Acquisition by Susan Nestegard of 1585 shares of Allete subject to Rule 16b-3

ALE Stock  USD 64.87  0.01  0.02%   
About 52% of Allete's shareholders are presently thinking to get in. The analysis of overall sentiment of trading Allete Inc stock suggests that some investors are interested at this time. The current market sentiment, together with Allete's historical and current headlines, can help investors time the market. In addition, many technical investors use Allete Inc stock news signals to limit their universe of possible portfolio assets.
  
Filed transaction by Allete Inc Director . Grant, award or other acquisition pursuant to Rule 16b-3

Read at macroaxis.com
Allete insider trading alert for acquisition of common stock by Susan Nestegard, Director: , on 22nd of May 2024. This event was filed by Allete Inc with SEC on 2022-06-01. Statement of changes in beneficial ownership - SEC Form 4

Cash Flow Correlation

Allete's cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the Allete's relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.
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Allete Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards Allete can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Allete Fundamental Analysis

We analyze Allete's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Allete using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Allete based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Profit Margin

Profit Margin Comparative Analysis

Allete is currently under evaluation in profit margin category among its peers. Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.

Allete Inc Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Allete stock to make a market-neutral strategy. Peer analysis of Allete could also be used in its relative valuation, which is a method of valuing Allete by comparing valuation metrics with similar companies.

Peers

Allete Related Equities

MNTKMontauk Renewables   3.02   
0%
57.0%
CIGCompanhia Energetica   3.00   
0%
56.0%
BKHBlack Hills   0.55   
0%
10.0%
NWENorthWestern   0.44   
0%
8.0%
AVAAvista   0.16   
3.0%
0%
UTLUNITIL   0.45   
8.0%
0%
OTTROtter Tail   0.80   
15.0%
0%
BIPBrookfield Infrastructure   1.47   
27.0%
0%
AESAES   3.16   
59.0%
0%
ELPCompanhia Paranaense   5.28   
100.0%
0%

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.
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