Altair Engineering Stock Price History

ALTR Stock  USD 83.45  0.33  0.39%   
Below is the normalized historical share price chart for Altair Engineering extending back to November 01, 2017. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Altair Engineering stands at 83.45, as last reported on the 24th of April, with the highest price reaching 84.62 and the lowest price hitting 82.61 during the day.
IPO Date
1st of November 2017
200 Day MA
74.5909
50 Day MA
84.2781
Beta
1.422
 
Covid
If you're considering investing in Altair Stock, it is important to understand the factors that can impact its price. Altair Engineering secures Sharpe Ratio (or Efficiency) of -0.0096, which signifies that the company had a -0.0096% return per unit of risk over the last 3 months. Altair Engineering exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Altair Engineering's Risk Adjusted Performance of 0.0022, mean deviation of 1.5, and Standard Deviation of 1.99 to double-check the risk estimate we provide.
  
At this time, Altair Engineering's Total Stockholder Equity is relatively stable compared to the past year. As of 04/24/2024, Stock Based Compensation is likely to grow to about 89.9 M, while Common Stock Shares Outstanding is likely to drop slightly above 74.4 M. . At this time, Altair Engineering's Price Fair Value is relatively stable compared to the past year. Altair Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0096

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Estimated Market Risk

 1.98
  actual daily
17
83% of assets are more volatile

Expected Return

 -0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  actual daily
0
Most of other assets perform better
Based on monthly moving average Altair Engineering is not performing at its full potential. However, 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 Altair Engineering to a well-diversified portfolio.
Price Book
9.5866
Enterprise Value Ebitda
115.6367
Price Sales
11.1258
Shares Float
26.4 M
Wall Street Target Price
94

Altair Engineering Stock Price History Chart

There are several ways to analyze Altair Stock price data. The simplest method is using a basic Altair candlestick price chart, which shows Altair Engineering price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceFebruary 9, 202492.26
Lowest PriceMarch 15, 202479.03

Altair Engineering April 24, 2024 Stock Price Synopsis

Various analyses of Altair Engineering's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Altair Stock. It can be used to describe the percentage change in the price of Altair Engineering from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Altair Stock.
Altair Engineering Accumulation Distribution 6,100 
Altair Engineering Price Rate Of Daily Change 1.00 
Altair Engineering Price Daily Balance Of Power(0.16)
Altair Engineering Price Action Indicator(0.33)

Altair Engineering April 24, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Altair Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Altair Engineering intraday prices and daily technical indicators to check the level of noise trading in Altair Stock and then apply it to test your longer-term investment strategies against Altair.

