Alcoa prevailing Real Value cannot be determined due to lack of data. The current price of Alcoa is $27.65. Based on Macroaxis valuation methodology, the firm cannot be evaluated at this time. Macroaxis approximates value of Alcoa from analyzing the firm fundamentals such as Profit Margin of 1.69% and Return On Equity of 12.27% as well as examining its technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend.
Alcoa Corporation is number one stock in market capitalization category among related companies. Market capitalization of Aluminum industry is presently estimated at about 29.25 Billion. Alcoa retains roughly 5.16 Billion in market capitalization claiming about 18% of stocks in Aluminum industry.
Alcoa is Unknown risk asset. Calculation of real value of Alcoa is based on 2 months time horizon. Increasing Alcoa time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.