Altair Stock Future Price Prediction

ALTR
 Stock
  

USD 52.91  0.56  1.05%   

Altair Engineering stock price prediction is an act of determining the future value of Altair Engineering shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Altair Engineering's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Altair Engineering and does not consider all of the tangible or intangible factors available from Altair Engineering's fundamental data. We analyze noise-free headlines and recent hype associated with Altair Engineering, which may create opportunities for some arbitrage if properly timed.
Please continue to Altair Engineering Basic Forecasting Models to cross-verify your projections.
  
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It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Altair Engineering based on different types of headlines from major news networks to social media. The Altair stock price prediction module provides an analysis of price elasticity to changes in media outlook on Altair Engineering over a specific investment horizon.
Quarterly Earnings Growth YOY
-0.28
EPS Estimate Next Quarter
0.11
EPS Estimate Current Year
0.8
EPS Estimate Next Year
0.92
Wall Street Target Price
71.6
EPS Estimate Current Quarter
0.3
Quarterly Revenue Growth YOY
0.064
Using Altair Engineering hype-based prediction, you can estimate the value of Altair Engineering from the perspective of Altair Engineering response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Altair Engineering using Altair Engineering's options and short interest. It helps to benchmark the overall future attitude of investors towards Altair using crowd psychology based on the activity and movement of Altair Engineering's stock price.
Altair Engineering Cash Flow Per Share is relatively stable at the moment as compared to the past year. Altair Engineering reported last year Cash Flow Per Share of 0.78. As of 07/06/2022, Revenue to Assets is likely to grow to 0.47, while PPandE Turnover is likely to drop 12.60.

Altair Engineering Implied Volatility

    
  57.58  
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.
This module is based on analyzing investor sentiment around taking a position in Altair Engineering. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Altair Engineering to buy its stock at a price that has no basis in reality. In that case, they are not buying Altair because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.

Altair Engineering after-hype prediction price

    
  $ 52.9  
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Altair Engineering's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Altair Engineering in the context of predictive analytics.
Intrinsic
Valuation
LowReal ValueHigh
47.5762.0164.63
Details
7 Analysts
Consensus
LowTarget PriceHigh
80.0088.2095.00
Details
Earnings
Estimates (3)
LowProjected EPSHigh
0.130.230.28
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Altair Engineering. Your research has to be compared to or analyzed against Altair Engineering's peers to derive any actionable benefits. When done correctly, Altair Engineering's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Altair Engineering.

Altair Engineering After-Hype Price Prediction Density Analysis

As far as predicting the price of Altair Engineering at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Altair Engineering or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many smart people who confused the symmetrical distributions of stock prices, such as prices of Altair Engineering, with the unreliable approximations that try to describe financial returns.
 Next price density 
      Expected price to next headline 

Altair Engineering Estimiated After-Hype Price Volatility

In the context of predicting Altair Engineering's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Altair Engineering's historical news coverage. Altair Engineering's after-hype downside and upside margins for the prediction period are 50.28 and 55.52, respectively. We have considered Altair Engineering's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value 52.91
52.90
After-hype Price
55.52
Upside
Altair Engineering is very steady asset. Analysis and calculation of next after-hype price of Altair Engineering is based on 3 months time horizon.

Altair Engineering Stock Price Prediction Analysis

Have you ever been surprised when a price of a company such as Altair Engineering is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Altair Engineering backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Altair Engineering, there might be something going there, and it might present an excellent short sale opportunity.
Expected ReturnPeriod VolatilityHype ElasticityRelated ElasticityNews DensityRelated DensityExpected Hype
  0.21  2.62   0.05    0.16  5 Events / Month7 Events / MonthIn about 5 days
Latest traded priceExpected after-news pricePotential return on next major newsAverage after-hype volatility
52.9152.900.09 
1,092  

Altair Engineering Hype Timeline

Altair Engineering is presently traded for 52.91. The entity has historical hype elasticity of -0.05 and average elasticity to hype of competition of -0.16. Altair is anticipated to increase in value after the next headline with price projected to jump to 52.9 or above. The average volatility of media hype impact on the company stock price is over 100%. The price gain on the next news is forecasted to be 0.09% whereas the daily expected return is presently at -0.21%. The volatility of related hype on Altair Engineering is about 349.85% with expected price after next announcement by competition of 52.75. The company reported the previous year's revenue of 532.18 M. Net Loss for the year was (8.79 M) with profit before overhead, payroll, taxes, and interest of 403.54 M. Given the investment horizon of 90 days the next anticipatedpress releasewill be in about 5 days.
Please continue to Altair Engineering Basic Forecasting Models to cross-verify your projections.

Altair Engineering Related Hype Analysis

Having access to credible news sources related to Altair Engineering's direct competition is more important than ever and may enhance your ability to predict Altair Engineering's future price movements. Getting to know how Altair Engineering rivals react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Altair Engineering may potentially react to the hype associated with one of its peers.
Hype
Elasticity
News
Density
Semi
Deviation
Information
Ratio
Potential
Upside
Value
At Risk
Maximum
Drawdown
OMWSOmnia Wellness(0.07) 1 per month 11.68  0.14  53.85 (33.33)  143.71 
CSCOCisco Systems 0.09 8 per month 0.00 (0.09)  2.73 (3.26)  17.06 
TRVThe Travelers Companies(2.67) 9 per month 0.00  0.0312  2.01 (2.33)  6.41 
MRKMerck Company(1.06) 11 per month 0.99  0.27  2.16 (1.65)  7.61 
JNJJohnson Johnson(1.44) 9 per month 1.08  0.16  2.23 (1.86)  5.89 
IBMInternational Business Machines 0.64 9 per month 1.52  0.16  2.47 (2.48)  11.05 
DDDupont Denemours 0.44 6 per month 0.00 (0.15)  3.00 (3.87)  9.53 
VZVerizon Communications 0.03 10 per month 1.65  0.14  2.30 (2.42)  7.94 
AXPAmerican Express(2.70) 5 per month 0.00 (0.10)  3.46 (3.99)  9.74 

Altair Engineering Additional Predictive Modules

Most predictive techniques to examine Altair price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Altair using various technical indicators. When you analyze Altair charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Altair Engineering Predictive Indicators

The successful prediction of Altair Engineering stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Altair Engineering, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Altair Engineering based on analysis of Altair Engineering hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Altair Engineering's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Altair Engineering's related companies.
 2019 2021 2022 (projected)
Long Term Debt to Equity0.50.450.35
Interest Coverage1.291.021.05

Story Coverage note for Altair Engineering

The number of cover stories for Altair Engineering depends on current market conditions and Altair Engineering's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Altair Engineering is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Altair Engineering's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.

Altair Engineering Short Properties

Altair Engineering's future price predictability will typically decrease when Altair Engineering's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Altair Engineering often depends not only on the future outlook of the potential Altair Engineering's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Altair Engineering's indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out3.34%
Short Percent Of Float6.21%
Float Shares42.16M
Shares Short Prior Month2.75M
Average Daily Volume Last 10 Day493.37k
Average Daily Volume In Three Month375.32k
Date Short Interest29th of April 2022
Please continue to Altair Engineering Basic Forecasting Models to cross-verify your projections. 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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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 YOY
-0.28
Market Capitalization
4.3 B
Quarterly Revenue Growth YOY
0.064
Return On Assets
0.0106
Return On Equity
-0.0229
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.