We analyze noise-free headlines and recent hype associated with Alcoa Corporation which may create opportunities for some arbitrage if properly timed. With Alcoa hype-based prediction module you can estimate the value of Alcoa Corporation from the prospective of Alcoa response to recently generated media hype and the effects of current headlines on its competitors. The module also provides analysis of price elasticity to changes in media outlook on Alcoa over a specific investment horizon. Check also Alcoa Basic Forecasting Models to cross-verify your projections.
As of May 21, 2019 Alcoa is listed for 24.64. The entity has historical hype elasticity of 0.47 and average elasticity to hype of competition of -0.08. Alcoa Corporation is suggested to increase in value after the next headline with price going to jump to 25.1. The average volatility of media hype impact on the company stock price is about 127.16%. The price increase on the next news is projected to be 2.45% where as daily expected return is presently at -0.29%. The volatility of related hype on Alcoa is about 749.09% with expected price after next announcement by competition of 24.56. The company reports 1.99B of total liabilities with total debt to equity ratio (D/E) of 28.0 which implies that the company may not be able to produce enough cash to satisfy its debt commitments. Allowing for the 30-days total investment horizon, the next suggested press release will be in about 9 days. Check also Alcoa Basic Forecasting Models to cross-verify your projections.