Altair Stock Price History Data

The price series of Altair Engineering for the period between Thu, Jan 25, 2024 and Wed, Apr 24, 2024 has a statistical range of 13.23 with a coefficient of variation of 3.47. The prices are distributed with arithmetic mean of 85.03. The median price for the last 90 days is 85.14. The company had 2:1 stock split on August 11, 2000. Altair Engineering issued dividends on Nov 6, 2015.
OpenHighLowCloseVolume
04/24/2024 83.78  84.62  82.61  83.45  256,818 
04/23/2024 82.40  83.86  82.40  83.78  178,619 
04/22/2024 83.06  83.26  81.30  82.22  424,334 
04/19/2024 80.84  82.51  80.84  82.32  684,830 
04/18/2024 80.92  82.80  80.00  80.77  567,726 
04/17/2024 81.60  81.91  80.43  80.56  201,755 
04/16/2024 80.61  81.72  80.30  81.14  182,284 
04/15/2024 82.37  83.51  80.68  81.02  269,792 
04/12/2024 82.67  82.89  81.66  82.10  264,990 
04/11/2024 82.48  84.24  82.07  83.67  298,667 
04/10/2024 82.83  84.78  81.65  82.13  356,931 
04/09/2024 86.38  86.98  84.38  85.14  523,076 
04/08/2024 84.66  86.35  84.66  85.93  226,934 
04/05/2024 83.46  84.79  82.95  84.57  313,591 
04/04/2024 84.82  86.27  83.45  83.46  293,647 
04/03/2024 83.18  85.26  82.99  83.67  291,698 
04/02/2024 84.00  84.26  82.95  83.76  301,809 
04/01/2024 86.54  86.79  84.71  85.47  233,537 
03/28/2024 86.55  86.55  85.66  86.15  563,811 
03/27/2024 85.49  86.41  84.17  86.27  333,654 
03/26/2024 85.38  86.11  84.60  85.13  274,853 
03/25/2024 84.80  85.88  84.32  84.37  227,925 
03/22/2024 87.44  87.69  83.91  84.55  342,173 
03/21/2024 84.16  87.41  83.76  86.80  563,612 
03/20/2024 80.25  83.66  80.25  83.17  431,661 
03/19/2024 79.77  81.53  79.68  80.62  317,065 
03/18/2024 79.16  81.40  79.08  80.28  369,949 
03/15/2024 80.86  81.03  78.37  79.03  626,584 
03/14/2024 81.86  82.30  80.60  81.58  443,010 
03/13/2024 81.66  82.32  80.83  81.42  381,075 
03/12/2024 81.76  83.11  81.18  82.15  367,772 
03/11/2024 82.11  83.35  81.75  82.41  277,446 
03/08/2024 83.96  84.50  82.38  82.47  271,575 
03/07/2024 83.06  83.72  82.10  83.50  302,891 
03/06/2024 83.01  83.88  82.13  82.60  339,990 
03/05/2024 85.01  85.01  81.09  81.52  372,667 
03/04/2024 85.32  86.41  85.32  85.79  325,972 
03/01/2024 85.28  86.19  84.59  85.68  325,387 
02/29/2024 85.36  85.97  84.80  85.08  738,826 
02/28/2024 83.65  85.15  83.65  84.64  492,706 
02/27/2024 85.66  86.00  84.06  84.56  529,160 
02/26/2024 86.00  86.50  83.48  85.27  973,406 
02/23/2024 87.48  88.82  82.50  85.52  1,096,676 
02/22/2024 89.17  90.89  89.13  89.86  588,488 
02/21/2024 86.85  87.54  85.85  86.91  417,931 
02/20/2024 89.31  90.00  86.78  87.84  306,250 
02/16/2024 91.70  91.84  90.01  90.47  347,365 
02/15/2024 89.96  92.02  89.27  91.68  499,046 
02/14/2024 87.20  89.35  86.85  88.96  341,362 
02/13/2024 87.09  88.06  84.82  85.90  585,345 
02/12/2024 92.01  92.49  89.59  90.02  353,476 
02/09/2024 91.00  92.92  90.40  92.26  453,310 
02/08/2024 89.80  90.74  89.68  90.11  363,108 
02/07/2024 89.00  89.56  88.08  89.48  258,958 
02/06/2024 87.27  88.94  86.37  88.69  524,552 
02/05/2024 86.64  87.64  85.57  86.86  312,691 
02/02/2024 85.95  88.04  85.45  87.66  355,022 
02/01/2024 85.77  86.08  84.02  85.97  256,402 
01/31/2024 86.59  86.82  84.98  85.02  395,597 
01/30/2024 87.21  87.21  86.53  86.82  212,061 
01/29/2024 85.40  87.30  85.35  87.20  371,030 

About Altair Engineering Stock history

Altair Engineering investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Altair is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Altair Engineering will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Altair Engineering stock prices may prove useful in developing a viable investing in Altair Engineering
Last ReportedProjected for Next Year
Common Stock Shares Outstanding80.6 M74.4 M
Net Loss-39.1 M-37.1 M

Altair Engineering Quarterly Net Working Capital

376.51 Million

Altair Engineering Stock Technical Analysis

Altair Engineering technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Altair Engineering technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Altair Engineering trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Altair Engineering Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Altair Engineering's price direction in advance. Along with the technical and fundamental analysis of Altair Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Altair to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Altair Engineering is a strong investment it is important to analyze Altair Engineering's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Altair Engineering's future performance. For an informed investment choice regarding Altair Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Altair Engineering. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Altair Stock, please use our How to Invest in Altair Engineering guide.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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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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Is Altair Engineering's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Altair Engineering. If investors know Altair will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Altair Engineering listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.633
Earnings Share
(0.11)
Revenue Per Share
7.602
Quarterly Revenue Growth
0.069
Return On Assets
0.0029
The market value of Altair Engineering is measured differently than its book value, which is the value of Altair that is recorded on the company's balance sheet. Investors also form their own opinion of Altair Engineering's value that differs from its market value or its book value, called intrinsic value, which is Altair Engineering's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Altair Engineering's market value can be influenced by many factors that don't directly affect Altair Engineering's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Altair Engineering's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altair Engineering is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altair Engineering's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.