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ALLETE, Inc. (ALE)

Equity · Currency in USD · Last updated Mar 26, 2023

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in ALLETE, Inc. in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $280,772 for a total return of roughly 2,707.72%. All prices are adjusted for splits and dividends.


2,000.00%2,500.00%3,000.00%3,500.00%NovemberDecember2023FebruaryMarch
2,707.72%
3,502.79%
ALE (ALLETE, Inc.)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

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

ALLETE, Inc.

Popular comparisons: ALE vs. AQN.TO, ALE vs. XLU

Return

ALLETE, Inc. had a return of -0.76% year-to-date (YTD) and 2.13% in the last 12 months. Over the past 10 years, ALLETE, Inc. had an annualized return of 6.56%, while the S&P 500 had an annualized return of 9.86%, indicating that ALLETE, Inc. did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month2.43%-0.66%
Year-To-Date-0.76%3.42%
6 months14.18%5.67%
1 year2.13%-10.89%
5 years (annualized)1.63%8.95%
10 years (annualized)6.56%9.86%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2023-4.11%0.04%
2022-15.43%12.43%18.91%-2.55%

Sharpe 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 0.08. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.50NovemberDecember2023FebruaryMarch
0.08
-0.47
ALE (ALLETE, Inc.)
Benchmark (^GSPC)

Dividend History

ALLETE, Inc. granted a 5.18% dividend yield in the last twelve months. The annual payout for that period amounted to $3.28 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$3.28$2.60$2.52$2.47$2.35$2.24$2.14$2.08$2.02$1.96$1.90$1.84

Dividend yield

5.18%4.08%4.01%4.37%3.31%3.45%3.48%4.04%5.14%4.78%5.33%6.53%

Monthly Dividends

The table displays the monthly dividend distributions for ALLETE, Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.68
2022$0.00$0.65$0.00$0.00$0.65$0.00$0.00$0.65$0.00$0.00$0.65$0.00
2021$0.00$0.63$0.00$0.00$0.63$0.00$0.00$0.63$0.00$0.00$0.63$0.00
2020$0.00$0.62$0.00$0.00$0.62$0.00$0.00$0.62$0.00$0.00$0.62$0.00
2019$0.00$0.59$0.00$0.00$0.59$0.00$0.00$0.59$0.00$0.00$0.59$0.00
2018$0.00$0.56$0.00$0.00$0.56$0.00$0.00$0.56$0.00$0.00$0.56$0.00
2017$0.00$0.54$0.00$0.00$0.54$0.00$0.00$0.54$0.00$0.00$0.54$0.00
2016$0.00$0.52$0.00$0.00$0.52$0.00$0.00$0.52$0.00$0.00$0.52$0.00
2015$0.00$0.51$0.00$0.00$0.51$0.00$0.00$0.51$0.00$0.00$0.51$0.00
2014$0.00$0.49$0.00$0.00$0.49$0.00$0.00$0.49$0.00$0.00$0.49$0.00
2013$0.00$0.48$0.00$0.00$0.48$0.00$0.00$0.48$0.00$0.00$0.48$0.00
2012$0.46$0.00$0.00$0.46$0.00$0.00$0.46$0.00$0.00$0.46$0.00

Drawdowns Chart

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


-40.00%-35.00%-30.00%-25.00%-20.00%-15.00%NovemberDecember2023FebruaryMarch
-17.43%
-17.21%
ALE (ALLETE, Inc.)
Benchmark (^GSPC)

Worst 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 73.95%, recorded on Mar 5, 2009. It took 1957 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-73.95%Jun 14, 20041191Mar 5, 20091957Dec 9, 20163148
-42.22%Sep 26, 2019161May 15, 2020
-41.95%Sep 27, 1973244Sep 13, 1974630Mar 11, 1977874
-40.21%Jan 16, 1987192Oct 19, 1987821Jan 17, 19911013
-37.24%May 3, 200256Jul 23, 2002318Oct 24, 2003374
-34.97%Aug 2, 1977855Dec 17, 1980456Oct 7, 19821311
-30.14%Oct 9, 1998356Mar 8, 200087Jul 12, 2000443
-27.6%Aug 26, 1993207Jun 21, 1994672Feb 14, 1997879
-20.22%Sep 5, 200135Oct 29, 200163Jan 30, 200298
-20.15%Aug 27, 198611Sep 11, 198681Jan 7, 198792

Volatility Chart

Current ALLETE, Inc. volatility is 39.11%. 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%NovemberDecember2023FebruaryMarch
39.11%
19.50%
ALE (ALLETE, Inc.)
Benchmark (^GSPC)