Altair Engineering Risk Adjusted Performance

ALTR
 Stock
  

USD 57.33  1.42  2.54%   

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Altair Engineering has current Risk Adjusted Performance of 0.0501.
RAP 
 = 
(ER[a] - RFR) * STD[b])/STD[b] 
RFR 
 = 
0.0501
ER[a] = Expected return on investing in Altair Engineering
RFR = Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Altair Engineering Risk Adjusted Performance Peers Comparison

Altair Risk Adjusted Performance Relative To Other Indicators

Altair Engineering is rated second in risk adjusted performance category among related companies. It is currently under evaluation in maximum drawdown category among related companies reporting about  246.81  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Altair Engineering is roughly  246.81 
Compare Altair Engineering to Peers

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