Albemarle (Germany) Price on November 21, 2024
| AMC Stock | EUR 107.00 7.88 7.95% |
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 107.00, as last reported on the 11th of December 2024, with the highest price reaching 107.00 and the lowest price hitting 99.28 during the day. Albemarle appears to be very steady, given 3 months investment horizon. Albemarle 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's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please makes use of Albemarle's mean deviation of 3.0, and Risk Adjusted Performance of 0.1311 to double-check if our risk estimates are consistent with your expectations.
Albemarle Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Albemarle |
Sharpe Ratio = 0.1399
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Estimated Market Risk
| 3.78 actual daily | 33 67% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average Albemarle is performing at about 11% 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.
Albemarle Valuation on November 21, 2024
It is possible to determine the worth of Albemarle on a given historical date. On November 21, 2024 Albemarle was worth 103.46 at the beginning of the trading date compared to the closed value of 105.0. 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 | |
| 100.52 | 104.30 | 100.00 | 104.30 | 210.00 | |
11/21/2024 | 103.46 | 105.00 | 102.44 | 105.00 | 125.00 |
| 102.06 | 103.98 | 101.60 | 103.98 | 324.00 |
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Albemarle Trading Date Momentum on November 21, 2024
| On November 22 2024 Albemarle was traded for 103.98 at the closing time. The highest daily price throughout the period was 103.98 and the lowest price was 101.60 . The daily volume was 324. The net trading volume on 11/22/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.97% . The overall trading delta to current closing price is 2.97% . |
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
Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. The company was incorporated in 1993 and is headquartered in Charlotte, North Carolina. ALBEMARLE CORP operates under Specialty Chemicals classification in Germany and is traded on Frankfurt Stock Exchange. It employs 5900 people.
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 11, 2024
| High |
0.00 | 0.00 |
Albemarle cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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 11, 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 | 0.1311 | |||
| Jensen Alpha | 0.6026 | |||
| Total Risk Alpha | 0.0383 | |||
| Sortino Ratio | 0.2004 | |||
| Treynor Ratio | 0.873 |
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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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