SMTC vs. ALGM
Compare and contrast key facts about Semtech Corporation (SMTC) and Allegro MicroSystems, Inc. (ALGM).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SMTC or ALGM.
Correlation
The correlation between SMTC 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
SMTC vs. ALGM - Performance Comparison
Key characteristics
SMTC:
4.39
ALGM:
-0.21
SMTC:
4.00
ALGM:
0.03
SMTC:
1.52
ALGM:
1.00
SMTC:
3.51
ALGM:
-0.17
SMTC:
23.76
ALGM:
-0.44
SMTC:
11.80%
ALGM:
24.24%
SMTC:
63.84%
ALGM:
50.28%
SMTC:
-85.40%
ALGM:
-63.83%
SMTC:
-21.18%
ALGM:
-55.61%
Fundamentals
SMTC:
$6.25B
ALGM:
$4.31B
SMTC:
-$12.95
ALGM:
-$0.14
SMTC:
$851.23M
ALGM:
$594.89M
SMTC:
$416.81M
ALGM:
$283.71M
SMTC:
-$694.60M
ALGM:
$27.52M
Returns By Period
In the year-to-date period, SMTC achieves a 17.24% return, which is significantly higher than ALGM's 7.04% return.
SMTC
17.24%
6.21%
119.46%
290.89%
5.72%
10.72%
ALGM
7.04%
4.56%
-26.37%
-9.90%
N/A
N/A
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Risk-Adjusted Performance
SMTC vs. ALGM — Risk-Adjusted Performance Rank
SMTC
ALGM
SMTC vs. ALGM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Semtech Corporation (SMTC) 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
SMTC vs. ALGM - Dividend Comparison
Neither SMTC nor ALGM has paid dividends to shareholders.
Drawdowns
SMTC vs. ALGM - Drawdown Comparison
The maximum SMTC drawdown since its inception was -85.40%, which is greater than ALGM's maximum drawdown of -63.83%. Use the drawdown chart below to compare losses from any high point for SMTC and ALGM. For additional features, visit the drawdowns tool.
Volatility
SMTC vs. ALGM - Volatility Comparison
Semtech Corporation (SMTC) has a higher volatility of 17.67% compared to Allegro MicroSystems, Inc. (ALGM) at 11.92%. This indicates that SMTC's price experiences larger fluctuations and is considered to be riskier than ALGM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
SMTC vs. ALGM - Financials Comparison
This section allows you to compare key financial metrics between Semtech Corporation 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