Albany International Stock Alpha and Beta Analysis
| AIN Stock | USD 83.09 2.06 2.42% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Albany International. It also helps investors analyze the systematic and unsystematic risks associated with investing in Albany International over a specified time horizon. Remember, high Albany International's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Albany International's market risk premium analysis include:
Beta 2.09 | Alpha (0.38) | Risk 2.52 | Sharpe Ratio (0.01) | Expected Return (0.03) |
Albany International Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Albany |
Albany International Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Albany International market risk premium is the additional return an investor will receive from holding Albany International long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Albany International. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Albany International's performance over market.| α | -0.38 | β | 2.09 |
Albany International expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Albany International's Buy-and-hold return. Our buy-and-hold chart shows how Albany International performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Albany International Market Price Analysis
Market price analysis indicators help investors to evaluate how Albany International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Albany International shares will generate the highest return on investment. By understating and applying Albany International stock market price indicators, traders can identify Albany International position entry and exit signals to maximize returns.
Albany International Return and Market Media
The median price of Albany International for the period between Thu, Sep 5, 2024 and Wed, Dec 4, 2024 is 82.53 with a coefficient of variation of 8.09. The daily time series for the period is distributed with a sample standard deviation of 6.51, arithmetic mean of 80.54, and mean deviation of 5.7. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| Albany International dividend paid on 7th of October 2024 | 10/07/2024 |
1 | Q2 2024 Albany International Corp Earnings Call Transcript | 10/09/2024 |
2 | Albany International Corp Q3 2024 Earnings Report Preview What To Look For | 10/30/2024 |
3 | Albany International Third Quarter 2024 Earnings EPS Beats Expectations | 11/01/2024 |
4 | Disposition of 1183 shares by Gregory Harwell of Albany International subject to Rule 16b-3 | 11/04/2024 |
5 | Albany International CFO Robert Starr acquires 71,380 in stock | 11/05/2024 |
6 | 9,008 Shares in Albany International Corp. Purchased by MQS Management LLC | 11/13/2024 |
7 | Albany International Corp. Announces Plans to Consolidate Manufacturing Capacity | 11/15/2024 |
8 | Albany International Rating Lowered to Hold at StockNews.com | 11/22/2024 |
About Albany International Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Albany or other stocks. Alpha measures the amount that position in Albany International has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.00905 | 0.008566 | 0.0102 | 0.0175 | Price To Sales Ratio | 3.08 | 2.99 | 2.67 | 2.8 |
Albany International Upcoming Company Events
As portrayed in its financial statements, the presentation of Albany International's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Albany International's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Albany International's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Albany International. Please utilize our Beneish M Score to check the likelihood of Albany International's management manipulating its earnings.
| 26th of February 2024 Upcoming Quarterly Report | View | |
| 23rd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 26th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out Albany International Backtesting, Albany International Valuation, Albany International Correlation, Albany International Hype Analysis, Albany International Volatility, Albany International History and analyze Albany International Performance. To learn how to invest in Albany Stock, please use our How to Invest in Albany International guide.You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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.