Albany International Stock Technical Analysis

AIN Stock  USD 86.24  1.46  1.72%   
As of the 25th of November, Albany International shows the risk adjusted performance of (0.01), and Mean Deviation of 1.71. Albany International technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Albany International Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Albany, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Albany
  
Albany International's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Albany International Analyst Consensus

Target PriceAdvice# of Analysts
107.8Buy5Odds
Albany International current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Albany analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Albany stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Albany International, talking to its executives and customers, or listening to Albany conference calls.
Albany Analyst Advice Details
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.
A focus of Albany International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Albany International trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Albany International Technical Analysis

Indicator
Time Period
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The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Albany International volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Albany International Trend Analysis

Use this graph to draw trend lines for Albany International. You can use it to identify possible trend reversals for Albany International as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Albany International price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Albany International Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Albany International applied against its price change over selected period. The best fit line has a slop of   0.17  , which may imply that the returns on investment in Albany International will continue to fail. It has 122 observation points and a regression sum of squares at 1117.18, which is the sum of squared deviations for the predicted Albany International price change compared to its average price change.

About Albany International Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Albany International on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Albany International based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Albany International price pattern first instead of the macroeconomic environment surrounding Albany International. By analyzing Albany International's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Albany International's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Albany International specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.009050.0085660.01020.0175
Price To Sales Ratio3.082.992.672.8

Albany International November 25, 2024 Technical Indicators

Most technical analysis of Albany help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Albany from various momentum indicators to cycle indicators. When you analyze Albany charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Albany International November 25, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Albany stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Albany International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Albany International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Albany International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Albany International Stock:
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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.