Albemarle Corp Stock Price on December 11, 2024
| ALB Stock | USD 89.99 0.79 0.89% |
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 89.99, as last reported on the 26th of December, with the highest price reaching 90.14 and the lowest price hitting 87.98 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 -0.0143, which signifies that the company had a -0.0143% 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 mean deviation of 2.55, and Risk Adjusted Performance of 0.0275 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 104.0087 | 50 Day MA 100.5648 | Beta 1.551 |
Albemarle |
Sharpe Ratio = -0.0143
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Estimated Market Risk
| 3.22 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
| -0.01 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 1.3213 | Enterprise Value Ebitda 22.4492 | Price Sales 1.6268 | Shares Float 117.1 M | Dividend Share 1.605 |
Albemarle Corp Main Headline on 11th of December 2024
Battery Materials Market to Reach USD 89.27 Billion by 2032,... by finance.yahoo.com
The growing demand for electric vehicles and renewable energy storage solutions is driving the Battery Materials Market.Austin, Dec. 11, 2024 -- Market Size Growth Insights According to the SNS Insider, The Battery Materials Market Size was valued at USD 43.63 billion in 2023 and is expected to reach USD 89.27 billion by 2032, growing at a CAGR of 8.31 percent over the forecast period 2024-2032. Rising Demand for Energy Storage Drives Growth in the Battery Materials Market The Bat
Albemarle Corp Valuation on December 11, 2024
It is possible to determine the worth of Albemarle Corp on a given historical date. On December 11, 2024 Albemarle was worth 104.04 at the beginning of the trading date compared to the closed value of 103.43. 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 | |
| 108.07 | 108.74 | 103.09 | 103.57 | 1,535,817 | |
12/11/2024 | 104.04 | 104.04 | 101.18 | 103.43 | 1,502,504 |
| 103.20 | 104.12 | 101.80 | 102.90 | 1,136,904 |
| Backtest Albemarle Corp | | | Albemarle Corp History | | | Albemarle Corp Valuation | Previous | Next |
Albemarle Corp Trading Date Momentum on December 11, 2024
| On December 12 2024 Albemarle Corp was traded for 102.90 at the closing time. Highest Albemarle Corp's price during the trading hours was 104.12 and the lowest price during the day was 101.80 . The net volume was 1.1 M. The overall trading history on the 12th of December 2024 contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.51% . The overall trading delta to current price is 13.92% . |
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 26, 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 26, 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 | 0.0275 | |||
| Jensen Alpha | 0.0382 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0128 | |||
| Treynor Ratio | 0.0705 |
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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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