Albemarle Corp Stock Price on August 3, 2022
| ALB Stock | USD 114.21 1.92 1.71% |
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 114.21, as last reported on the 24th of April, with the highest price reaching 115.93 and the lowest price hitting 110.28 during the day.
If you're considering investing in Albemarle Stock, it is important to understand the factors that can impact its price. We consider Albemarle Corp very steady. Albemarle Corp secures Sharpe Ratio (or Efficiency) of 0.0094, which signifies that the company had a 0.0094% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Albemarle Corp, which you can use to evaluate the volatility of the firm. Please confirm Albemarle Corp's risk adjusted performance of 0.0116, and Mean Deviation of 3.16 to double-check if the risk estimate we provide is consistent with the expected return of 0.0402%.
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 149.9097 | 50 Day MA 122.5234 | Beta 1.646 |
Albemarle |
Sharpe Ratio = 0.0094
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| Negative Returns | ALB |
Estimated Market Risk
| 4.29 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.04 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 1.5306 | Enterprise Value Ebitda 22.4492 | Price Sales 1.498 | Shares Float 116.9 M | Dividend Share 1.6 |
Albemarle Corp Valuation on August 3, 2022
It is possible to determine the worth of Albemarle Corp on a given historical date. On August 3, 2022 Albemarle was worth 246.0 at the beginning of the trading date compared to the closed value of 236.04. 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 | |
| 239.00 | 246.62 | 238.64 | 240.32 | 1,025,443 | |
08/03/2022 | 246.00 | 246.00 | 234.17 | 236.04 | 1,407,669 |
| 246.20 | 250.15 | 230.02 | 231.46 | 2,191,952 |
| Backtest Albemarle Corp | | | Albemarle Corp History | | | Albemarle Corp Valuation | Previous | Next |
Albemarle Corp Trading Date Momentum on August 3, 2022
| On August 04 2022 Albemarle Corp was traded for 231.46 at the closing time. Highest Albemarle Corp's price during the trading hours was 250.15 and the lowest price during the day was 230.02 . The net volume was 2.2 M. The overall trading history on the 4th of August contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.94% . The overall trading delta to current price is 17.18% . |
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 | August 3, 2022
| High |
246.00 | 236.04 |
Albemarle Corp April 24, 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
| Accumulation Distribution | 67694.0 | |||
| Daily Balance Of Power | (0.84) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 240.08 | |||
| Day Typical Price | 238.74 | |||
| Price Action Indicator | (9.03) | |||
| Period Momentum Indicator | (121.83) |
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 | 0.0116 | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.53) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0028 |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Albemarle Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. For information on how to trade Albemarle Stock refer to our How to Trade Albemarle Stock guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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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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Is Albemarle Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Albemarle Corp. If investors know Albemarle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Albemarle Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.66) | Dividend Share 1.6 | Earnings Share 13.36 | Revenue Per Share 81.976 | Quarterly Revenue Growth (0.10) |
The market value of Albemarle Corp is measured differently than its book value, which is the value of Albemarle that is recorded on the company's balance sheet. Investors also form their own opinion of Albemarle Corp's value that differs from its market value or its book value, called intrinsic value, which is Albemarle Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Albemarle Corp's market value can be influenced by many factors that don't directly affect Albemarle Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Albemarle Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Albemarle Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Albemarle Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.