Alcoa Statistic Functions Beta

Alcoa Corporation -- USA Stock  

USD 50.82  1.08  2.08%

Alcoa statistic-functions tool provides you with the Statistic Functions execution environment for running Beta function against Alcoa. Alcoa statistical functions help analysists to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.
 Time Horizon     30 Days    Login   to change
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The output start index for this execution was fifteen with a total number of output elements of twenty-four. The Beta measures systematic risk based on how returns on Alcoa correlated with the market. If Beta is less than 0 Alcoa generally moves in the opposite direction as compared to the market. If Alcoa Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Alcoa is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Alcoa is generally in the same direction as the market. If Beta > 1 Alcoa moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.

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Current Sentiment - AA

Alcoa Investor Sentiment
Nearly all of Macroaxis users are presently bullish on Alcoa Corporation. What is your sentiment towards investing in Alcoa Corporation? Are you bullish or bearish?
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