AltaGas Ltd

10-Year Study

ALA.TO · Energy · CA · Common Stock

Executive Summary: AltaGas Ltd has compounded at 10.6% annually over the last 10 years, with a maximum drawdown of 53.1% and an annualized volatility of 28.6%.

1Y CAGR
+35.6%
3Y CAGR
+34.6%
5Y CAGR
+20.2%
10Y CAGR
+10.6%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
53.1%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.34
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
0.43
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
26.5%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2021 · +52.1%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2018 · -46.8%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
70%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026-1.912.94.12.6————————18.3%
20250.25.712.33.4-6.03.93.5-0.56.1-4.04.7-2.229.0%
20240.54.13.90.91.91.56.54.9-2.2-0.62.9-1.324.9%
20236.4-5.9-2.65.2-2.94.69.41.5-0.4-1.17.11.824.4%
2022-4.46.91.24.93.9-10.25.0-0.7-5.8-7.1-8.14.7-11.0%
20211.92.09.010.14.49.21.8-4.0-0.82.8-4.812.752.1%
20208.2-5.5-35.931.2-10.76.47.71.0-4.25.510.80.90.4%
2019-2.732.1-0.11.810.01.92.4-10.28.0-1.13.20.850.1%
2018-3.1-3.5-9.14.63.67.4-1.8-7.7-14.6-18.8-11.7-3.2-46.8%
2017-8.20.7-0.1-0.1-1.0-0.8-1.6-4.04.42.90.3-1.8-9.4%
2016———-8.2-0.14.16.52.6-0.1-1.1-1.14.46.4%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 28.6%. The dominant macroeconomic risk driver is SHV.US, accounting for 47.9% of variance. Idiosyncratic stock-specific factors contribute 14.8%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-019179.6267885971
2016-05-019173.25953333534
2016-06-019553.84090886302
2016-07-0110173.47010398179
2016-08-0110433.72539582268
2016-09-0110426.555966669677
2016-10-0110308.185181842795
2016-11-0110191.318473062
2016-12-0110639.432863058892
2017-01-019766.316718306613
2017-02-019837.258971813617
2017-03-019829.588183978582
2017-04-019817.705983214511
2017-05-019719.038594591344
2017-06-019636.565091397688
2017-07-019478.236019613154
2017-08-019101.264426596075
2017-09-019504.557350419638
2017-10-019784.465902596035
2017-11-019818.508157105758
2017-12-019642.78193905484
2018-01-019347.331267735564
2018-02-019019.442689689058
2018-03-018200.122331518414
2018-04-018574.085772443323
2018-05-018879.413209798555
2018-06-019538.399061456546
2018-07-019361.970941250791
2018-08-018639.162129370596
2018-09-017381.253196161599
2018-10-015994.846032748749
2018-11-015295.35039958287
2018-12-015125.941300925509
2019-01-014988.619157917959
2019-02-016590.961505680395
2019-03-016586.649821014951
2019-04-016704.921703478048
2019-05-017375.89468426844
2019-06-017519.67880946256
2019-07-017701.57203918738
2019-08-016919.525917311109
2019-09-017474.141910355874
2019-10-017393.233695694484
2019-11-017632.027130988358
2019-12-017693.811942247035
2020-01-018321.808425601446
2020-02-017865.600311297963
2020-03-015040.094508167917
2020-04-016613.933012920582
2020-05-015905.174623571676
2020-06-016283.556089743684
2020-07-016769.149773847332
2020-08-016836.302105022972
2020-09-016548.088853354848
2020-10-016909.558280779047
2020-11-017658.859949244191
2020-12-017725.57000748885
2021-01-017869.783974158594
2021-02-018027.55778982576
2021-03-018749.308962554636
2021-04-019634.658087785576
2021-05-0110059.325209183098
2021-06-0110986.25277125522
2021-07-0111185.90194429345
2021-08-0110737.857949229423
2021-09-0110653.883468290865
2021-10-0110956.582712380532
2021-11-0110425.955603112168
2021-12-0111753.871232923548
2022-01-0111237.407376370336
2022-02-0112016.405401019576
2022-03-0112164.221142812648
2022-04-0112763.744333936962
2022-05-0113267.691627476968
2022-06-0111913.309429209898
2022-07-0112514.237374789587
2022-08-0112422.125071920982
2022-09-0111706.792355219657
2022-10-0110874.703409802578
2022-11-019989.501549504334
2022-12-0110461.5812853688
2023-01-0111132.767991564759
2023-02-0110479.47971228592
2023-03-0110207.48425039719
2023-04-0110737.566288161426
2023-05-0110429.482311370455
2023-06-0110907.32354866013
2023-07-0111929.310624786336
2023-08-0112108.044352318808
2023-09-0112065.097499122525
2023-10-0111930.783274113277
2023-11-0112782.98248923528
2023-12-0113016.35437559468
2024-01-0113077.177661594758
2024-02-0113610.55977262346
2024-03-0114142.985617855444
2024-04-0114265.886810580894
2024-05-0114535.322348931819
2024-06-0114754.076756322624
2024-07-0115713.494405103947
2024-08-0116477.215127384865
2024-09-0116116.236264314379
2024-10-0116015.148450677803
2024-11-0116482.076782695363
2024-12-0116263.8626654797
2025-01-0116293.011559495179
2025-02-0117220.84757407418
2025-03-0119333.818216091193
2025-04-0119985.29915301424
2025-05-0118780.30479751004
2025-06-0119521.944386279003
2025-07-0120203.459719345286
2025-08-0120104.68702520256
2025-09-0121336.60026288429
2025-10-0120485.72260709335
2025-11-0121456.020648109698
2025-12-0120981.860842884216
2026-01-0120590.801070902147
2026-02-0123242.988498831837
2026-03-0124190.556407865315
2026-04-0124827.281934041253
Annual Return Matrix
YearAnnual Return
2017-0.09367519273179647
2018-0.4684167563548637
20190.5009559202049167
20200.004127741291339637
20210.5214244672599988
2022-0.10994589969089841
20230.2442052516285369
20240.24949445875367493
20250.2900908765922219
20260.18327359617682193
Total Factor Risk
0.2862289185724274
VTI.US Exposure
0.054133901802555735
VEA.US Exposure
0.015563617048332461
VWO.US Exposure
0.002751344367229784
QQQ.US Exposure
0.03126652954383558
VTV.US Exposure
-0.007905931567074932
IJR.US Exposure
-0.011584330629417076
QUAL.US Exposure
0.004329787646659214
SHV.US Exposure
0.4787324010031211
TLT.US Exposure
0.04323763784013337
LQD.US Exposure
0.07546388579384021
HYG.US Exposure
0.06426023893480619
GLD.US Exposure
-0.0018482690551703989
USO.US Exposure
0.014034821513343764
VNQ.US Exposure
0.03967777472318188
BTC-USD.CC Exposure
-0.0003806367684850169
CPER.US Exposure
0.0003421854203461054
VIX.INDX Exposure
0.0009000747397617097
UUP.US Exposure
-0.00011680311187883158
TIP.US Exposure
0.04937784185159586
Idiosyncratic Exposure
0.14776392890328355
Value Score
42.1
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
31.6
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
28.6%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →19.6x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →2.63%
Market Cap$15.2B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$325
Avg Yield on Cost
1.63%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2025$157.931.58%Solid
2026$167.451.67%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+5.8%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+16.2%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
0.0% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
0.49
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is AltaGas Ltd a high-risk investment?

AltaGas Ltd (ALA.TO) has an annualized volatility of 28.6% and experienced a maximum drawdown of 53.1% over the last 10 years. Its primary macro risk driver is SHV.US.

What is the 10-year return of ALA.TO?

Over the past 10 years, ALA.TO has generated a Compound Annual Growth Rate (CAGR) of 10.6%. It has had a positive return in 70% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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