Altair Engineering Financials
8A2 Stock | EUR 99.50 0.50 0.50% |
Altair |
Understanding current and past Altair Engineering Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Altair Engineering's financial statements are interrelated, with each one affecting the others. For example, an increase in Altair Engineering's assets may result in an increase in income on the income statement.
Altair Engineering Stock Summary
Altair Engineering competes with Microsoft, Superior Plus, NMI Holdings, Origin Agritech, and SIVERS SEMICONDUCTORS. Altair Engineering Inc., together with its subsidiaries, provides software and cloud solutions in the areas of simulation, high-performance computing, data analytics, and artificial intelligence worldwide. Altair Engineering Inc. was founded in 1985 and is headquartered in Troy, Michigan. ALTAIR ENGINEERING operates under SoftwareInfrastructure classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3050 people.Instrument | Germany Stock View All |
Exchange | Frankfurt Exchange |
ISIN | US0213691035 |
Business Address | 1820 East Big |
Sector | Technology |
Industry | Software—Infrastructure |
Benchmark | Dow Jones Industrial |
Website | www.altair.com |
Phone | 248 614 2400 |
Currency | EUR - Euro |
You should never invest in Altair Engineering without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Altair Stock, because this is throwing your money away. Analyzing the key information contained in Altair Engineering's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Altair Engineering Key Financial Ratios
There are many critical financial ratios that Altair Engineering's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Altair Engineering reports annually and quarterly.Return On Equity | -0.0734 | |||
Return On Asset | -0.0037 | |||
Target Price | 79.57 | |||
Beta | 1.49 | |||
Z Score | 9.0 |
Altair Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Altair Engineering's current stock value. Our valuation model uses many indicators to compare Altair Engineering value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Altair Engineering competition to find correlations between indicators driving Altair Engineering's intrinsic value. More Info.Altair Engineering is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Altair Engineering's earnings, one of the primary drivers of an investment's value.Altair Engineering Systematic Risk
Altair Engineering's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Altair Engineering volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Altair Engineering correlated with the market. If Beta is less than 0 Altair Engineering generally moves in the opposite direction as compared to the market. If Altair Engineering Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Altair Engineering is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Altair Engineering is generally in the same direction as the market. If Beta > 1 Altair Engineering moves generally in the same direction as, but more than the movement of the benchmark.
Altair Engineering Thematic Clasifications
Altair Engineering is part of Air investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Air services and air delivery. Companies specializing in air services and air delivery
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Air | View |
Altair Engineering December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Altair Engineering help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Altair Engineering. We use our internally-developed statistical techniques to arrive at the intrinsic value of Altair Engineering based on widely used predictive technical indicators. In general, we focus on analyzing Altair Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Altair Engineering's daily price indicators and compare them against related drivers.
Downside Deviation | 1.82 | |||
Information Ratio | 0.0956 | |||
Maximum Drawdown | 12.5 | |||
Value At Risk | (2.54) | |||
Potential Upside | 3.64 |
Complementary Tools for Altair Stock analysis
When running Altair Engineering's price analysis, check to measure Altair Engineering's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Altair Engineering is operating at the current time. Most of Altair Engineering's value examination focuses on studying past and present price action to predict the probability of Altair Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altair Engineering's price. Additionally, you may evaluate how the addition of Altair Engineering to your portfolios can decrease your overall portfolio volatility.
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