Allowing for the 30-days total investment horizon, and your above average risk tolerance our recommendation regarding Alcoa Corporation is 'Cautious Hold'. Macroaxis provides Alcoa buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Alcoa positions. The advice algorithm takes into account all of Alcoa available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Alcoa buy-and-hold prospective. Check also Alcoa Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.
For the selected time horizon Alcoa Corporation has a mean deviation of 2.21, semi deviation of 2.59, standard deviation of 3.32, variance of 11.02, downside variance of 8.04 and semi variance of 6.72Macroaxis buy, hold, or sell suggestion module can be used to complement Alcoa buy, hold, or sell recommendation provided by average analyst sentiment. It analyzes the organization potential to grow using fundamental, technical, data market data available at the time. To make sure Alcoa is not overpriced, please confirm all Alcoa fundamentals including its Shares Owned by Insiders, Price to Sales and the relationship between Current Valuation and Price to Earning . Given that Alcoa has Price to Earning of 24.65X, we suggest you validate Alcoa Corporation market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.
Alcoa Thematic Classifications
Steel Works EtcUSA Equities from Steel Works Etc industry as classified by Fama & French
Alcoa Corporation currently demonstrates below average downside deviation of 2.84. It has Information Ratio of -0.01 and Jensen Alpha of -0.17. However, we do advice investors to further question Alcoa Corporation expected returns to make sure all indicators are consistent with the current outlook about its relatively low value at risk.
Check also Alcoa Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool. Please also try ETF Directory module to find actively-traded exchange traded funds (etf) from around the world.