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Alta Equipment Group Inc. (ALTG)

Equity · Currency in USD · Last updated Aug 11, 2022

Company Info

ISINUS02128L1061
CUSIP02128L106
SectorIndustrials
IndustryRental & Leasing Services

Trading Data

Previous Close$13.21
Year Range$8.81 - $16.99
EMA (50)$10.74
EMA (200)$11.94
Average Volume$69.46K
Market Capitalization$435.05M

ALTGShare Price Chart


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ALTGPerformance

The chart shows the growth of $10,000 invested in Alta Equipment Group Inc. in May 2019 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $13,619 for a total return of roughly 36.19%. All prices are adjusted for splits and dividends.


-30.00%-20.00%-10.00%0.00%10.00%MarchAprilMayJuneJulyAugust
2.48%
-4.35%
ALTG (Alta Equipment Group Inc.)
Benchmark (^GSPC)

ALTGReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M43.28%7.97%
6M-4.34%-6.88%
YTD-9.77%-11.66%
1Y6.10%-5.01%
5Y11.07%15.19%
10Y11.07%15.19%

ALTGMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-6.90%-7.48%-1.98%-8.98%-4.27%-16.71%25.31%17.53%
2021-3.95%11.80%22.53%-1.15%14.09%-9.35%-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%
20190.99%-0.47%0.21%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 0.04. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.500.000.501.00MarchAprilMayJuneJulyAugust
0.04
-0.25
ALTG (Alta Equipment Group Inc.)
Benchmark (^GSPC)

ALTGDividend History


Alta Equipment Group Inc. doesn't pay dividends

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%SeptemberOctoberNovemberDecember2022FebruaryMarchAprilMayJuneJulyAugust
-22.25%
-12.22%
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 84.07%. 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%MarchAprilMayJuneJulyAugust
84.07%
16.23%
ALTG (Alta Equipment Group Inc.)
Benchmark (^GSPC)