ALTR vs. ALGM

In the year-to-date period, ALTR achieves a 29.53% return, which is significantly higher than ALGM's -28.68% return.

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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 current ALTR Sharpe Ratio is 1.37, which is higher than the ALGM Sharpe Ratio of -0.56. The chart below compares the historical Sharpe Ratios of ALTR 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.

Neither ALTR nor ALGM has paid dividends to shareholders.

The maximum ALTR drawdown since its inception was -46.05%, smaller than the maximum ALGM drawdown of -63.83%. Use the drawdown chart below to compare losses from any high point for ALTR and ALGM. For additional features, visit the drawdowns tool.

The current volatility for Altair Engineering Inc. (ALTR) is 3.01%, while Allegro MicroSystems, Inc. (ALGM) has a volatility of 12.36%. 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.

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.