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ALGM Stock Analysis

Data source: Trade-Ideas Alerts | 9 alerts analyzed | Backtest period: 2023-02-02 → 2024-10-02

⚠️ Small sample size (9 alerts). Statistics may have high variance. Interpret with caution.

🏢 Company Profile

Allegro MicroSystems, Inc. Common Stock SEMICONDUCTORS & RELATED DEVICES (SIC 3674)
📍 NASDAQ 📅 IPO: Oct 29, 2020 🔗 www.allegromicro.com
💰 Market Cap: $6.11B 👥 Employees: 4,060
Allegro Microsystems Inc is a designer, developer, fabless manufacturer, and marketer of sensor ICs and application-specific analog power ICs for automotive and industrial markets. Its Sensor IC allows customers to precisely measure motion, speed, position, and current, and Power ICs include high-temperature and high-voltage capable motor drivers, power management, and LED driver ICs. Its products are divided into three categories such as SENSE which includes Current Sensors, Switches and Latches, and Interface ICs among others; REGULATE which includes Regulators, ClearPower Modules, and LED Drivers; and DRIVE which includes BLDC Drivers, Brush DC, and others. Key revenue for the company is generated from Greater China and the rest from the United States, Japan, Europe, and other regions.
📊
9
Total Alerts
🎯
88.9%
Win Rate (15MIN)
💰
+0.74%
Avg Gain (15MIN)
🚀
+2.80%
Avg MFE (Max Potential)

📈 Performance by Timeframe

5MIN

Win Rate: 66.7%
Avg Gain: +0.24%
Avg Winner: +0.55%
Avg Loser: -0.38%
Best: +1.01%
Worst: -0.45%
Trades: 6/3

15MIN

Win Rate: 88.9%
Avg Gain: +0.74%
Avg Winner: +0.97%
Avg Loser: -1.07%
Best: +2.26%
Worst: -1.07%
Trades: 8/1

30MIN

Win Rate: 77.8%
Avg Gain: +0.86%
Avg Winner: +1.36%
Avg Loser: -0.88%
Best: +2.74%
Worst: -1.02%
Trades: 7/2

60MIN

Win Rate: 77.8%
Avg Gain: +1.27%
Avg Winner: +1.69%
Avg Loser: -0.23%
Best: +4.27%
Worst: -0.25%
Trades: 7/2

EOD (End of Day)

Win Rate: 77.8%
Avg Gain: +0.96%
Avg Winner: +1.69%
Avg Loser: -1.58%
Best: +5.60%
Worst: -2.29%
Trades: 7/2

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +2.80%
Best MFE: +6.86%
Avg Time to MFE: 141 min

On average, ALGM alerts reach +2.80% profit potential within 141 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -0.49%
Worst MAE: -1.49%
Avg Time to MAE: 29 min

Before reaching MFE, expect an average drawdown of 0.49%.

⚖️ Risk/Reward Ratio

5.75:1

Excellent risk/reward - potential gain is 5.75x the typical drawdown.

💡 Trading Insight: Based on 9 alerts, ALGM typically reaches +2.80% profit before pulling back. Consider setting profit targets around 2.2% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 9
Gap Up % 66.7%
Avg Gap +0.39%
Best Gap +1.46%

🏭 Sector Comparison: SEMICONDUCTORS & RELATED DEVICES

How ALGM compares to 58 other tickers in the same sector.

5-Min Gain
ALGM: +0.24% Sector: -0.04% +0.28%
EOD Gain
ALGM: +0.96% Sector: +13404.08% -13403.12%
Avg MFE
ALGM: +2.80% Sector: +2.71% +0.09%

📋 Last 20 Alerts

Historical ALGM alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date Time Price 5min 15min 30min 60min EOD MFE MAE Gap Result
2024-10-02 09:26:31 $21.89 +0.64% +0.41% +0.55% +1.19% -0.87% +1.78% -0.64% +1.46% WIN
2024-07-25 09:27:30 $24.09 +0.66% +2.26% +0.81% +1.45% +0.91% +4.32% -0.12% +0.42% WIN
2024-06-28 09:25:05 $28.19 +0.64% +1.77% +1.24% +2.09% +0.18% +2.27% +0.53% +0.92% WIN
2024-03-21 09:26:23 $28.38 +0.32% +0.42% -0.74% -0.25% -2.29% +0.60% -0.18% -0.18% WIN
2024-02-15 09:26:07 $30.81 -0.31% +0.91% +0.91% +1.49% +1.43% +3.38% -0.58% +1.30% LOSS
2024-02-05 09:27:28 $28.83 +1.01% +0.59% +2.32% +1.08% +2.50% +3.26% -0.45% +0.17% WIN
2023-09-25 09:26:00 $31.9 -0.45% +0.83% +0.94% +0.28% +0.85% +1.32% -0.88% -0.75% LOSS
2023-05-19 09:25:00 $38.83 -0.36% -1.07% -1.02% -0.21% +0.33% +1.42% -1.49% - LOSS
2023-02-02 09:29:00 $38.92 +0.05% +0.57% +2.74% +4.27% +5.60% +6.86% -0.57% +0.21% WIN

Table Metrics Explained:

  • 5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
  • MFE: Maximum Favorable Excursion - highest profit potential reached during the day
  • MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
  • Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
  • Result: WIN if 5min change > 0%, LOSS otherwise

🚀 Beat the 88.9% Baseline on ALGM

The 88.9% win rate is just the raw starting point. Launch the app to apply filters (Volume, RSI, Time) and see if you can push ALGM's performance to 75%+.

Optimize ALGM Strategy →

Why Analyze ALGM with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for ALGM. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, ALGM historically offers an average upside of +2.80% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 ALGM Momentum Personality

With a baseline win rate of 88.9%, ALGM shows strong follow-through, making it a prime candidate for momentum strategies.

⏱️ Optimized Exit Timing

Don't guess when to sell. Our backtests show ALGM performs best on the 15MIN timeframe (Avg Gain: +0.74%), signaling that gains often fade later in the session.