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ALLETE, Inc. (ALE)

Equity · Currency in USD · Last updated Dec 3, 2022

Company Info

ISINUS0185223007
CUSIP018522300
SectorUtilities
IndustryUtilities—Diversified

Trading Data

Previous Close$65.90
Year Range$47.67 - $66.93
EMA (50)$59.35
EMA (200)$58.88
Average Volume$383.62K
Market Capitalization$3.77B

ALEShare Price Chart


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ALEPerformance

The chart shows the growth of $10,000 invested in ALLETE, Inc. in Jan 2010 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $33,163 for a total return of roughly 231.63%. All prices are adjusted for splits and dividends.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
6.25%
-1.21%
ALE (ALLETE, Inc.)
Benchmark (^GSPC)

ALECompare to other instruments

Search for stocks, ETFs, and funds to compare with ALE

Popular comparisons: ALE vs. AQN.TO

ALEReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M18.63%5.59%
6M8.34%-2.52%
YTD3.67%-14.57%
1Y16.94%-9.78%
5Y-0.33%9.04%
10Y9.18%11.20%

ALEMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-3.80%-0.35%6.42%-11.41%5.69%-5.22%5.60%-3.65%-15.43%12.43%18.91%-0.45%
20211.45%-0.19%8.14%4.72%-1.19%1.58%0.49%-3.27%-11.72%3.39%-3.80%13.17%
20202.85%-16.73%-12.05%-5.14%3.26%-7.02%8.59%-8.04%-4.11%-0.31%10.26%10.14%
20190.94%6.15%1.46%-0.95%1.26%1.61%4.49%-0.72%1.96%-1.54%-6.23%1.32%
2018-2.58%-5.16%6.02%5.76%1.27%0.77%0.16%-2.46%-0.09%-1.35%10.77%-6.34%
20171.81%3.69%0.74%3.25%5.79%-2.33%2.22%6.30%-0.05%1.37%3.46%-7.63%
20164.07%1.21%5.75%0.21%3.70%11.93%-1.21%-6.33%0.54%2.80%1.76%3.83%
20152.74%-2.30%-3.79%-4.66%1.15%-7.86%4.10%-0.07%5.67%-0.55%2.48%-0.24%
20140.20%2.08%3.78%-1.26%-3.09%3.38%-8.63%4.81%-8.79%17.68%-1.51%8.18%
201312.59%2.90%4.30%4.75%-6.99%5.35%7.56%-11.16%2.33%4.62%-1.54%1.22%
2012-1.26%1.44%-0.22%-0.67%-4.15%7.04%-0.81%1.37%0.43%-0.29%-4.70%4.51%
2011-0.94%3.63%3.10%3.90%-0.42%2.91%-1.93%-1.76%-6.22%7.86%2.03%5.35%
2010-5.04%1.93%6.45%8.93%-4.20%-0.81%5.32%-0.16%2.42%-0.14%-1.69%5.46%

ALESharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current ALLETE, Inc. Sharpe ratio is 0.51. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.50JulyAugustSeptemberOctoberNovemberDecember
0.51
-0.46
ALE (ALLETE, Inc.)
Benchmark (^GSPC)

ALEDividend History

ALLETE, Inc. granted a 3.95% dividend yield in the last twelve months. The annual payout for that period amounted to $2.60 per share.


PeriodTTM202120202019201820172016201520142013201220112010
Dividend$2.60$2.52$2.47$2.35$2.24$2.14$2.08$2.02$1.96$1.90$1.84$1.78$1.76

Dividend yield

3.95%3.96%4.32%3.27%3.42%3.45%4.00%5.08%4.73%5.27%6.46%6.38%7.45%

ALEDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-40.00%-30.00%-20.00%-10.00%0.00%2022FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember
-15.00%
-15.11%
ALE (ALLETE, Inc.)
Benchmark (^GSPC)

ALEWorst Drawdowns

The table below shows the maximum drawdowns of the ALLETE, Inc.. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the ALLETE, Inc. is 42.22%, recorded on May 15, 2020. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-42.22%Sep 26, 2019161May 15, 2020
-21.33%Jan 28, 2015123Jul 23, 2015159Mar 10, 2016282
-15.86%Dec 1, 201764Mar 6, 201884Jul 5, 2018148
-13.59%Apr 1, 2014127Sep 30, 201422Oct 30, 2014149
-13.45%Jul 22, 201151Oct 3, 201157Dec 22, 2011108
-13.4%Jul 31, 201326Sep 5, 2013138Mar 25, 2014164
-12.07%Jul 6, 201669Oct 11, 201641Dec 8, 2016110
-11.13%Dec 4, 201827Jan 14, 201927Feb 22, 201954
-10.53%May 5, 201023Jun 7, 201035Jul 27, 201058
-9.41%Sep 25, 201240Nov 21, 201227Jan 2, 201367

ALEVolatility Chart

Current ALLETE, Inc. volatility is 12.63%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
12.63%
20.47%
ALE (ALLETE, Inc.)
Benchmark (^GSPC)