ALE vs. MGEE
Compare and contrast key facts about ALLETE, Inc. (ALE) and MGE Energy, Inc. (MGEE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALE or MGEE.
Key characteristics
| ALE | MGEE | |
|---|---|---|
| YTD Return | 10.31% | 42.87% |
| 1Y Return | 26.52% | 45.08% |
| 3Y Return (Ann) | 5.13% | 11.65% |
| 5Y Return (Ann) | 0.13% | 9.16% |
| 10Y Return (Ann) | 6.18% | 10.60% |
| Sharpe Ratio | 1.49 | 1.49 |
| Sortino Ratio | 2.66 | 2.92 |
| Omega Ratio | 1.35 | 1.34 |
| Calmar Ratio | 0.89 | 1.75 |
| Martin Ratio | 7.22 | 7.60 |
| Ulcer Index | 3.53% | 5.77% |
| Daily Std Dev | 17.12% | 29.35% |
| Max Drawdown | -73.95% | -38.18% |
| Current Drawdown | -8.82% | 0.00% |
Fundamentals
| ALE | MGEE | |
|---|---|---|
| Market Cap | $3.77B | $3.68B |
| EPS | $3.12 | $3.41 |
| PE Ratio | 20.89 | 29.77 |
| PEG Ratio | 2.22 | 0.00 |
| Total Revenue (TTM) | $1.57B | $1.03B |
| Gross Profit (TTM) | $319.90M | $389.25M |
| EBITDA (TTM) | $412.80M | $371.00M |
Correlation
The correlation between ALE and MGEE is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ALE vs. MGEE - Performance Comparison
In the year-to-date period, ALE achieves a 10.31% return, which is significantly lower than MGEE's 42.87% return. Over the past 10 years, ALE has underperformed MGEE with an annualized return of 6.18%, while MGEE has yielded a comparatively higher 10.60% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ALE vs. MGEE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ALLETE, Inc. (ALE) and MGE Energy, Inc. (MGEE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ALE vs. MGEE - Dividend Comparison
ALE's dividend yield for the trailing twelve months is around 4.29%, more than MGEE's 1.71% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALE ALLETE, Inc. | 4.29% | 4.43% | 4.03% | 3.80% | 3.99% | 2.90% | 2.94% | 2.88% | 3.24% | 3.97% | 3.55% | 3.81% |
MGEE MGE Energy, Inc. | 1.71% | 2.32% | 2.27% | 1.85% | 2.06% | 1.75% | 2.20% | 2.00% | 1.85% | 2.49% | 2.43% | 0.00% |
Drawdowns
ALE vs. MGEE - Drawdown Comparison
The maximum ALE drawdown since its inception was -73.95%, which is greater than MGEE's maximum drawdown of -38.18%. Use the drawdown chart below to compare losses from any high point for ALE and MGEE. For additional features, visit the drawdowns tool.
Volatility
ALE vs. MGEE - Volatility Comparison
The current volatility for ALLETE, Inc. (ALE) is 1.49%, while MGE Energy, Inc. (MGEE) has a volatility of 9.80%. This indicates that ALE experiences smaller price fluctuations and is considered to be less risky than MGEE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ALE vs. MGEE - Financials Comparison
This section allows you to compare key financial metrics between ALLETE, Inc. and MGE Energy, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities