Alcoa Average Assets vs Free Cash Flow Analysis

AA -- USA Stock  

Fiscal Quarter End: December 31, 2019  

Alcoa financial indicator trend analysis is way more than just evaluating Alcoa prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alcoa is a good investment. Please check the relationship between Alcoa Average Assets and its Free Cash Flow accounts. Check also Trending Equities.

Average Assets vs Free Cash Flow

Accounts Relationship

Average Assets vs Free Cash Flow

Significance: Significant Contrarian Relationship

Average Assets diversification synergy
Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Alcoa Average Assets account and Free Cash Flow

Correlation Coefficient

-0.31
Relationship DirectionNegative 
Relationship StrengthInsignificant

Average Assets

Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets; derived from [Assets].

Free Cash Flow

Free Cash Flow is a measure of financial performance calculated as Net Cash Flow from Operations minus [CapEx].
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