ALTG vs LPAA
Comparison between Alta Equipment Group Inc - Class A (ALTG, Company) and Launch One Acquisition Corp - Class A (LPAA, Company).
ALTG is from the Industrials sector, while LPAA is from the Financial Services sector.
ALTG vs LPAA - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Market Cap
Winner
ALTG
$250M
LPAA
$249M
Max Drawdown
ALTG
80.11%
Winner
LPAA
1.44%
Sharpe Ratio
Winner
ALTG
0.61
LPAA
0.03
5Y Beta
ALTG
1.72
Winner
LPAA
-0.01
Industry
ALTG
Rental & Leasing Services
LPAA
Shell Companies
P/E Ratio
Winner
ALTG
-3.13
LPAA
33.98
Forward P/E
ALTG
222.22
LPAA
N/A
PEG Ratio
ALTG
-0.23
LPAA
N/A
Dividend Yield
ALTG
0.71%
LPAA
N/A
5Y EPS CAGR
ALTG
41.91%
LPAA
N/A
Debt to Equity
Winner
ALTG
-1754.06%
LPAA
0.00%
Free Cash Flow Yield
Winner
ALTG
24.37%
LPAA
-0.36%
ALTG vs LPAA - Historical Returns
Returns include dividend reinvestment.
1M
Winner
ALTG
+18.18%
LPAA
+0.74%
3M
Winner
ALTG
+32.47%
LPAA
+1.31%
6M
Winner
ALTG
+52.79%
LPAA
+2.36%
1Y
Winner
ALTG
+28.48%
LPAA
+3.73%
5Y(CAGR)
ALTG
-8.45%
LPAA
N/A
Max(CAGR)
ALTG
-1.53%
Winner
LPAA
+4.79%
ALTG vs LPAA - Annual Returns (2019 - 2026)
Returns include dividend reinvestment.
| Year | ALTG | LPAA |
|---|---|---|
| 2026 | +53.09% | +2.26% |
| 2025 | -28.48% | +5.37% |
| 2024 | -41.88% | +0.80% |
| 2023 | -5.49% | N/A |
| 2022 | -7.91% | N/A |
| 2021 | +52.98% | N/A |
| 2020 | -1.30% | N/A |
| 2019 | +3.20% | N/A |
ALTG vs LPAA Drawdown Comparison
The maximum drawdown for ALTG was -77.97%, occurring on Apr 8, 2025. This drawdown has not yet recovered.
The maximum drawdown for LPAA was -1.44%, occurring on Apr 24, 2025. Recovery took 29 trading sessions.
The current ALTG drawdown is -56.78%.
| Rank | ALTG | LPAA |
|---|---|---|
| #1 | -77.97% Mar 8, 2023 - Apr 8, 2025 | -1.44% Apr 23, 2025 - Jun 4, 2025 |
| #2 | -64.62% Feb 19, 2020 - Jan 7, 2021 | -0.75% Feb 23, 2026 - Mar 5, 2026 |
| #3 | -48.15% Nov 12, 2021 - Jan 31, 2023 | -0.74% Mar 5, 2026 - Apr 20, 2026 |
| #4 | -20.21% May 24, 2021 - Nov 3, 2021 | -0.67% Jun 13, 2025 - Aug 29, 2025 |
| #5 | -11.56% Jan 7, 2021 - Feb 8, 2021 | -0.47% Nov 7, 2025 - Dec 5, 2025 |
| #6 | -10.33% Apr 23, 2021 - May 14, 2021 | -0.39% Feb 25, 2025 - Mar 12, 2025 |
| #7 | -8.55% Apr 16, 2021 - Apr 23, 2021 | -0.37% Apr 20, 2026 - May 7, 2026 |
| #8 | -6.86% Mar 19, 2021 - Mar 30, 2021 | -0.37% May 8, 2026 - May 27, 2026 |
| #9 | -5.75% Feb 8, 2021 - Feb 24, 2021 | -0.30% Aug 29, 2025 - Sep 18, 2025 |
| #10 | -5.07% Nov 9, 2021 - Nov 12, 2021 | -0.29% Mar 13, 2025 - Mar 21, 2025 |
| #11 | -4.97% Apr 6, 2021 - Apr 16, 2021 | -0.28% Oct 21, 2025 - Nov 7, 2025 |
| #12 | -3.53% Feb 7, 2023 - Feb 14, 2023 | -0.28% Dec 22, 2025 - Jan 12, 2026 |
| #13 | -3.46% Feb 24, 2021 - Mar 5, 2021 | -0.28% Jan 20, 2026 - Feb 11, 2026 |
| #14 | -2.53% May 14, 2021 - May 24, 2021 | -0.20% Sep 9, 2024 - Nov 6, 2024 |
| #15 | -2.20% Feb 15, 2023 - Feb 27, 2023 | -0.20% Dec 11, 2024 - Dec 31, 2024 |
Correlation
Correlation between ALTG and LPAA is 0.07 which considered as a very weak or no correlation - the stocks move independently of each other.
0.07
-101
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