Albany International Stock Alpha and Beta Analysis

AIN Stock  USD 82.24  0.85  1.02%   
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
2.53
Sharpe Ratio
(0.02)
Expected Return
(0.04)
Please note that although Albany International alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, Albany International did 0.38  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Albany International stock's relative risk over its benchmark. Albany International has a beta of 2.09  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Albany International will likely underperform. At this time, Albany International's Book Value Per Share is very stable compared to the past year. As of the 4th of December 2024, Tangible Book Value Per Share is likely to grow to 25.01, while Enterprise Value Over EBITDA is likely to drop 12.54.

Albany International Quarterly Cash And Equivalents

171.51 Million

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.
  
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.

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   β2.09

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 Yield0.009050.0085660.01020.0175
Price To Sales Ratio3.082.992.672.8

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
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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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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:
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...