ALLG, NYSE

Allego N.V. (ALLG)

Price (as of October 24)

3.52USD

Correlations

The correlation describes the statistical relationship between the value of two assets over time. Use this relationship to bet against an asset without shorting it or diversify your portfolio more effectively. Learn how you can use correlations to your advantage.

Lowest within Industry

Symbol Correlation

SUP

Superior Industries International, Inc.

-0.19

LIDR

AEye, Inc.

-0.15

DAN

Dana Incorporated

-0.13

HZN

Horizon Global Corporation

-0.12

HYLN

Hyliion Holdings Corp.

-0.11

LEA

Lear Corporation

-0.09

GT

The Goodyear Tire & Rubber Company

-0.08

RMO

Romeo Power, Inc.

-0.08

HLLY

Holley Inc.

-0.07

SES

SES AI Corporation

-0.07

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Highest within Industry

Symbol Correlation

XL

XL Fleet Corp.

0.2

VC

Visteon Corporation

0.15

AEVA

Aeva Technologies, Inc.

0.15

APTV

Aptiv PLC

0.15

BWA

BorgWarner Inc.

0.1

GGR

Gogoro Inc.

0.09

TEN

Tenneco Inc.

0.09

ADNT

Adient plc

0.09

ALV

Autoliv, Inc.

0.09

MLR

Miller Industries, Inc.

0.09

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Profile

Sector:
Consumer Cyclical
Industry:
Auto Parts

Allego N.V. operates as an electric vehicle (EV) charging company. The company offers charging solutions for electric cars, motors, buses, and trucks. It has a charging network with renewable energy and charging solutions for business-to-business customers, including leading retail and auto brands. The company has approximately 28,000 charging ports in Europe. It also provides Allego EV Cloud, a customer payment tool that offers essential services to owned and third-party customers comprising authorization and billing, smart charging and load balancing, analysis, and customer support. The company was founded in 2013 and is based in Arnhem, the Netherlands.