Albany International Stock Price on October 10, 2024

AIN Stock  USD 82.24  0.85  1.02%   
Below is the normalized historical share price chart for Albany International extending back to September 30, 1987. 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 Albany International stands at 82.24, as last reported on the 4th of December, with the highest price reaching 83.51 and the lowest price hitting 82.09 during the day.
IPO Date
30th of September 1987
200 Day MA
86.2246
50 Day MA
78.5906
Beta
1.294
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Albany Stock, it is important to understand the factors that can impact its price. Albany International secures Sharpe Ratio (or Efficiency) of -0.0178, which signifies that the company had a -0.0178% return per unit of standard deviation over the last 3 months. Albany International exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Albany International's mean deviation of 1.82, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide.
  
At this time, Albany International's Total Stockholder Equity is very stable compared to the past year. As of the 4th of December 2024, Common Stock Shares Outstanding is likely to grow to about 33.2 M, while Liabilities And Stockholders Equity is likely to drop about 1.2 B. . At this time, Albany International's Price To Sales Ratio is very stable compared to the past year. As of the 4th of December 2024, Price Earnings To Growth Ratio is likely to grow to 1.77, while Price Earnings Ratio is likely to drop 17.48. Albany Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0178

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Estimated Market Risk

 2.53
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.04
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.02
  actual daily
0
Most of other assets perform better
Based on monthly moving average Albany International 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 Albany International by adding Albany International to a well-diversified portfolio.
Price Book
2.6894
Enterprise Value Ebitda
12.1002
Price Sales
2.0522
Shares Float
31 M
Dividend Share
1.04

Albany International Valuation on October 10, 2024

It is possible to determine the worth of Albany International on a given historical date. On October 10, 2024 Albany was worth 70.53 at the beginning of the trading date compared to the closed value of 70.22. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Albany International stock. Still, in general, we apply an absolute valuation method to find Albany International'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 Albany International where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Albany International's related companies.
 Open High Low Close Volume
  72.53    73.09    71.40    71.48    221,158  
10/10/2024
  70.53    70.55    69.19    70.22    380,032  
  70.53    72.72    70.36    72.35    195,667  
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Open Value
70.53
70.22
Closing Value
78.11
Upside

Albany International Trading Date Momentum on October 10, 2024

On October 11 2024 Albany International was traded for  72.35  at the closing time. Highest Albany International's price during the trading hours was 72.72  and the lowest price during the day was  70.36 . The net volume was 195.7 K. The overall trading history on the 11th of October 2024 contributed to the next trading period price boost. The overall trading delta to the next next day price was 3.03% . The overall trading delta to current price is 6.49% .

Albany International Fundamentals Correlations and Trends

By evaluating Albany International'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 Albany International's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Albany financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Albany International Stock history

Albany International 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 Albany is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Albany International 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 Albany International stock prices may prove useful in developing a viable investing in Albany International
Last ReportedProjected for Next Year
Common Stock Shares Outstanding31.3 M33.2 M
Net Income Applicable To Common Shares110.1 M62.2 M

Albany International Quarterly Net Working Capital

585.59 Million

Albany International Stock Technical Analysis

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.
A focus of Albany International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Albany International trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Albany International Period Price Range

Low
December 4, 2024
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High

 0.00 

     

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Albany International 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.

Albany International December 4, 2024 Market Strength

Market strength 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 undertsting and applying Albany International stock market strength indicators, traders can identify Albany International entry and exit signals to maximize returns

Albany International Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Albany International's price direction in advance. Along with the technical and fundamental analysis of Albany Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Albany 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.
When determining whether Albany International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Albany International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Albany International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Albany International Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Albany International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
To learn how to invest in Albany Stock, please use our How to Invest in Albany International guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Industrial Machinery & Supplies & Components space 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 Albany International. If investors know Albany 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 Albany International 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
(0.34)
Dividend Share
1.04
Earnings Share
3.2
Revenue Per Share
40.587
Quarterly Revenue Growth
0.061
The market value of Albany International is measured differently than its book value, which is the value of Albany that is recorded on the company's balance sheet. Investors also form their own opinion of Albany International's value that differs from its market value or its book value, called intrinsic value, which is Albany International'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 Albany International's market value can be influenced by many factors that don't directly affect Albany International'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 Albany International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Albany International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Albany International'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.