Albemarle Stock Price on December 3, 2024
| ALB-PA Stock | 49.40 0.46 0.92% |
If you're considering investing in Albemarle Stock, it is important to understand the factors that can impact its price. As of today, the current price of Albemarle stands at 49.40, as last reported on the 4th of December, with the highest price reaching 49.98 and the lowest price hitting 49.00 during the day. Albemarle appears to be very steady, given 3 months investment horizon. Albemarle secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Albemarle, which you can use to evaluate the volatility of the firm. Please makes use of Albemarle's risk adjusted performance of 0.0835, and Mean Deviation of 2.11 to double-check if our risk estimates are consistent with your expectations.
At present, Albemarle's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 1.3 M, whereas Total Stockholder Equity is forecasted to decline to about 7.5 B. . Albemarle Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Albemarle |
Sharpe Ratio = 0.1331
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Estimated Market Risk
| 2.87 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.38 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Albemarle 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 by adding it to a well-diversified portfolio.
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Albemarle Valuation on December 3, 2024
It is possible to determine the worth of Albemarle on a given historical date. On December 3, 2024 Albemarle was worth 49.98 at the beginning of the trading date compared to the closed value of 49.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Albemarle stock. Still, in general, we apply an absolute valuation method to find Albemarle'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 where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Albemarle's related companies.
| Open | High | Low | Close | Volume | |
| 48.28 | 49.95 | 48.23 | 49.86 | 44,773 | |
12/03/2024 | 49.98 | 49.98 | 49.00 | 49.40 | 276,184 |
| 49.98 | 49.98 | 49.00 | 49.40 | 0.00 |
| Backtest Albemarle | | | Albemarle History | | | Albemarle Valuation | Previous | Next |
Albemarle Trading Date Momentum on December 3, 2024
| On December 04 2024 Albemarle was traded for 49.40 at the closing time. The maximum traded price for the trading interval was 49.98 and the lowest daily price was 49.00 . There was no trading activity during the period 0.0. Lack of trading volume on 4th of December 2024 did not affect price variability. The overall trading delta to the closing price today is 1.17% . |
Albemarle Fundamentals Correlations and Trends
By evaluating Albemarle'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'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 Stock history
Albemarle 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 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 stock prices may prove useful in developing a viable investing in Albemarle
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 117.4 M | 126.1 M |
Albemarle Quarterly Net Working Capital |
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Albemarle Stock Technical Analysis
Albemarle 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 Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Albemarle 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 December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Albemarle 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 shares will generate the highest return on investment. By undertsting and applying Albemarle stock market strength indicators, traders can identify Albemarle entry and exit signals to maximize returns
Albemarle Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Albemarle'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 | 0.0835 | |||
| Jensen Alpha | 0.165 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.0717 | |||
| Treynor Ratio | 0.2535 |
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| Math Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Albemarle Stock analysis
When running Albemarle's price analysis, check to measure Albemarle'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 is operating at the current time. Most of Albemarle's value examination focuses on studying past and present price action to predict the probability of Albemarle'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's price. Additionally, you may evaluate how the addition of Albemarle to your portfolios can decrease your overall portfolio volatility.
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