Allete Inc Stock Price History

ALE Stock  USD 65.68  0.33  0.50%   
Below is the normalized historical share price chart for Allete Inc extending back to May 03, 1973. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Allete stands at 65.68, as last reported on the 31st of January, with the highest price reaching 65.68 and the lowest price hitting 65.40 during the day.
IPO Date
3rd of May 1973
200 Day MA
63.6233
50 Day MA
64.9078
Beta
0.786
 
Inflation
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Allete Stock, it is important to understand the factors that can impact its price. At this point, Allete is very steady. Allete Inc secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Allete Inc, which you can use to evaluate the volatility of the firm. Please confirm Allete's Downside Deviation of 0.2907, mean deviation of 0.2565, and Risk Adjusted Performance of 0.1062 to double-check if the risk estimate we provide is consistent with the expected return of 0.0629%.
  
At present, Allete's Common Stock Total Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 2.2 B, whereas Liabilities And Stockholders Equity is forecasted to decline to about 3.8 B. . At present, Allete's Price Cash Flow Ratio is projected to increase slightly based on the last few years of reporting. Allete Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1818

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashALEAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 0.35
  actual daily
3
97% of assets are more volatile

Expected Return

 0.06
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.18
  actual daily
14
86% of assets perform better
Based on monthly moving average Allete is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Allete by adding it to a well-diversified portfolio.
Price Book
1.3413
Enterprise Value Ebitda
11.2326
Price Sales
2.4224
Shares Float
57.6 M
Dividend Share
2.793

Allete Stock Price History Chart

There are several ways to analyze Allete Stock price data. The simplest method is using a basic Allete candlestick price chart, which shows Allete price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceJanuary 21, 202565.89
Lowest PriceOctober 31, 202463.21

Allete January 31, 2025 Stock Price Synopsis

Various analyses of Allete's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Allete Stock. It can be used to describe the percentage change in the price of Allete from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Allete Stock.
Allete Price Daily Balance Of Power 1.18 
Allete Price Action Indicator 0.31 
Allete Price Rate Of Daily Change 1.01 
Allete Accumulation Distribution 2,006 

Allete January 31, 2025 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Allete Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Allete intraday prices and daily technical indicators to check the level of noise trading in Allete Stock and then apply it to test your longer-term investment strategies against Allete.

