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

SNPS vs. ALTR

Last updated Apr 27, 2025

Compare and contrast key facts about Synopsys, Inc. (SNPS) and Altair Engineering Inc. (ALTR).

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

Correlation

The correlation between SNPS and ALTR is 0.55, 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

SNPS vs. ALTR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Synopsys, Inc. (SNPS) and Altair Engineering Inc. (ALTR). The values are adjusted to include any dividend payments, if applicable.
350.00%400.00%450.00%500.00%550.00%600.00%NovemberDecember2025FebruaryMarchApril
418.60%
510.87%
SNPS
ALTR

Key characteristics

Fundamentals

Market Cap

SNPS:

$69.06B

ALTR:

$9.63B

EPS

SNPS:

$8.34

ALTR:

$0.16

PE Ratio

SNPS:

53.55

ALTR:

699.06

PEG Ratio

SNPS:

7.05

ALTR:

5.74

PS Ratio

SNPS:

11.37

ALTR:

14.47

PB Ratio

SNPS:

7.29

ALTR:

11.24

Total Revenue (TTM)

SNPS:

$6.07B

ALTR:

$492.88M

Gross Profit (TTM)

SNPS:

$4.79B

ALTR:

$391.34M

EBITDA (TTM)

SNPS:

$1.45B

ALTR:

$34.76M

Returns By Period

SNPS

YTD

-7.98%

1M

0.09%

6M

-10.96%

1Y

-17.85%

5Y*

23.79%

10Y*

25.20%

ALTR

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

SNPS vs. ALTR — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SNPS
The Risk-Adjusted Performance Rank of SNPS is 3030
Overall Rank
The Sharpe Ratio Rank of SNPS is 3131
Sharpe Ratio Rank
The Sortino Ratio Rank of SNPS is 2929
Sortino Ratio Rank
The Omega Ratio Rank of SNPS is 3030
Omega Ratio Rank
The Calmar Ratio Rank of SNPS is 2727
Calmar Ratio Rank
The Martin Ratio Rank of SNPS is 3333
Martin Ratio Rank
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
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.

SNPS vs. ALTR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Synopsys, Inc. (SNPS) and Altair Engineering Inc. (ALTR). 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 SNPS, currently valued at -0.38, compared to the broader market-2.00-1.000.001.002.003.00
SNPS: -0.38
ALTR: 1.27
The chart of Sortino ratio for SNPS, currently valued at -0.29, compared to the broader market-6.00-4.00-2.000.002.004.00
SNPS: -0.29
ALTR: 2.04
The chart of Omega ratio for SNPS, currently valued at 0.96, compared to the broader market0.501.001.502.00
SNPS: 0.96
ALTR: 1.32
The chart of Calmar ratio for SNPS, currently valued at -0.40, compared to the broader market0.001.002.003.004.005.00
SNPS: -0.40
ALTR: 1.80
The chart of Martin ratio for SNPS, currently valued at -0.84, compared to the broader market-5.000.005.0010.0015.0020.00
SNPS: -0.84
ALTR: 5.67

Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50NovemberDecember2025FebruaryMarchApril
-0.38
1.27
SNPS
ALTR

Dividends

SNPS vs. ALTR - Dividend Comparison

Neither SNPS nor ALTR has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

SNPS vs. ALTR - Drawdown Comparison

-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-28.12%
0
SNPS
ALTR

Volatility

SNPS vs. ALTR - Volatility Comparison

Synopsys, Inc. (SNPS) has a higher volatility of 18.08% compared to Altair Engineering Inc. (ALTR) at 0.00%. This indicates that SNPS's price experiences larger fluctuations and is considered to be riskier than ALTR 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%NovemberDecember2025FebruaryMarchApril
18.08%
0
SNPS
ALTR

Financials

SNPS vs. ALTR - Financials Comparison

This section allows you to compare key financial metrics between Synopsys, Inc. and Altair Engineering 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