ALT vs. TQQQ

In the year-to-date period, ALT achieves a -26.49% return, which is significantly lower than TQQQ's -9.24% return. Over the past 10 years, ALT has underperformed TQQQ with an annualized return of -37.00%, while TQQQ has yielded a comparatively higher 31.85% annualized return.

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This table presents a comparison of risk-adjusted performance metrics for Altimmune, Inc. (ALT) and ProShares UltraPro QQQ (TQQQ). 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 ALT Sharpe Ratio is -0.36, which is lower than the TQQQ Sharpe Ratio of 0.21. The chart below compares the historical Sharpe Ratios of ALT and TQQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

ALT has not paid dividends to shareholders, while TQQQ's dividend yield for the trailing twelve months is around 1.38%.

The maximum ALT drawdown since its inception was -99.94%, which is greater than TQQQ's maximum drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for ALT and TQQQ.

Altimmune, Inc. (ALT) has a higher volatility of 23.45% compared to ProShares UltraPro QQQ (TQQQ) at 16.29%. This indicates that ALT's price experiences larger fluctuations and is considered to be riskier than TQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.