ALBEMARLE CODRN (Brazil) Today

ALBEMARLE CODRN is trading at 1527.68 as of the 3rd of July 2022, a No Change since the beginning of the trading day. The stock's open price was 1527.68. Equity ratings for ALBEMARLE CODRN are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2022 and ending today, the 3rd of July 2022. Click here to learn more.
Valuation
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ALBEMARLE CODRN Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. ALBEMARLE CODRN's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ALBEMARLE CODRN or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ALBEMARLE CODRN is not yet fully synchronised with the market data
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of ALBEMARLE CODRN's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedFairly Valued
ALBEMARLE CODRN (A1LB34) is traded on Sao Paolo Stock Exchange in Brazil and employs 5,900 people. The company currently falls under 'Mega-Cap' category with current market capitalization of 152.21 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ALBEMARLE CODRN's market, we take the total number of its shares issued and multiply it by ALBEMARLE CODRN's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. ALBEMARLE CODRN operates under Basic Materials sector and is part of Specialty Chemicals industry. The entity has 116.72 M outstanding shares. ALBEMARLE CODRN has accumulated about 569.86 M in cash with 801.81 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.88.
Check ALBEMARLE CODRN Probability Of Bankruptcy

ALBEMARLE Stock Price Odds Analysis

What are ALBEMARLE CODRN's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of ALBEMARLE CODRN jumping above the current price in 90 days from now is near 1%. The ALBEMARLE CODRN probability density function shows the probability of ALBEMARLE CODRN stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon ALBEMARLE CODRN has a beta of 0.3361. This suggests as returns on the market go up, ALBEMARLE CODRN average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ALBEMARLE CODRN will be expected to be much smaller as well. Additionally, the company has an alpha of 0.5454, implying that it can generate a 0.55 percent excess return over DOW after adjusting for the inherited market risk (beta).
  Odds Below 1527.68HorizonTargetOdds Above 1527.68
99.71%90 days
 1,528 
0.28%
Based on a normal probability distribution, the odds of ALBEMARLE CODRN to move above the current price in 90 days from now is near 1 (This ALBEMARLE CODRN probability density function shows the probability of ALBEMARLE Stock to fall within a particular range of prices over 90 days) .

ALBEMARLE CODRN Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. ALBEMARLE CODRN market risk premium is the additional return an investor will receive from holding ALBEMARLE CODRN 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 ALBEMARLE CODRN. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ALBEMARLE CODRN's alpha and beta are two of the key measurements used to evaluate ALBEMARLE CODRN's performance over the market, the standard measures of volatility play an important role as well.

ALBEMARLE Stock Against Markets

Picking the right benchmark for ALBEMARLE CODRN stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ALBEMARLE CODRN stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ALBEMARLE CODRN is critical whether you are bullish or bearish towards ALBEMARLE CODRN at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with ALBEMARLE CODRN stock to make a market-neutral strategy. Peer analysis of ALBEMARLE CODRN could also be used in its relative valuation, which is a method of valuing ALBEMARLE CODRN by comparing valuation metrics with similar companies.

Investing ALBEMARLE CODRN

You need to understand the risk of investing before taking a position in ALBEMARLE CODRN. The danger of trading ALBEMARLE CODRN is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ALBEMARLE CODRN is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ALBEMARLE CODRN. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ALBEMARLE CODRN is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Please continue to Trending Equities. Note that the ALBEMARLE CODRN information on this page should be used as a complementary analysis to other ALBEMARLE CODRN's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

Complementary Tools for ALBEMARLE Stock analysis

When running ALBEMARLE CODRN price analysis, check to measure ALBEMARLE CODRN'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 CODRN is operating at the current time. Most of ALBEMARLE CODRN's value examination focuses on studying past and present price action to predict the probability of ALBEMARLE CODRN's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ALBEMARLE CODRN's price. Additionally, you may evaluate how the addition of ALBEMARLE CODRN to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between ALBEMARLE CODRN's value and its price as these two are different measures arrived at by different means. Investors typically determine ALBEMARLE CODRN value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ALBEMARLE CODRN'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.