Albany International Stock Price on December 1, 2024
| AIN Stock | USD 85.15 2.25 2.71% |
Below is the normalized historical share price chart for Albany International extending back to September 30, 1987. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Albany International stands at 85.15, as last reported on the 2nd of December, with the highest price reaching 85.19 and the lowest price hitting 81.46 during the day.
If you're considering investing in Albany Stock, it is important to understand the factors that can impact its price. Albany International secures Sharpe Ratio (or Efficiency) of -0.0312, which signifies that the company had a -0.0312% return per unit of standard deviation over the last 3 months. Albany International exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Albany International's mean deviation of 1.77, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide.
At this time, Albany International's Total Stockholder Equity is very stable compared to the past year. As of the 2nd of December 2024, Common Stock Shares Outstanding is likely to grow to about 33.2 M, while Liabilities And Stockholders Equity is likely to drop about 1.2 B. . At this time, Albany International's Price To Sales Ratio is very stable compared to the past year. As of the 2nd of December 2024, Price Earnings To Growth Ratio is likely to grow to 1.77, while Price Earnings Ratio is likely to drop 17.48. Albany Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 30th of September 1987 | 200 Day MA 86.2668 | 50 Day MA 78.6278 | Beta 1.294 |
Albany |
Sharpe Ratio = -0.0312
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Estimated Market Risk
| 2.52 actual daily | 22 78% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Albany International is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Albany International by adding Albany International to a well-diversified portfolio.
Price Book 2.6183 | Enterprise Value Ebitda 11.8064 | Price Sales 2.0475 | Shares Float 31 M | Dividend Share 1.04 |
Albany International Valuation on December 1, 2024
It is possible to determine the worth of Albany International on a given historical date. On December 1, 2024 Albany was worth 82.75 at the beginning of the trading date compared to the closed value of 82.9. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Albany International stock. Still, in general, we apply an absolute valuation method to find Albany International's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Albany International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Albany International's related companies.
| Open | High | Low | Close | Volume | |
| 83.84 | 84.11 | 82.35 | 82.40 | 155,796 | |
11/29/2024 | 82.75 | 83.22 | 82.36 | 82.90 | 142,315 |
| 82.92 | 85.19 | 81.46 | 85.15 | 299,010 |
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Albany International Trading Date Momentum on December 1, 2024
| On December 02 2024 Albany International was traded for 85.15 at the closing time. Highest Albany International's price during the trading hours was 85.19 and the lowest price during the day was 81.46 . The net volume was 299 K. The overall trading history on the 2nd of December contributed to the next trading period price boost. The overall trading delta to the next next day price was 2.71% . The overall trading delta to current price is 0.02% . |
Albany International Fundamentals Correlations and Trends
By evaluating Albany International's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Albany International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Albany financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Albany International Stock history
Albany International investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Albany is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Albany International will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Albany International stock prices may prove useful in developing a viable investing in Albany International
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 31.3 M | 33.2 M | |
| Net Income Applicable To Common Shares | 110.1 M | 62.2 M |
Albany International Quarterly Net Working Capital |
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Albany International Stock Technical Analysis
Albany International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Albany International Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
Albany International cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Albany International December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Albany International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Albany International shares will generate the highest return on investment. By undertsting and applying Albany International stock market strength indicators, traders can identify Albany International entry and exit signals to maximize returns
Albany International Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Albany International's price direction in advance. Along with the technical and fundamental analysis of Albany Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Albany to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (0.06) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Albany International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. To learn how to invest in Albany Stock, please use our How to Invest in Albany International guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Albany International. If investors know Albany will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Albany International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.34) | Dividend Share 1.04 | Earnings Share 3.2 | Revenue Per Share 40.587 | Quarterly Revenue Growth 0.061 |
The market value of Albany International is measured differently than its book value, which is the value of Albany that is recorded on the company's balance sheet. Investors also form their own opinion of Albany International's value that differs from its market value or its book value, called intrinsic value, which is Albany International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Albany International's market value can be influenced by many factors that don't directly affect Albany International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Albany International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Albany International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Albany International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.