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ALGM vs. SNPS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between ALGM and SNPS is 0.57, 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.


-0.50.00.51.00.6

Performance

ALGM vs. SNPS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allegro MicroSystems, Inc. (ALGM) and Synopsys, Inc. (SNPS). The values are adjusted to include any dividend payments, if applicable.

-30.00%-20.00%-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-21.97%
-18.11%
ALGM
SNPS

Key characteristics

Sharpe Ratio

ALGM:

-0.56

SNPS:

-0.27

Sortino Ratio

ALGM:

-0.59

SNPS:

-0.13

Omega Ratio

ALGM:

0.93

SNPS:

0.98

Calmar Ratio

ALGM:

-0.44

SNPS:

-0.40

Martin Ratio

ALGM:

-1.20

SNPS:

-0.85

Ulcer Index

ALGM:

23.34%

SNPS:

11.90%

Daily Std Dev

ALGM:

49.95%

SNPS:

37.26%

Max Drawdown

ALGM:

-63.83%

SNPS:

-60.95%

Current Drawdown

ALGM:

-59.05%

SNPS:

-20.19%

Fundamentals

Market Cap

ALGM:

$4.06B

SNPS:

$78.89B

EPS

ALGM:

-$0.14

SNPS:

$9.24

Total Revenue (TTM)

ALGM:

$849.88M

SNPS:

$6.27B

Gross Profit (TTM)

ALGM:

$417.53M

SNPS:

$4.92B

EBITDA (TTM)

ALGM:

$87.94M

SNPS:

$1.63B

Returns By Period

In the year-to-date period, ALGM achieves a -28.68% return, which is significantly lower than SNPS's -3.70% return.


ALGM

YTD

-28.68%

1M

7.20%

6M

-21.97%

1Y

-29.51%

5Y*

N/A

10Y*

N/A

SNPS

YTD

-3.70%

1M

-7.14%

6M

-18.73%

1Y

-10.12%

5Y*

28.85%

10Y*

27.45%

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Risk-Adjusted Performance

ALGM vs. SNPS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Allegro MicroSystems, Inc. (ALGM) and Synopsys, Inc. (SNPS). 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.


Sharpe ratio
The chart of Sharpe ratio for ALGM, currently valued at -0.56, compared to the broader market-4.00-2.000.002.00-0.56-0.27
The chart of Sortino ratio for ALGM, currently valued at -0.59, compared to the broader market-4.00-2.000.002.004.00-0.59-0.13
The chart of Omega ratio for ALGM, currently valued at 0.93, compared to the broader market0.501.001.502.000.930.98
The chart of Calmar ratio for ALGM, currently valued at -0.44, compared to the broader market0.002.004.006.00-0.44-0.40
The chart of Martin ratio for ALGM, currently valued at -1.20, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.20-0.85
ALGM
SNPS

The current ALGM Sharpe Ratio is -0.56, which is lower than the SNPS Sharpe Ratio of -0.27. The chart below compares the historical Sharpe Ratios of ALGM and SNPS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
-0.56
-0.27
ALGM
SNPS

Dividends

ALGM vs. SNPS - Dividend Comparison

Neither ALGM nor SNPS has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

ALGM vs. SNPS - Drawdown Comparison

The maximum ALGM drawdown since its inception was -63.83%, roughly equal to the maximum SNPS drawdown of -60.95%. Use the drawdown chart below to compare losses from any high point for ALGM and SNPS. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-59.05%
-20.19%
ALGM
SNPS

Volatility

ALGM vs. SNPS - Volatility Comparison

The current volatility for Allegro MicroSystems, Inc. (ALGM) is 12.36%, while Synopsys, Inc. (SNPS) has a volatility of 15.52%. This indicates that ALGM experiences smaller price fluctuations and is considered to be less risky than SNPS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
12.36%
15.52%
ALGM
SNPS

Financials

ALGM vs. SNPS - Financials Comparison

This section allows you to compare key financial metrics between Allegro MicroSystems, Inc. and Synopsys, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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