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Alta Equipment Group Inc. (ALTG)

Equity · Currency in USD · Last updated Dec 8, 2022

Company Info

ISINUS02128L1061
CUSIP02128L106
SectorIndustrials
IndustryRental & Leasing Services

Trading Data

Previous Close$12.02
Year Range$8.73 - $14.94
EMA (50)$11.97
EMA (200)$12.15
Average Volume$60.49K
Market Capitalization$393.41M

ALTGShare Price Chart


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ALTGPerformance

The chart shows the growth of $10,000 invested in Alta Equipment Group Inc. in Apr 2019 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $12,500 for a total return of roughly 25.00%. All prices are adjusted for splits and dividends.


-20.00%-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
12.48%
0.85%
ALTG (Alta Equipment Group Inc.)
Benchmark (^GSPC)

ALTGCompare to other instruments

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

ALTGReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-1.45%4.33%
6M7.40%-5.45%
YTD-17.18%-17.46%
1Y-12.77%-14.32%
5Y6.35%8.51%
10Y6.35%8.51%

ALTGMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-6.90%-7.48%-1.98%-8.98%-4.27%-16.71%25.31%5.17%-6.46%11.08%-1.12%-0.17%
2021-3.95%11.80%22.53%-1.15%14.09%-9.34%-5.27%5.32%3.54%5.10%1.25%0.21%
20202.30%-13.96%-51.53%22.48%28.11%15.97%-2.19%9.87%-6.23%-2.68%18.90%9.05%
20190.00%0.99%-0.47%0.20%0.61%0.92%-0.40%0.61%0.70%

ALTGSharpe 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 Alta Equipment Group Inc. Sharpe ratio is -0.31. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-0.80-0.60-0.40-0.200.000.20JulyAugustSeptemberOctoberNovemberDecember
-0.31
-0.67
ALTG (Alta Equipment Group Inc.)
Benchmark (^GSPC)

ALTGDividend History

Alta Equipment Group Inc. granted a 0.95% dividend yield in the last twelve months. The annual payout for that period amounted to $0.11 per share.


PeriodTTM202120202019
Dividend$0.11$0.00$0.00$0.00

Dividend yield

0.95%0.00%0.00%0.00%

ALTGDrawdowns Chart

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


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%2022FebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember
-28.63%
-17.98%
ALTG (Alta Equipment Group Inc.)
Benchmark (^GSPC)

ALTGWorst Drawdowns

The table below shows the maximum drawdowns of the Alta Equipment Group 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 Alta Equipment Group Inc. is 64.62%, recorded on Mar 18, 2020. It took 204 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-64.62%Feb 20, 202020Mar 18, 2020204Jan 7, 2021224
-48.15%Nov 15, 2021159Jul 5, 2022
-20.21%May 25, 202150Aug 4, 202164Nov 3, 2021114
-11.56%Jan 8, 202115Jan 29, 20216Feb 8, 202121
-10.33%Apr 26, 20215Apr 30, 202110May 14, 202115
-8.55%Apr 19, 20212Apr 20, 20213Apr 23, 20215
-6.86%Mar 22, 20212Mar 23, 20215Mar 30, 20217
-5.75%Feb 9, 20212Feb 10, 20219Feb 24, 202111
-5.07%Nov 10, 20212Nov 11, 20211Nov 12, 20213
-4.97%Apr 7, 20212Apr 8, 20216Apr 16, 20218

ALTGVolatility Chart

Current Alta Equipment Group Inc. volatility is 21.98%. 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.


20.00%40.00%60.00%80.00%JulyAugustSeptemberOctoberNovemberDecember
21.98%
22.83%
ALTG (Alta Equipment Group Inc.)
Benchmark (^GSPC)