ALB vs. CE
Compare and contrast key facts about Albemarle Corporation (ALB) and Celanese Corporation (CE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ALB or CE.
Key characteristics
ALB | CE | |
---|---|---|
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 | -0.77 | 2.40 |
Daily Std Dev | 52.55% | 28.39% |
Max Drawdown | -66.31% | -84.87% |
Current Drawdown | -59.88% | 0.00% |
Fundamentals
ALB | CE | |
---|---|---|
Market Cap | $14.20B | $18.45B |
EPS | $13.36 | $18.00 |
PE Ratio | 9.05 | 9.19 |
PEG Ratio | 1.18 | 4.42 |
Revenue (TTM) | $9.62B | $10.94B |
Gross Profit (TTM) | $3.08B | $2.38B |
EBITDA (TTM) | $897.07M | $1.83B |
Correlation
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.
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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
Albemarle Corporation | -0.77 | ||||
Celanese Corporation | 2.40 |
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.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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
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.