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

ALTR vs. ALGM

Last updated Apr 28, 2025

Compare and contrast key facts about Altair Engineering Inc. (ALTR) and Allegro MicroSystems, Inc. (ALGM).

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

Correlation

The correlation between ALTR and ALGM is 0.59, 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.

-0.50.00.51.0
Correlation: 0.6

Performance

ALTR vs. ALGM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Altair Engineering Inc. (ALTR) and Allegro MicroSystems, Inc. (ALGM). The values are adjusted to include any dividend payments, if applicable.
0.00%50.00%100.00%150.00%NovemberDecember2025FebruaryMarchApril
148.11%
8.02%
ALTR
ALGM

Key characteristics

Fundamentals

Market Cap

ALTR:

$9.63B

ALGM:

$3.52B

EPS

ALTR:

$0.16

ALGM:

-$0.35

PS Ratio

ALTR:

14.47

ALGM:

4.56

PB Ratio

ALTR:

11.24

ALGM:

3.77

Total Revenue (TTM)

ALTR:

$492.88M

ALGM:

$532.18M

Gross Profit (TTM)

ALTR:

$391.34M

ALGM:

$241.65M

EBITDA (TTM)

ALTR:

$34.76M

ALGM:

$4.81M

Returns By Period

ALTR

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

ALGM

YTD

-12.53%

1M

-23.09%

6M

-17.01%

1Y

-36.48%

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

ALTR vs. ALGM — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ALTR
The Risk-Adjusted Performance Rank of ALTR is 8686
Overall Rank
The Sharpe Ratio Rank of ALTR is 8686
Sharpe Ratio Rank
The Sortino Ratio Rank of ALTR is 8383
Sortino Ratio Rank
The Omega Ratio Rank of ALTR is 8484
Omega Ratio Rank
The Calmar Ratio Rank of ALTR is 9191
Calmar Ratio Rank
The Martin Ratio Rank of ALTR is 8686
Martin Ratio Rank
ALGM
The Risk-Adjusted Performance Rank of ALGM is 2828
Overall Rank
The Sharpe Ratio Rank of ALGM is 2727
Sharpe Ratio Rank
The Sortino Ratio Rank of ALGM is 2929
Sortino Ratio Rank
The Omega Ratio Rank of ALGM is 3030
Omega Ratio Rank
The Calmar Ratio Rank of ALGM is 2626
Calmar Ratio Rank
The Martin Ratio Rank of ALGM is 2828
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.

ALTR vs. ALGM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Altair Engineering Inc. (ALTR) 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 chart of Sharpe ratio for ALTR, currently valued at 1.27, compared to the broader market-2.00-1.000.001.002.003.00
ALTR: 1.27
ALGM: -0.45
The chart of Sortino ratio for ALTR, currently valued at 2.04, compared to the broader market-6.00-4.00-2.000.002.004.00
ALTR: 2.04
ALGM: -0.32
The chart of Omega ratio for ALTR, currently valued at 1.32, compared to the broader market0.501.001.502.00
ALTR: 1.32
ALGM: 0.96
The chart of Calmar ratio for ALTR, currently valued at 1.80, compared to the broader market0.001.002.003.004.005.00
ALTR: 1.80
ALGM: -0.41
The chart of Martin ratio for ALTR, currently valued at 5.67, compared to the broader market-5.000.005.0010.0015.0020.00
ALTR: 5.67
ALGM: -1.02

Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50NovemberDecember2025FebruaryMarchApril
1.27
-0.45
ALTR
ALGM

Dividends

ALTR vs. ALGM - Dividend Comparison

Neither ALTR nor ALGM has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

ALTR vs. ALGM - Drawdown Comparison

-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril0
-63.73%
ALTR
ALGM

Volatility

ALTR vs. ALGM - Volatility Comparison

The current volatility for Altair Engineering Inc. (ALTR) is 0.00%, while Allegro MicroSystems, Inc. (ALGM) has a volatility of 33.75%. This indicates that ALTR 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.

0.00%5.00%10.00%15.00%20.00%25.00%30.00%35.00%NovemberDecember2025FebruaryMarchApril0
33.75%
ALTR
ALGM

Financials

ALTR vs. ALGM - Financials Comparison

This section allows you to compare key financial metrics between Altair Engineering 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

Values in USD except per share items