Altair Stock Price History Breakdown

ALTR
 Stock
  

USD 56.95  0.94  1.62%   

As of today, the current price of Altair Engineering is  56.95 , as last reported on the 8th of August, with the highest price reaching  58.73  and the lowest price hitting  56.90  during the day.
Altair Engineering appears to be very steady, given 3 months investment horizon. Altair Engineering secures Sharpe Ratio (or Efficiency) of 0.0794, which signifies that the company had 0.0794% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Altair Engineering, which you can use to evaluate the future volatility of the firm. Please makes use of Altair Engineering's Downside Deviation of 2.68, risk adjusted performance of 0.0349, and Mean Deviation of 2.13 to double-check if our risk estimates are consistent with your expectations.
  
As of 08/08/2022, Net Income Common Stock is likely to drop to about (9.5 M). As of 08/08/2022, Price to Book Value is likely to grow to 10.28, while Price to Earnings Ratio are likely to drop (661.29) .

Altair Engineering August 8, 2022 Stock Price Synopsis

Altair Engineering Accumulation Distribution 12,075 
Altair Engineering Price Rate Of Daily Change 0.98 
Altair Engineering Price Daily Balance Of Power(0.51) 
Altair Engineering Price Action Indicator(1.33) 

Altair Engineering August 8, 2022 Stock Price Analysis

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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 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.

90 Days Highest PriceAugust 4, 202260.88
90 Days Lowest PriceJuly 14, 202249.03

Altair Stock Price History Data

The price series of Altair Engineering for the period between Tue, May 10, 2022 and Mon, Aug 8, 2022 has a statistical range of 11.85 with a coefficient of variation of 5.06. The prices are distributed with arithmetic mean of 53.42. The median price for the last 90 days is 52.91. The company had 2:1 stock split on August 11, 2000. Altair Engineering issued dividends on Nov 6, 2015.
OpenHighLowCloseVolume
08/08/2022 58.25  58.73  56.90  56.95  387,506 
08/05/2022 59.08  59.08  56.32  57.89  672,350 
08/04/2022 60.15  61.10  59.69  60.88  174,145 
08/03/2022 58.37  60.19  58.37  60.04  205,710 
08/02/2022 58.55  59.05  58.30  58.31  252,697 
08/01/2022 58.32  59.56  58.18  59.20  204,147 
07/29/2022 57.69  59.06  57.19  58.91  215,908 
07/28/2022 55.79  57.97  55.09  57.72  161,894 
07/27/2022 54.36  56.50  54.36  55.98  281,889 
07/26/2022 54.15  54.35  53.26  53.52  110,346 
07/25/2022 54.89  54.92  53.96  54.38  157,415 
07/22/2022 54.70  55.01  53.86  54.91  216,967 
07/21/2022 54.01  55.02  53.82  55.02  143,545 
07/20/2022 53.16  54.86  53.00  54.27  319,982 
07/19/2022 51.89  53.08  51.13  52.83  222,355 
07/18/2022 51.78  52.28  50.98  51.34  186,555 
07/15/2022 49.82  51.61  49.58  51.36  345,551 
07/14/2022 48.65  49.10  48.20  49.03  267,598 
07/13/2022 48.44  49.90  48.32  49.38  142,415 
07/12/2022 51.82  52.28  49.29  49.66  350,518 
07/11/2022 53.06  53.96  51.47  51.62  306,973 
07/08/2022 53.01  53.52  52.39  53.23  187,985 
07/07/2022 52.80  53.88  52.40  53.61  203,695 
07/06/2022 53.66  53.91  52.14  52.91  159,655 
07/05/2022 51.50  53.53  51.05  53.47  199,830 
07/01/2022 52.09  52.74  51.59  52.07  220,287 
06/30/2022 51.41  52.51  50.65  52.50  414,293 
06/29/2022 51.14  52.71  50.31  51.79  213,236 
06/28/2022 51.15  51.75  50.48  51.25  914,196 
06/27/2022 54.04  54.04  50.90  51.41  463,511 
06/24/2022 54.72  56.11  54.50  55.73  764,062 
06/23/2022 52.39  54.54  52.24  54.18  344,687 
06/22/2022 52.00  53.02  51.80  52.07  276,215 
06/21/2022 52.25  53.20  52.15  52.34  344,767 
06/17/2022 50.87  53.67  49.61  51.95  646,489 
06/16/2022 50.32  50.74  49.66  50.41  300,211 
06/15/2022 49.56  52.28  49.50  51.36  329,639 
06/14/2022 50.20  50.20  48.54  49.37  234,233 
06/13/2022 50.28  51.02  49.63  49.96  355,523 
06/10/2022 53.13  53.77  51.47  51.94  1,857,919 
06/09/2022 54.84  56.73  54.00  55.14  912,531 
06/08/2022 55.16  55.75  54.39  54.57  127,712 
06/07/2022 54.09  55.80  54.09  55.28  158,824 
06/06/2022 56.24  56.57  54.73  54.94  199,562 
06/03/2022 55.24  55.91  54.45  55.00  205,101 
06/02/2022 53.98  56.51  53.89  56.46  217,093 
06/01/2022 55.29  56.90  53.57  53.97  231,287 
05/31/2022 55.05  55.41  54.17  54.96  375,916 
05/27/2022 53.58  55.22  53.58  55.09  177,224 
05/26/2022 52.38  53.46  51.61  53.10  212,209 
05/25/2022 51.40  53.07  50.80  52.47  218,673 
05/24/2022 51.54  52.18  50.34  51.76  295,640 
05/23/2022 52.02  54.46  51.23  52.30  199,885 
05/20/2022 53.20  53.31  50.73  52.03  273,868 
05/19/2022 51.13  53.27  51.03  52.19  281,985 
05/18/2022 51.33  52.12  49.26  51.02  329,949 
05/17/2022 53.36  53.36  51.66  52.19  258,920 
05/16/2022 52.41  53.41  51.30  52.25  217,203 
05/13/2022 51.74  53.89  51.02  53.07  320,216 
05/12/2022 49.31  51.93  48.99  50.84  323,829 
05/11/2022 50.74  52.01  49.93  50.11  289,095 

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 historical stock prices may prove useful in developing a viable investing in Altair Engineering
Last ReportedProjected for 2022
Weighted Average Shares76.2 M76.2 M
Weighted Average Shares Diluted76.2 M78.5 M
Issuance Purchase of Equity Shares202.3 M218.2 M
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 incorporated in 1985 and is headquartered in Troy, Michigan. Altair Engineering operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 3050 people.

Altair Engineering Quarterly Market Capitalization

4.19 Billion

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 stock's 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 stock 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.
Please continue to Trending Equities. 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running Altair Engineering 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 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.
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.