Allete Stock Price History Data

The price series of Allete for the period between Sat, Nov 2, 2024 and Fri, Jan 31, 2025 has a statistical range of 2.68 with a coefficient of variation of 1.02. The prices are distributed with arithmetic mean of 64.65. The median price for the last 90 days is 64.67. The company had 1:3 stock split on 21st of September 2004. Allete Inc issued dividends on 2024-11-15.
OpenHighLowCloseVolume
01/30/2025 65.52  65.68  65.40  65.68  470,590 
01/29/2025 65.43  65.58  65.35  65.35  295,381 
01/28/2025 65.40  65.58  65.39  65.56  319,519 
01/27/2025 65.60  65.71  65.36  65.48  420,128 
01/24/2025 65.44  65.68  65.44  65.60  322,559 
01/23/2025 65.46  65.72  65.40  65.70  288,792 
01/22/2025 65.87  65.91  65.47  65.47  337,364 
01/21/2025 65.78  65.95  65.76  65.89  462,725 
01/17/2025 65.61  65.78  65.49  65.73  572,181 
01/16/2025 65.36  65.68  65.36  65.61  680,843 
01/15/2025 65.50  65.67  65.14  65.50  856,072 
01/14/2025 65.20  65.50  65.06  65.45  391,171 
01/13/2025 65.11  65.23  65.07  65.17  312,587 
01/10/2025 65.30  65.34  65.07  65.21  288,721 
01/08/2025 64.84  65.36  64.84  65.30  578,374 
01/07/2025 64.83  65.05  64.81  64.95  227,275 
01/06/2025 64.85  65.11  64.77  64.98  408,318 
01/03/2025 64.94  65.17  64.81  65.04  232,674 
01/02/2025 64.75  65.06  64.72  64.90  437,432 
12/31/2024 64.55  65.06  64.55  64.80  208,328 
12/30/2024 64.45  64.74  64.35  64.63  244,619 
12/27/2024 64.55  64.59  64.41  64.43  237,797 
12/26/2024 64.30  64.61  64.30  64.61  364,999 
12/24/2024 64.51  64.64  64.31  64.37  305,400 
12/23/2024 64.55  64.69  64.47  64.60  275,789 
12/20/2024 64.45  64.75  64.45  64.50  1,039,325 
12/19/2024 64.45  64.69  64.44  64.60  350,298 
12/18/2024 64.65  64.81  64.36  64.36  448,971 
12/17/2024 64.65  64.72  64.59  64.68  285,514 
12/16/2024 64.63  64.74  64.60  64.67  231,355 
12/13/2024 64.56  64.78  64.56  64.64  211,066 
12/12/2024 64.84  64.84  64.55  64.55  270,298 
12/11/2024 64.84  64.85  64.60  64.83  848,303 
12/10/2024 64.59  64.86  64.53  64.82  272,056 
12/09/2024 64.51  64.82  64.51  64.76  294,249 
12/06/2024 64.65  64.78  64.35  64.54  354,487 
12/05/2024 64.75  64.80  64.64  64.76  257,326 
12/04/2024 64.57  64.77  64.52  64.75  242,120 
12/03/2024 65.00  65.00  64.53  64.59  287,458 
12/02/2024 65.06  65.11  64.78  64.84  201,570 
11/29/2024 64.93  65.09  64.80  64.88  138,769 
11/27/2024 64.83  65.00  64.73  64.88  233,600 
11/26/2024 64.91  65.00  64.70  64.87  184,080 
11/25/2024 64.90  65.19  64.87  65.00  451,281 
11/22/2024 64.40  64.96  64.40  64.93  444,686 
11/21/2024 64.49  64.54  64.29  64.35  384,113 
11/20/2024 64.33  64.41  63.97  64.37  274,375 
11/19/2024 64.26  64.60  64.02  64.54  173,969 
11/18/2024 64.30  64.55  64.18  64.45  196,768 
11/15/2024 64.19  64.39  63.80  64.36  293,818 
11/14/2024 64.01  64.23  63.80  63.84  212,300 
11/13/2024 64.32  64.38  63.96  64.01  264,100 
11/12/2024 64.53  64.81  64.28  64.36  251,500 
11/11/2024 64.40  64.95  64.40  64.53  353,000 
11/08/2024 64.09  64.54  64.04  64.46  251,800 
11/07/2024 64.15  64.27  63.86  63.93  258,900 
11/06/2024 63.70  64.25  63.63  64.18  436,000 
11/05/2024 63.30  63.69  63.30  63.65  179,100 
11/04/2024 63.25  63.45  63.17  63.31  177,400 
11/01/2024 63.11  63.60  63.10  63.35  207,500 
10/31/2024 63.34  63.45  63.18  63.21  234,000 

About Allete Stock history

Allete investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Allete is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Allete Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Allete stock prices may prove useful in developing a viable investing in Allete
Last ReportedProjected for Next Year
Common Stock Shares Outstanding66 M34.7 M
Net Income Applicable To Common Shares217.7 M132 M

Allete Stock Technical Analysis

Allete technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Allete technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Allete trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Did you try this?

Run Portfolio Anywhere Now

   

Portfolio Anywhere

Track or share privately all of your investments from the convenience of any device
All  Next Launch Module

Allete Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Allete's price direction in advance. Along with the technical and fundamental analysis of Allete Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Allete to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Allete Stock analysis

When running Allete's price analysis, check to measure Allete's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Allete is operating at the current time. Most of Allete's value examination focuses on studying past and present price action to predict the probability of Allete's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allete's price. Additionally, you may evaluate how the addition of Allete to your portfolios can decrease your overall portfolio volatility.
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Commodity Directory
Find actively traded commodities issued by global exchanges
Stocks Directory
Find actively traded stocks across global markets
Share Portfolio
Track or share privately all of your investments from the convenience of any device