MGEE vs. ALE
Compare and contrast key facts about MGE Energy, Inc. (MGEE) and ALLETE, Inc. (ALE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MGEE or ALE.
Key characteristics
| MGEE | ALE | |
|---|---|---|
| YTD Return | 50.39% | 10.14% |
| 1Y Return | 53.78% | 27.60% |
| 3Y Return (Ann) | 13.73% | 4.82% |
| 5Y Return (Ann) | 9.87% | -0.30% |
| 10Y Return (Ann) | 11.72% | 6.56% |
| Sharpe Ratio | 1.78 | 1.56 |
| Sortino Ratio | 3.38 | 2.76 |
| Omega Ratio | 1.40 | 1.37 |
| Calmar Ratio | 2.10 | 0.93 |
| Martin Ratio | 9.15 | 7.53 |
| Ulcer Index | 5.77% | 3.53% |
| Daily Std Dev | 29.67% | 17.10% |
| Max Drawdown | -38.18% | -73.95% |
| Current Drawdown | 0.00% | -8.96% |
Fundamentals
| MGEE | ALE | |
|---|---|---|
| Market Cap | $3.87B | $3.77B |
| EPS | $3.27 | $3.11 |
| PE Ratio | 32.68 | 20.92 |
| PEG Ratio | 0.00 | 2.22 |
| Total Revenue (TTM) | $1.03B | $1.57B |
| Gross Profit (TTM) | $389.25M | $319.90M |
| EBITDA (TTM) | $371.00M | $412.80M |
Correlation
The correlation between MGEE and ALE 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
MGEE vs. ALE - Performance Comparison
In the year-to-date period, MGEE achieves a 50.39% return, which is significantly higher than ALE's 10.14% return. Over the past 10 years, MGEE has outperformed ALE with an annualized return of 11.72%, while ALE has yielded a comparatively lower 6.56% 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
MGEE vs. ALE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MGE Energy, Inc. (MGEE) and ALLETE, Inc. (ALE). 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
MGEE vs. ALE - Dividend Comparison
MGEE's dividend yield for the trailing twelve months is around 1.63%, less than ALE's 4.29% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGEE MGE Energy, Inc. | 1.63% | 2.32% | 2.27% | 1.85% | 2.06% | 1.75% | 2.20% | 2.00% | 1.85% | 2.49% | 2.43% | 0.00% |
ALE ALLETE, Inc. | 3.25% | 4.43% | 4.03% | 3.80% | 3.99% | 2.90% | 2.94% | 2.88% | 3.24% | 3.97% | 3.55% | 3.81% |
Drawdowns
MGEE vs. ALE - Drawdown Comparison
The maximum MGEE drawdown since its inception was -38.18%, smaller than the maximum ALE drawdown of -73.95%. Use the drawdown chart below to compare losses from any high point for MGEE and ALE. For additional features, visit the drawdowns tool.
Volatility
MGEE vs. ALE - Volatility Comparison
MGE Energy, Inc. (MGEE) has a higher volatility of 10.54% compared to ALLETE, Inc. (ALE) at 1.52%. This indicates that MGEE's price experiences larger fluctuations and is considered to be riskier than ALE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
MGEE vs. ALE - Financials Comparison
This section allows you to compare key financial metrics between MGE Energy, Inc. and ALLETE, 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