Alcoa Performance

AA -- USA Stock  

Fiscal Quarter End: December 31, 2019  

Alcoa has performance score of 2 on a scale of 0 to 100. The firm shows Beta (market volatility) of 2.178 which signifies that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Alcoa will likely underperform. Although it is extremely important to respect Alcoa historical returns, it is better to be realistic regarding the information on equity current trending patterns. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Alcoa technical indicators you can presently evaluate if the expected return of 0.0997% will be sustainable into the future. Alcoa right now shows a risk of 2.8208%. Please confirm Alcoa Mean Deviation, Standard Deviation, Treynor Ratio, as well as the relationship between Downside Deviation and Information Ratio to decide if Alcoa will be following its price patterns.
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Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Alcoa Corporation are ranked lower than 2 (%) of all global equities and portfolios over the last 30 days. Despite somewhat strong basic indicators, Alcoa is not utilizing all of its potentials. The recent stock price disturbance, may contribute to short term losses for the investors.
Quick Ratio0.68
Fifty Two Week Low16.46
Target High Price30.00
Fifty Two Week High32.19
Target Low Price21.00
Trailing Annual Dividend Yield1.77%
Horizon     30 Days    Login   to change

Alcoa Relative Risk vs. Return Landscape

If you would invest  1,911  in Alcoa Corporation on November 5, 2019 and sell it today you would earn a total of  76.00  from holding Alcoa Corporation or generate 3.98% return on investment over 30 days. Alcoa Corporation is generating 0.0997% of daily returns and assumes 2.8208% volatility on return distribution over the 30 days horizon. Put differently, 25% of equity instruments are less risky than the company on the bases of their historical return distribution and some 99% of equities are expected to be superior in generating returns on investments over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Allowing for the 30-days total investment horizon, Alcoa is expected to generate 4.74 times more return on investment than the market. However, the company is 4.74 times more volatile than its market benchmark. It trades about 0.04 of its potential returns per unit of risk. The DOW is currently generating roughly 0.09 per unit of risk.

Alcoa Market Risk Analysis

Sharpe Ratio = 0.0353
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Alcoa Relative Performance Indicators

Estimated Market Risk
 2.82
  actual daily
 
 25 %
of total potential
 
2525
Expected Return
 0.1
  actual daily
 
 1 %
of total potential
 
11
Risk-Adjusted Return
 0.04
  actual daily
 
 2 %
of total potential
 
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Based on monthly moving average Alcoa is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Alcoa by adding it to a well-diversified portfolio.

Alcoa Alerts

Equity Alerts and Improvement Suggestions

The company generated yearly revenue of 11.34 B. Annual Net Loss to common stockholders was (794 M) with gross profit of 3.32 B.
Latest headline from marketseat.info: Alcoa Corporation Stock Closes with Performance of -0.15 percent - Market Seat
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