ALGM vs. SNPS

In the year-to-date period, ALGM achieves a -2.47% return, which is significantly higher than SNPS's -20.03% return.

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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.

The current ALGM Sharpe Ratio is -0.31, which is higher than the SNPS Sharpe Ratio of -0.88. 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.

Neither ALGM nor SNPS has paid dividends to shareholders.

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.

Allegro MicroSystems, Inc. (ALGM) has a higher volatility of 30.16% compared to Synopsys, Inc. (SNPS) at 17.21%. This indicates that ALGM's price experiences larger fluctuations and is considered to be riskier than SNPS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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.