AIN, NYSE

Albany International Corp. (AIN)

Price (as of September 14)

84.05USD

Correlations

The correlation describes the statistical relationship between the value of two assets over time. Use this relationship to bet against an asset without shorting it or diversify your portfolio more effectively. Learn how you can use correlations to your advantage.

Lowest within Industry

Symbol Correlation

CULP

Culp, Inc.

0.01

DXYN

The Dixie Group, Inc.

0.02

UFI

Unifi, Inc.

0.02

Highest within Industry

Symbol Correlation

UFI

Unifi, Inc.

0.02

DXYN

The Dixie Group, Inc.

0.02

CULP

Culp, Inc.

0.01


Profile

Sector:
Consumer Cyclical
Industry:
Textile Manufacturing

Albany International Corp., together with its subsidiaries, engages in the textile and materials processing business. The company operates in two segments, Machine Clothing (MC) and Albany Engineered Composites (AEC). The MC segment designs, manufactures, and markets paper machine clothing for use in the manufacturing of papers, paperboards, tissues, and towels. This segment offers forming, pressing, and drying fabrics, as well as process belts used in the manufacture of nonwovens, fiber cement and several other industrial applications; and engineered fabrics. The AEC segment 3D-woven and injected composite components for aircraft engines composite airframe and engine components for military and commercial aircraft. It operates in the United States, Switzerland, Brazil, China, France, Mexico, and internationally. Albany International Corp. was incorporated in 1895 and is headquartered in Rochester, New Hampshire.