Share on :

Asset Summary

Daily Performance Report for ALB ETF: Nov 21, 2024

Summary: The day started with ALB ETF opening at $108.92 and closing at $108.92. The ETF showed stability throughout the day, with the highest price observed at $108.92 and the lowest at $108.92. The underlying asset had a trading range of $0.00 Overall, it was a neutral trading day for ALB ETF, reflecting stability in market activity.

Change in Closing Price: There was a net no change in the closing price from the opening to the closing price over the day.

Volume Analysis: Trading volume for ALB ETF was 100 units during Nov 21, 2024, indicating active market participation and investor interest.

Opening Price: The day started at $108.92.

Highest Price: The highest price observed during the day was $108.92.

Lowest Price: The lowest price observed during the day was $108.92.

Closing Price: The day ended at $108.92.

Asset Performance Metrics and Risk Characteristics:

Understanding asset performance is crucial for evaluating investment quality and making informed decisions. Metrics like trailing return and drawdown provide insights into how an asset has performed over time, its volatility, and the efficiency of its returns relative to risk. Performance indicators help assess the stability, risk, and reward of an investment, allowing investors and portfolio managers to make comparisons and strategize accordingly.

Asset Technical Analysis

Technical analysis involves evaluating an asset's price and volume data to forecast future movements and make informed trading decisions. By using various technical indicators and chart patterns, investors can gain insights into market trends, price momentum, and potential turning points. This section delves into essential technical metrics, including moving averages, pivot points, and other indicators that provide a snapshot of an asset's current technical stance. Analyzing these indicators helps investors identify entry and exit points, assess market sentiment, and refine their trading strategies. Explore the following technical analysis data to understand the asset's performance dynamics and make better-informed decisions.

Moving Averages

Moving Averages are commonly used to smooth out price data and identify trends over a specific period. Here’s a summary of the latest moving averages for various periods:

  • SMA (Simple Moving Average): Reflects the average price over a specific number of periods.
  • EMA (Exponential Moving Average): Gives more weight to recent prices, making it more responsive to new information.
  • WMA (Weighted Moving Average): Assigns a weight to each price, emphasizing more recent prices.
  • WEMA (Weighted Exponential Moving Average): Combines elements of both WMA and EMA for a more responsive moving average.

Unlock Your ALB Trading Now

Take control of your trading with Rank My Trade. Our platform offers unparalleled analysis and technical support for ALB, designed to enhance your market performance. Boost your investment success with us today and experience the difference with our expert tools!

Maximize Results Now

Frequently Asked Questions

Albemarle competes with companies like FMC Corporation and Sociedad Química y Minera, focusing on lithium and specialty chemicals for various applications.

Investors can purchase shares of Albemarle through a brokerage account, as it is publicly traded on the New York Stock Exchange under the ticker symbol "ALB."

Similar companies include FMC Corporation, Sociedad Química y Minera, and Livent Corporation, which also focus on lithium and specialty chemical markets.

Key performance metrics for ALB include revenue growth, operating income, net income, and EBITDA margins.

Albemarle typically releases earnings reports quarterly, providing insights into financial performance and market trends.

Yes, shares of Albemarle can be held in retirement accounts such as IRAs or 401(k)s, making it a potential investment option for long-term planning.

As of the latest update, Albemarle has a dividend yield of approximately 0.5%, reflecting its strategy of balancing growth and shareholder returns.

Albemarle is committed to sustainability practices, focusing on reducing environmental impact and developing products that support renewable energy technologies.

Albemarle regularly evaluates opportunities for expansion, particularly in lithium production, to meet growing global demand for electric vehicle batteries and energy storage.

Yes, risks include fluctuations in raw material costs, regulatory challenges, and market demand for lithium and other specialty chemicals.

Maximize Your ALB Trading Now

Discover unparalleled trading insights with Rank My Trade Platform. Our automated system offers advanced analysis and technical indicators for ALB, aimed at optimizing your trading decisions. Boost your investment success with us and get ahead in the market now!

Disclaimers

The information displayed on this site is sourced from third-party providers and is believed to be reliable. RankMyTrade (RMT) has not independently verified this data and does not guarantee its accuracy. The information and calculations provided by RankMyTrade are for educational and informational purposes only and should not be construed as financial or investment advice.

With any investment, your capital is at risk. The value of your portfolio go down as well as up. Past performance is no guarantee of future results. By using this website, you accept our Terms of Service, Privacy Policy, and Payment Agreement.

Market data is provided in near real-time when available, but we do not guarantee its accuracy or timeliness.

Securities products are: Not FDIC insured · Not bank guaranteed · May lose value

Trademarks and logos are the property of their respective owners and do not represent endorsements of any kind. Unless otherwise noted, RankMyTrade and its affiliates are not partners, affiliates, or licensees of these companies.

Supported Assets & ETFs