieves a -13.68% return, which is significantly higher than SMTC's -52.56% return.
ALGM
-13.68%
-30.47%
-12.56%
-34.41%
N/A
N/A
SMTC
-52.56%
-26.78%
-33.48%
-13.45%
-7.46%
2.28%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ALGM vs. SMTC — Risk-Adjusted Performance Rank
ALGM
SMTC
ALGM vs. SMTC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Allegro MicroSystems, Inc. (ALGM) and Semtech Corporation (SMTC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ALGM vs. SMTC - Dividend Comparison
Neither ALGM nor SMTC has paid dividends to shareholders.
Drawdowns
ALGM vs. SMTC - Drawdown Comparison
The maximum ALGM drawdown since its inception was -68.65%, smaller than the maximum SMTC drawdown of -85.40%. Use the drawdown chart below to compare losses from any high point for ALGM and SMTC. For additional features, visit the drawdowns tool.
Volatility
ALGM vs. SMTC - Volatility Comparison
Allegro MicroSystems, Inc. (ALGM) and Semtech Corporation (SMTC) have volatilities of 33.61% and 35.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ALGM vs. SMTC - Financials Comparison
This section allows you to compare key financial metrics between Allegro MicroSystems, Inc. and Semtech Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities