Analysis for AltaGas
Description & usage
AltaGas is a North American energy infrastructure operator with gas utilities, midstream assets, and regulated distribution networks. The company benefits from long-duration infrastructure cash flows and contracted demand exposure. Key factors are throughput volumes, tariff regulation, funding costs, and returns on expansion capex.
Basic info
- Symbol
- ALA.TO
- Type
- Stock
- Region
- Canada
- Sector
- Energy
- Available history
- 11.2 years
- Last trading day
- 03/30/2026
Basic info
- Symbol
- ALA.TO
- Type
- Stock
- Region
- Canada
- Sector
- Energy
- Available history
- 11.2 years
- Last trading day
- 03/30/2026
Market context
- DXY
- 120.89
- US 10Y Real
- 1.99%
- Fed Balance
- $6.68T
- CPI YoY
- 2.4%
- Fed Rate
- 3.75%
- US 10Y
- 4.35%
- VIX
- 24.54
- HY OAS
- 3.17%
- Brent
- $121.88
- Core CPI
- 2.5%
- US 2Y
- 3.84%
- ISM PMI
- –
Score overview
The overall score combines Performance, Stability and Trend into one comparable value.
Market context
- DXY
- 120.89
- US 10Y Real
- 1.99%
- Fed Balance
- $6.68T
- CPI YoY
- 2.4%
- Fed Rate
- 3.75%
- US 10Y
- 4.35%
- VIX
- 24.54
- HY OAS
- 3.17%
- Brent
- $121.88
- Core CPI
- 2.5%
- US 2Y
- 3.84%
- ISM PMI
- –
Analysis summary
Technical asset picture
AltaGas (ALA.TO) currently has a total score of 70 points, placing it in the strong range. The score is made up of Performance (61), Stability (77) and Trend (80). All three sub-scores are currently above average.
Performance scores 61 points (strong). Key strength: 3Y return at 125.7 %. Even the weakest return is still strong in absolute terms: 10Y return at 48.4 %.
Stability scores 77 points (strong). Key strength: current drawdown at 0.0 %. Main drag: max drawdown (10Y) at -80.3 %. That indicates very deep historical drawdowns. Higher Stability points are better and typically reflect calmer swings and smaller drawdowns-but prices can still fall.
Trend scores 80 points (very strong). Key strength: Price is about 8.1 % above SMA50. Main drag: 12M momentum at 19.7 %.
Overall, the score is shaped most by Trend; Performance trails and dampens the total. On a metric level, current drawdown stands out, while max drawdown (10Y) is the main weak spot.
Current market backdrop
The backdrop currently looks mixed and rather restrictive.
A strong US dollar currently paints a mixed risk picture.
High US real yields and elevated long yields lean toward a restrictive rate backdrop.
What that typically means here
For energy and oil-linked assets, higher Brent typically leans supportive.
Note: ISM PMI was not used actively in the effect logic.
Historical evaluation and qualitative market context only, not investment advice.
Price chart
Use the chart to read recent price behavior before drilling into metrics.
Scores and metrics
Explore the overall score, the three pillar scores, and the metrics behind them.