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Alta Equipment Group Inc. (ALTG) Sharpe Ratio: -0.21

Equity · Currency in USD · Last updated Jul 17, 2026

ALTG's Sharpe Ratio of -0.21 indicates that for each unit of volatility, it generates -0.21 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 17, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

ALTG Sharpe Ratio Rank

ALTG Sharpe Ratio Rank: 35.235
Below Average

ALTG ranks above 35.2% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

ALTG Sharpe Ratio Market Positioning

The chart shows ALTG's Sharpe Ratio relative to all stocks on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): -0.43 or lower
  • Yellow zone (middle 50%): -0.43 to 1.00
  • Green zone (top 25%): 1.00 or higher
  • Top 1%: 4.47+
  • Median: 0.14 — half of all investments score higher

How it compares to other similar stocks

The table compares Alta Equipment Group Inc.'s Sharpe Ratio with other stocks in the Rental & Leasing Services industry across multiple time periods, showing how ALTG's risk-adjusted performance compares to industry peers.

Data shows 1-, 5-, and 10-year periods, plus each stock's all-time average, as of Jul 17, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
RRyder System, Inc.1.87
CTOSCustom Truck One Source, Inc.1.82
PRGPROG Holdings, Inc.1.48
TRTN-PBTriton International Ltd1.43
TRTN-PATriton International Ltd1.27
FTAIFortress Transportation and Infrastructure Investors LLC1.21
WLFCWillis Lease Finance Corporation0.95
URIUnited Rentals, Inc.0.84
GATXGATX Corporation0.79
UHALU-Haul Holding Company0.52
ALTGAlta Equipment Group Inc.-0.21

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows ALTG's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when ALTG consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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