Albemarle Corp Stock Price on August 5, 2024
| ALB Stock | USD 111.30 3.60 3.34% |
Below is the normalized historical share price chart for Albemarle Corp extending back to February 22, 1994. 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 Albemarle Corp stands at 111.30, as last reported on the 3rd of December, with the highest price reaching 111.46 and the lowest price hitting 106.94 during the day.
If you're considering investing in Albemarle Stock, it is important to understand the factors that can impact its price. Albemarle Corp appears to be very steady, given 3 months investment horizon. Albemarle Corp secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of standard deviation over the last 3 months. By analyzing Albemarle Corp's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please makes use of Albemarle Corp's risk adjusted performance of 0.083, and Mean Deviation of 2.73 to double-check if our risk estimates are consistent with your expectations.
At present, Albemarle Corp's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 19.2 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 81.9 M. . At present, Albemarle Corp's Price Book Value Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 2.06, whereas Price To Sales Ratio is forecasted to decline to 1.63. Albemarle Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 17th of February 1994 | 200 Day MA 106.0559 | 50 Day MA 99.3676 | Beta 1.551 |
Albemarle |
Sharpe Ratio = 0.1357
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Estimated Market Risk
| 3.75 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.51 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Albemarle Corp is performing at about 10% of its full potential. 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 Albemarle Corp by adding it to a well-diversified portfolio.
Price Book 1.5813 | Enterprise Value Ebitda 22.4492 | Price Sales 2.012 | Shares Float 117.1 M | Dividend Share 1.605 |
Albemarle Corp Valuation on August 5, 2024
It is possible to determine the worth of Albemarle Corp on a given historical date. On August 5, 2024 Albemarle was worth 79.93 at the beginning of the trading date compared to the closed value of 83.14. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Albemarle Corp stock. Still, in general, we apply an absolute valuation method to find Albemarle Corp'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 Albemarle Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Albemarle Corp's related companies.
| Open | High | Low | Close | Volume | |
| 88.38 | 88.38 | 81.87 | 86.59 | 5,807,206 | |
08/05/2024 | 79.93 | 85.05 | 79.53 | 83.14 | 5,285,403 |
| 83.67 | 83.73 | 79.10 | 79.17 | 3,707,779 |
| Backtest Albemarle Corp | | | Albemarle Corp History | | | Albemarle Corp Valuation | Previous | Next |
Albemarle Corp Trading Date Momentum on August 5, 2024
| On August 06 2024 Albemarle Corp was traded for 79.17 at the closing time. Highest Albemarle Corp's price during the trading hours was 83.73 and the lowest price during the day was 79.10 . The net volume was 3.7 M. The overall trading history on the 6th of August contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 4.78% . The overall trading delta to current price is 11.22% . |
Albemarle Corp Fundamentals Correlations and Trends
By evaluating Albemarle Corp'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 Albemarle Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Albemarle financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Albemarle Corp Stock history
Albemarle Corp 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 Albemarle is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Albemarle Corp 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 Albemarle Corp stock prices may prove useful in developing a viable investing in Albemarle Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 117.8 M | 81.9 M | |
| Net Income Applicable To Common Shares | 3.1 B | 3.2 B |
Albemarle Corp Quarterly Net Working Capital |
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Albemarle Corp Stock Technical Analysis
Albemarle Corp 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
Albemarle Corp Period Price Range
Low | December 3, 2024
| High |
0.00 | 0.00 |
Albemarle Corp 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.
Albemarle Corp December 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Albemarle Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Albemarle Corp shares will generate the highest return on investment. By undertsting and applying Albemarle Corp stock market strength indicators, traders can identify Albemarle Corp entry and exit signals to maximize returns
Albemarle Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Albemarle Corp's price direction in advance. Along with the technical and fundamental analysis of Albemarle Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Albemarle 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 | 0.083 | |||
| Jensen Alpha | 0.1972 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0756 | |||
| Treynor Ratio | 0.2523 |
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Complementary Tools for Albemarle Stock analysis
When running Albemarle Corp's price analysis, check to measure Albemarle Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Albemarle Corp is operating at the current time. Most of Albemarle Corp's value examination focuses on studying past and present price action to predict the probability of Albemarle Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Albemarle Corp's price. Additionally, you may evaluate how the addition of Albemarle Corp to your portfolios can decrease your overall portfolio volatility.
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