Altair Engineering Stock Performance
| ALTR Stock | USD 111.75 0.21 0.19% |
Altair Engineering has a performance score of 24 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0735, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Altair Engineering's returns are expected to increase less than the market. However, during the bear market, the loss of holding Altair Engineering is expected to be smaller as well. Altair Engineering right now shows a risk of 0.15%. Please confirm Altair Engineering potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Altair Engineering will be following its price patterns.
Risk-Adjusted Performance
Solid
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in Altair Engineering are ranked lower than 24 (%) of all global equities and portfolios over the last 90 days. Even with relatively invariable basic indicators, Altair Engineering is not utilizing all of its potentials. The current stock price agitation, may contribute to short-term losses for the retail investors. ...more
Actual Historical Performance (%)
One Day Return 0.19 | Five Day Return 0.4 | Year To Date Return 2.23 | Ten Year Return 510.32 | All Time Return 510.32 |
1 | Disposition of 2176 shares by Christ George J of Altair Engineering at 95.3144 subject to Rule 16b-3 | 01/06/2025 |
2 | Altair Engineering Inc Partners with Cranfield University to Enhance AI and Simulation ... | 01/28/2025 |
3 | Disposition of 1048 shares by Matthew Brown of Altair Engineering at 108.9 subject to Rule 16b-3 | 02/07/2025 |
4 | Acquisition Announcement Lifted Altair Engineering | 02/11/2025 |
5 | Altair Engineering Q4 2024 Earnings Revenue Surpasses Estimates at 192. ... | 02/20/2025 |
6 | Altair Engineering Inc. CAO Brian Gayle Sells 137 Shares | 02/28/2025 |
7 | Factbox-Intels divisions in spotlight as TSMC, Broadcom circle | 03/03/2025 |
8 | MathWorks and Altera Harness AI to Drive Faster Development of 5G and 6G Wireless Systems | 03/04/2025 |
9 | Power Electronics Software Market Forecast Report 2025-2030 Market to Reach USD 5.25 Billion by 2030, Driven by EV Adoption, Industrial Automation, and Renewabl... | 03/06/2025 |
10 | Intel Surges 8 percent With Xeon 6 AI Processor Launch | 03/10/2025 |
11 | Altera launches Agilex 3 FPGAs for the intelligent edge | 03/11/2025 |
12 | Disposition of 416 shares by Amy Messano of Altair Engineering at 111.3 subject to Rule 16b-3 | 03/17/2025 |
13 | Altair One Cloud Innovation Gateway Achieves Seamless Integration with NVIDIA Omniverse Blueprint for Real-Time Digital Twins | 03/19/2025 |
14 | Disposition of 425 shares by Gilma Saravia of Altair Engineering at 111.3 subject to Rule 16b-3 | 03/21/2025 |
| Begin Period Cash Flow | 467.6 M |
Altair |
Altair Engineering Relative Risk vs. Return Landscape
If you would invest 10,871 in Altair Engineering on December 22, 2024 and sell it today you would earn a total of 304.00 from holding Altair Engineering or generate 2.8% return on investment over 90 days. Altair Engineering is currently generating 0.0453% in daily expected returns and assumes 0.1487% risk (volatility on return distribution) over the 90 days horizon. In different words, 1% of stocks are less volatile than Altair, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Altair Engineering Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altair Engineering's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Altair Engineering, and traders can use it to determine the average amount a Altair Engineering's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.305
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Estimated Market Risk
| 0.15 actual daily | 1 99% of assets are more volatile |
Expected Return
| 0.05 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average Altair Engineering is performing at about 24% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Altair Engineering by adding it to a well-diversified portfolio.
Altair Engineering Fundamentals Growth
Altair Stock prices reflect investors' perceptions of the future prospects and financial health of Altair Engineering, and Altair Engineering fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Altair Stock performance.
| Return On Equity | 0.0181 | ||||
| Return On Asset | 0.0081 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 9.28 B | ||||
| Shares Outstanding | 60.4 M | ||||
| Price To Earning | 29.59 X | ||||
| Price To Book | 11.18 X | ||||
| Price To Sales | 14.37 X | ||||
| Revenue | 665.79 M | ||||
| Gross Profit | 540.99 M | ||||
| EBITDA | 80.63 M | ||||
| Net Income | 14.18 M | ||||
| Cash And Equivalents | 416.14 M | ||||
| Cash Per Share | 5.20 X | ||||
| Total Debt | 259.12 M | ||||
| Debt To Equity | 0.59 % | ||||
| Current Ratio | 2.96 X | ||||
| Book Value Per Share | 10.02 X | ||||
| Cash Flow From Operations | 154.08 M | ||||
| Earnings Per Share | 0.16 X | ||||
| Market Capitalization | 9.57 B | ||||
| Total Asset | 1.45 B | ||||
| Retained Earnings | (116.33 M) | ||||
| Working Capital | 297.21 M | ||||
| Current Asset | 3.29 B | ||||
| Current Liabilities | 575.31 M | ||||
About Altair Engineering Performance
Assessing Altair Engineering's fundamental ratios provides investors with valuable insights into Altair Engineering's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Altair Engineering is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.02 | 0.02 | |
| Return On Capital Employed | 0.02 | 0.01 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.02 | 0.02 |
Things to note about Altair Engineering performance evaluation
Checking the ongoing alerts about Altair Engineering for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Altair Engineering help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 92.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: Disposition of 425 shares by Gilma Saravia of Altair Engineering at 111.3 subject to Rule 16b-3 |
- Analyzing Altair Engineering's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Altair Engineering's stock is overvalued or undervalued compared to its peers.
- Examining Altair Engineering's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Altair Engineering's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Altair Engineering's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Altair Engineering's stock. These opinions can provide insight into Altair Engineering's potential for growth and whether the stock is currently undervalued or overvalued.
Additional 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.