Equity Clock

Arithmetic Average Seasonal Chart

Geometric Average Seasonal Chart

ALTR Relative to the S&P 500

ALTR Relative to the Sector

% of Revenue Generated in Each Quarter

% of Free Cash Flow Generated in Each Quarter

% of Net Income Generated in Each Quarter

Seasonal Chart Analysis

Analysis of the Altair Engineering, Inc. (NASD:ALTR) seasonal charts above shows that a Buy Date of January 25 and a Sell Date of June 2 has resulted in a geometric average return of 16.12% above the benchmark rate of the S&P 500 Total Return Index over the past 5 years. This seasonal timeframe has shown positive results compared to the benchmark in 5 of those periods. This is an excellent rate of success and the return strongly outperforms the relative buy-and-hold performance of the stock over the past 5 years by an average of 12.25% per year.

The seasonal timeframe correlates Poorly with the period of seasonal strength for the Technology sector, which runs from October 9 to February 15. The seasonal chart for the broad sector is available via the following link: Technology Sector Seasonal Chart.

A word of caution: Only 5 years of data is available for shares of ALTR, perhaps insufficient to create a seasonal profile that accurately gauges the seasonal tendencies influencing the investment. Ideally, while 20 years is preferred, at least 10 years of data is required to perform a seasonal analysis that is considered to be reliable for future seasonal periods.

Altair Engineering Inc is a provider of enterprise-class engineering software enabling origination of the entire product lifecycle from concept design to in-service operation. The integrated suite of software provided by the company optimizes design performance across multiple disciplines encompassing structures, motion, fluids, thermal management, system modeling, and embedded systems. It operates through two segments: Software which includes the portfolio of software products such as solvers and optimization technology products, modeling and visualization tools, industrial and concept design tools, and others; and Client Engineering Services which provides client engineering services to support customers. Most of its revenue comes from the software segment within the United States.

To download ALTR seasonal chart data, please log in or Subscribe.

Stocks mentioned in this post: ALTR