Albemarle Stock Statistic Functions Linear Regression Intercept

ALB
 Stock
  

USD 284.28  8.99  3.27%   

Albemarle Corp statistic functions tool provides the execution environment for running the Linear Regression Intercept function and other technical functions against Albemarle Corp. Albemarle Corp value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Linear Regression Intercept function function is designed to identify and follow existing trends. Albemarle Corp statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Function
Time Period
Execute Function
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Linear Regression Intercept is the expected mean value of Albemarle Corp price seriese where values of its benchmark or peer price series are zero.
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Albemarle Corp Technical Analysis Modules

Most technical analysis of Albemarle Corp help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Albemarle from various momentum indicators to cycle indicators. When you analyze Albemarle charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Albemarle Corp Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Albemarle Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Albemarle Corp based on widely used predictive technical indicators. In general, we focus on analyzing Albemarle Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Albemarle Corp's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Albemarle Corp's intrinsic value. In addition to deriving basic predictive indicators for Albemarle Corp, we also check how macroeconomic factors affect Albemarle Corp price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2019 2021 (projected)
Long Term Debt to Equity0.730.36
Interest Coverage11.558.17
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Albemarle Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Albemarle Corp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
274.42277.75281.08
Details
Intrinsic
Valuation
LowReal ValueHigh
238.82242.15305.79
Details
18 Analysts
Consensus
LowTarget PriceHigh
80.00249.40325.00
Details
Earnings
Estimates (8)
LowProjected EPSHigh
3.953.994.10
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Albemarle Corp. Your research has to be compared to or analyzed against Albemarle Corp's peers to derive any actionable benefits. When done correctly, Albemarle Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Albemarle Corp.

Learn to be your own money manager

As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.

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Albemarle Corp pair trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Albemarle Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Albemarle Corp will appreciate offsetting losses from the drop in the long position's value.

Albemarle Corp Pair Trading

Albemarle Corp Pair Trading Analysis

The ability to find closely correlated positions to Albemarle Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Albemarle Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Albemarle Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Albemarle Corp to buy it.
The correlation of Albemarle Corp is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Albemarle Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Albemarle Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Albemarle Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Please continue to Trending Equities. You can also try Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Complementary Tools for analysis

When running Albemarle Corp 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 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 YOY
(0.044) 
Market Capitalization
32.3 B
Quarterly Revenue Growth YOY
1.52
Return On Assets
0.0933
Return On Equity
0.26
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 Albemarle Corp value 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.