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

ALGN vs. ALGM

Last updated May 20, 2025

Compare and contrast key facts about Align Technology, Inc. (ALGN) and Allegro MicroSystems, Inc. (ALGM).

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALGN or ALGM.

Correlation

The correlation between ALGN and ALGM is 0.61, 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

ALGN vs. ALGM - Performance Comparison

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

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Key characteristics

Sharpe Ratio

ALGN:

-0.79

ALGM:

-0.13

Sortino Ratio

ALGN:

-1.18

ALGM:

0.25

Omega Ratio

ALGN:

0.87

ALGM:

1.03

Calmar Ratio

ALGN:

-0.42

ALGM:

-0.14

Martin Ratio

ALGN:

-1.46

ALGM:

-0.32

Ulcer Index

ALGN:

23.34%

ALGM:

28.95%

Daily Std Dev

ALGN:

40.56%

ALGM:

64.65%

Max Drawdown

ALGN:

-92.80%

ALGM:

-68.65%

Current Drawdown

ALGN:

-74.68%

ALGM:

-48.56%

Fundamentals

Market Cap

ALGN:

$13.65B

ALGM:

$5.07B

EPS

ALGN:

$5.50

ALGM:

-$0.39

PS Ratio

ALGN:

3.43

ALGM:

6.99

PB Ratio

ALGN:

3.60

ALGM:

5.45

Total Revenue (TTM)

ALGN:

$3.98B

ALGM:

$725.01M

Gross Profit (TTM)

ALGN:

$2.79B

ALGM:

$321.53M

EBITDA (TTM)

ALGN:

$728.07M

ALGM:

-$8.39M

Returns By Period

In the year-to-date period, ALGN achieves a -11.35% return, which is significantly lower than ALGM's 24.06% return.

ALGN

YTD

-11.35%

1M

7.84%

6M

-19.60%

1Y

-31.92%

3Y*

-12.41%

5Y*

-4.77%

10Y*

12.04%

ALGM

YTD

24.06%

1M

50.17%

6M

40.96%

1Y

-8.53%

3Y*

4.70%

5Y*

N/A

10Y*

N/A

*Annualized

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Align Technology, Inc.

Allegro MicroSystems, Inc.

Risk-Adjusted Performance

ALGN vs. ALGM — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ALGN
The Risk-Adjusted Performance Rank of ALGN is 1212
Overall Rank
The Sharpe Ratio Rank of ALGN is 1010
Sharpe Ratio Rank
The Sortino Ratio Rank of ALGN is 99
Sortino Ratio Rank
The Omega Ratio Rank of ALGN is 1212
Omega Ratio Rank
The Calmar Ratio Rank of ALGN is 2323
Calmar Ratio Rank
The Martin Ratio Rank of ALGN is 77
Martin Ratio Rank
ALGM
The Risk-Adjusted Performance Rank of ALGM is 4343
Overall Rank
The Sharpe Ratio Rank of ALGM is 4444
Sharpe Ratio Rank
The Sortino Ratio Rank of ALGM is 4343
Sortino Ratio Rank
The Omega Ratio Rank of ALGM is 4242
Omega Ratio Rank
The Calmar Ratio Rank of ALGM is 4242
Calmar Ratio Rank
The Martin Ratio Rank of ALGM is 4444
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ALGN vs. ALGM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Align Technology, Inc. (ALGN) and Allegro MicroSystems, Inc. (ALGM). 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 ALGN Sharpe Ratio is -0.79, which is lower than the ALGM Sharpe Ratio of -0.13. The chart below compares the historical Sharpe Ratios of ALGN and ALGM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Dividends

ALGN vs. ALGM - Dividend Comparison

Neither ALGN nor ALGM has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

ALGN vs. ALGM - Drawdown Comparison

The maximum ALGN drawdown since its inception was -92.80%, which is greater than ALGM's maximum drawdown of -68.65%. Use the drawdown chart below to compare losses from any high point for ALGN and ALGM. For additional features, visit the drawdowns tool.

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Volatility

ALGN vs. ALGM - Volatility Comparison

The current volatility for Align Technology, Inc. (ALGN) is 9.76%, while Allegro MicroSystems, Inc. (ALGM) has a volatility of 21.63%. This indicates that ALGN experiences smaller price fluctuations and is considered to be less risky than ALGM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Financials

ALGN vs. ALGM - Financials Comparison

This section allows you to compare key financial metrics between Align Technology, Inc. and Allegro MicroSystems, 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

200.00M400.00M600.00M800.00M1.00B20212022202320242025
979.26M
192.82M
(ALGN) Total Revenue
(ALGM) Total Revenue
Values in USD except per share items

ALGN vs. ALGM - Profitability Comparison

The chart below illustrates the profitability comparison between Align Technology, Inc. and Allegro MicroSystems, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.
Gross Margin
Operating Margin
Net Margin
Quarterly
Annual
40.0%50.0%60.0%70.0%80.0%20212022202320242025
69.5%
41.4%
(ALGN) Gross Margin
(ALGM) Gross Margin
ALGN - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Align Technology, Inc. reported a gross profit of 680.11M and revenue of 979.26M. Therefore, the gross margin over that period was 69.5%.

ALGM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Allegro MicroSystems, Inc. reported a gross profit of 79.88M and revenue of 192.82M. Therefore, the gross margin over that period was 41.4%.

ALGN - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Align Technology, Inc. reported an operating income of 131.10M and revenue of 979.26M, resulting in an operating margin of 13.4%.

ALGM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Allegro MicroSystems, Inc. reported an operating income of -13.20M and revenue of 192.82M, resulting in an operating margin of -6.8%.

ALGN - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Align Technology, Inc. reported a net income of 93.23M and revenue of 979.26M, resulting in a net margin of 9.5%.

ALGM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Allegro MicroSystems, Inc. reported a net income of -14.80M and revenue of 192.82M, resulting in a net margin of -7.7%.