ALTR vs. ALGM
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.
Key characteristics
| ALTR | ALGM | |
|---|---|---|
| YTD Return | 23.26% | -34.49% |
| 1Y Return | 40.24% | -30.76% |
| 3Y Return (Ann) | 9.91% | -15.72% |
| Sharpe Ratio | 1.14 | -0.57 |
| Sortino Ratio | 1.82 | -0.61 |
| Omega Ratio | 1.24 | 0.93 |
| Calmar Ratio | 2.12 | -0.45 |
| Martin Ratio | 5.25 | -1.38 |
| Ulcer Index | 7.52% | 20.44% |
| Daily Std Dev | 34.55% | 49.52% |
| Max Drawdown | -46.05% | -62.39% |
| Current Drawdown | -6.28% | -62.39% |
Fundamentals
| ALTR | ALGM | |
|---|---|---|
| Market Cap | $8.86B | $3.78B |
| EPS | $0.40 | -$0.14 |
| Total Revenue (TTM) | $644.66M | $849.88M |
| Gross Profit (TTM) | $516.43M | $417.53M |
| EBITDA (TTM) | $91.14M | $109.95M |
Correlation
The correlation between ALTR and ALGM is 0.52, 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
ALTR vs. ALGM - Performance Comparison
In the year-to-date period, ALTR achieves a 23.26% return, which is significantly higher than ALGM's -34.49% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
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.
Dividends
ALTR vs. ALGM - Dividend Comparison
Neither ALTR nor ALGM has paid dividends to shareholders.
Drawdowns
ALTR vs. ALGM - Drawdown Comparison
The maximum ALTR drawdown since its inception was -46.05%, smaller than the maximum ALGM drawdown of -62.39%. Use the drawdown chart below to compare losses from any high point for ALTR and ALGM. For additional features, visit the drawdowns tool.
Volatility
ALTR vs. ALGM - Volatility Comparison
The current volatility for Altair Engineering Inc. (ALTR) is 13.32%, while Allegro MicroSystems, Inc. (ALGM) has a volatility of 16.75%. 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.
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.
Total Revenue: Total amount of money received from sales and other business activities