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ALB vs. CE
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


ALBCE
YTD Return-10.57%9.69%
1Y Return-40.37%68.04%
3Y Return (Ann)-4.28%5.83%
5Y Return (Ann)10.79%14.01%
10Y Return (Ann)8.59%14.50%
Sharpe Ratio-0.772.40
Daily Std Dev52.55%28.39%
Max Drawdown-66.31%-84.87%
Current Drawdown-59.88%0.00%

Fundamentals


ALBCE
Market Cap$14.20B$18.45B
EPS$13.36$18.00
PE Ratio9.059.19
PEG Ratio1.184.42
Revenue (TTM)$9.62B$10.94B
Gross Profit (TTM)$3.08B$2.38B
EBITDA (TTM)$897.07M$1.83B

Correlation

0.55
-1.001.00

The correlation between ALB and CE is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

ALB vs. CE - Performance Comparison

In the year-to-date period, ALB achieves a -10.57% return, which is significantly lower than CE's 9.69% return. Over the past 10 years, ALB has underperformed CE with an annualized return of 8.59%, while CE has yielded a comparatively higher 14.50% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


700.00%800.00%900.00%1,000.00%1,100.00%1,200.00%1,300.00%OctoberNovemberDecember2024FebruaryMarch
891.40%
1,287.22%
ALB
CE

Compare stocks, funds, or ETFs


Albemarle Corporation

Celanese Corporation

Risk-Adjusted Performance

ALB vs. CE - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Albemarle Corporation (ALB) and Celanese Corporation (CE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ALB
Albemarle Corporation
-0.77
CE
Celanese Corporation
2.40

ALB vs. CE - Sharpe Ratio Comparison

The current ALB Sharpe Ratio is -0.77, which is lower than the CE Sharpe Ratio of 2.40. The chart below compares the 12-month rolling Sharpe Ratio of ALB and CE.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00OctoberNovemberDecember2024FebruaryMarch
-0.77
2.40
ALB
CE

Dividends

ALB vs. CE - Dividend Comparison

ALB's dividend yield for the trailing twelve months is around 1.24%, less than CE's 1.65% yield.


TTM20232022202120202019201820172016201520142013
ALB
Albemarle Corporation
1.24%1.11%0.73%0.67%1.04%2.01%1.74%1.00%1.42%2.07%1.83%1.51%
CE
Celanese Corporation
1.65%1.80%2.68%1.62%1.91%1.95%2.31%1.62%1.75%1.71%1.55%0.95%

Drawdowns

ALB vs. CE - Drawdown Comparison

The maximum ALB drawdown since its inception was -66.31%, smaller than the maximum CE drawdown of -84.87%. The drawdown chart below compares losses from any high point along the way for ALB and CE


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%OctoberNovemberDecember2024FebruaryMarch
-59.88%
0
ALB
CE

Volatility

ALB vs. CE - Volatility Comparison

Albemarle Corporation (ALB) has a higher volatility of 27.68% compared to Celanese Corporation (CE) at 6.23%. This indicates that ALB's price experiences larger fluctuations and is considered to be riskier than CE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%30.00%OctoberNovemberDecember2024FebruaryMarch
27.68%
6.23%
ALB
CE