Albemarle Corp Stock Price on August 25, 2024
| ALB Stock | USD 88.29 0.86 0.96% |
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 88.29, as last reported on the 29th of December, with the highest price reaching 90.85 and the lowest price hitting 87.30 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 secures Sharpe Ratio (or Efficiency) of -0.0167, which signifies that the company had a -0.0167% return per unit of standard deviation over the last 3 months. Albemarle Corp exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Albemarle Corp's risk adjusted performance of 0.0292, and Mean Deviation of 2.49 to double-check the risk estimate we provide.
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 103.6473 | 50 Day MA 100.2338 | Beta 1.551 |
Albemarle |
Sharpe Ratio = -0.0167
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | ALB |
Estimated Market Risk
| 3.2 actual daily | 28 72% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Albemarle Corp 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 Albemarle Corp by adding Albemarle Corp to a well-diversified portfolio.
Price Book 1.2963 | Enterprise Value Ebitda 22.4492 | Price Sales 1.5961 | Shares Float 117.1 M | Dividend Share 1.605 |
Albemarle Corp Main Headline on 23rd of August 2024
Disposition of 2824 shares by Mark Mummert of Albemarle Corp... by Mark Mummert
Filed transaction by Albemarle Corp Officer Svp, Capital Projects. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Albemarle Corp Valuation on August 25, 2024
It is possible to determine the worth of Albemarle Corp on a given historical date. On August 25, 2024 Albemarle was worth 87.09 at the beginning of the trading date compared to the closed value of 89.73. 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 | |
| 87.14 | 87.14 | 84.86 | 86.14 | 2,588,302 | |
08/23/2024 | 87.09 | 90.06 | 86.26 | 89.73 | 2,203,776 |
| 90.49 | 90.90 | 87.63 | 88.19 | 2,020,231 |
| Backtest Albemarle Corp | | | Albemarle Corp History | | | Albemarle Corp Valuation | Previous | Next |
Albemarle Corp Trading Date Momentum on August 25, 2024
| On August 26 2024 Albemarle Corp was traded for 88.19 at the closing time. Highest Albemarle Corp's price during the trading hours was 90.90 and the lowest price during the day was 87.63 . The net volume was 2 M. The overall trading history on the 26th of August contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.72% . The overall trading delta to current price is 3.53% . |
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 |
|
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 29, 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 29, 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 | 0.0292 | |||
| Jensen Alpha | 0.0877 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0196 | |||
| Treynor Ratio | (0.29) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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.
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |