Alcoa Return on Average Equity Trend

AA -- USA Stock  

Fiscal Quarter End: December 31, 2019  

This module enables investors to look at Alcoa various fundamental indicators over time in order to gain insight into the company future performance. Macroaxis historical fundamental analysis tools allow evaluation of not only typical financial statement drivers such as Direct Expenses of 10.9 B, Cost of Revenue of 9.3 B or Gross Profit of 3.3 B, but also many exotic indicators such as Interest Coverage of 10.255, Long Term Debt to Equity of 0.2554 or Calculated Tax Rate of 51.685. This module is a perfect complement to use when analyzing Alcoa Valuation or Volatility. It can also complement various Alcoa Technical models. Check also analysis of Alcoa Correlation with competitors.

Alcoa Return on Average Equity Marginal Breakdown

Showing smoothed Return on Average Equity of Alcoa Corporation with missing and latest data points interpolated. Return on equity measures a corporation's profitability by calculating the amount of [NetIncCmn] returned as a percentage of [EquityAvg].


          10 Years Trend
Slightly volatile
 Return on Average Equity 

Alcoa Regression Statistics

Arithmetic Mean(0.002746)
Geometric Mean 0.05
Coefficient Of Variation(2,334)
Mean Deviation 0.06
Median 0.043
Standard Deviation 0.06
Sample Variance 0.004107
Range 0.14
R Value(0.81)
Mean Square Error 0.001543
R Squared 0.66
Significance 0.002318
Total Sum of Squares 0.04107

Alcoa Return on Average Equity Over Time

2016 (0.09) 
2018 (0.1) 
2019 (0.06) 

Other Fundumenentals of Alcoa