Altair Share Based Compensation Trend from 2010 to 2022

ALTR
 Stock
  

USD 54.79  1.64  2.91%   

Altair Engineering Share Based Compensation yearly trend continues to be relatively stable with very little volatility. Share Based Compensation is likely to grow to about 48.1 M this year. During the period from 2010 to 2022, Altair Engineering Share Based Compensation destribution of quarterly values had r-value of  0.73 from its regression line and mean deviation of  16,200,417. Altair Engineering Cost of Revenue is relatively stable at the moment as compared to the past year. Altair Engineering reported last year Cost of Revenue of 129.67 Million. As of 08/19/2022, Interest Expense is likely to grow to about 13 M, while Consolidated Income is likely to drop (9.5 M).
  
Check Altair Engineering financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Altair main balance sheet or income statement drivers, such as Direct Expenses of 116.8 M, Cost of Revenue of 135.1 M or Earning Before Interest and Taxes EBIT of 11 M, as well as many exotic indicators such as Interest Coverage of 1.05, Long Term Debt to Equity of 0.35 or Calculated Tax Rate of 599. Altair financial statements analysis is a perfect complement when working with Altair Engineering Valuation or Volatility modules. It can also supplement Altair Engineering's financial leverage analysis and stock options assessment as well as various Altair Engineering Technical models . Please continue to the analysis of Altair Engineering Correlation against competitors.

Altair Engineering Quarterly Share Based Compensation

21.2 Million

Altair Share Based Compensation Breakdown

Showing smoothed Share Based Compensation of Altair Engineering with missing and latest data points interpolated. A component of Net Cash Flow from Operations representing the total amount of noncash; equity-based employee remuneration. This may include the value of stock or unit options; amortization of restricted stock or units; and adjustment for officers' compensation. As noncash; this element is an add back when calculating net cash generated by operating activities using the indirect method.Altair Engineering's Share Based Compensation historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Altair Engineering's overall financial position and show how it may be relating to other accounts over time.
Share Based Compensation10 Years Trend
Increasing
Slightly volatile
   Share Based Compensation   
Share
       Timeline  

Altair Share Based Compensation Regression Statistics

Arithmetic Mean 13,987,079
Geometric Mean 3,551,566
Coefficient Of Variation 139.30
Mean Deviation 16,200,417
Median 3,339,000
Standard Deviation 19,484,049
Range 47,469,026
R-Value 0.73
R-Squared 0.53
Significance 0.004718
Slope 3,645,973

Altair Share Based Compensation History

20165.1 M
201747.3 M
20183.3 M
20198.5 M
202021.4 M
202144.5 M
202248.1 M

About Altair Engineering Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Altair Engineering income statement, its balance sheet, and the statement of cash flows. Altair Engineering investors use historical funamental indicators, such as Altair Engineering's Share Based Compensation, to determine how well the company is positioned to perform in the future. Although Altair Engineering investors may use each financial statement separately, they are all related. The changes in Altair Engineering's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Altair Engineering's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Altair Engineering Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Altair Engineering. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Share Based Compensation44.5 M48.1 M

Altair Engineering Implied Volatility

    
  38.66  
Altair Engineering's implied volatility exposes the market's sentiment of Altair Engineering stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Altair Engineering's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Altair Engineering stock will not fluctuate a lot when Altair Engineering's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Altair Engineering in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Altair Engineering's short interest history, or implied volatility extrapolated from Altair Engineering options trading.

Pair Trading with Altair Engineering

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Altair Engineering position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Altair Engineering will appreciate offsetting losses from the drop in the long position's value.

Moving together with Altair Engineering

0.74ADBEAdobe Systems Fiscal Year End 15th of December 2022 PairCorr
0.76BKKTBakkt Hldgs Normal TradingPairCorr
The ability to find closely correlated positions to Altair Engineering could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Altair Engineering when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Altair Engineering - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Altair Engineering to buy it.
The correlation of Altair Engineering is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Altair Engineering moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Altair Engineering moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Altair Engineering can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to the analysis of Altair Engineering Correlation against competitors. Note that the Altair Engineering information on this page should be used as a complementary analysis to other Altair Engineering's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

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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.
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 Altair Engineering value 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.