Alcoa Competitors

AA Stock  USD 31.03  0.59  1.94%   
Alcoa Corp competes with Weyco, Mannatech Incorporated, European Wax, Diageo PLC, and Duckhorn Portfolio; as well as few others. The company is active under Metals & Mining sector as part of Materials industry. Analyzing Alcoa Corp competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Alcoa Corp to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Alcoa Corp Correlation with its peers.
For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Alcoa Corp competition on your existing holdings.
  
The current year's Return On Capital Employed is expected to grow to -0.03. The current year's Return On Assets is expected to grow to -0.04. At present, Alcoa Corp's Net Tangible Assets are projected to decrease significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 46.1 M, whereas Total Assets are forecasted to decline to about 12.7 B.
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Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Alcoa Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Alcoa Corp in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
27.1530.4833.81
Details
Intrinsic
Valuation
LowRealHigh
26.9930.3233.65
Details
Naive
Forecast
LowNextHigh
29.4232.7536.08
Details
13 Analysts
Consensus
LowTargetHigh
32.1035.2739.15
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Alcoa Corp. Your research has to be compared to or analyzed against Alcoa Corp's peers to derive any actionable benefits. When done correctly, Alcoa Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Alcoa Corp.

Alcoa Corp Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Alcoa Corp and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Alcoa and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Alcoa Corp does not affect the price movement of the other competitor.
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High positive correlations   
CHDDEO
WVVINAPA
CHDMTEX
EWCZWEYS
EWCZMTEX
WVVIWEYS
  
High negative correlations   
CHDWVVI
CHDNAPA
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NAPAEWCZ
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Risk-Adjusted Indicators

There is a big difference between Alcoa Stock performing well and Alcoa Corp Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Alcoa Corp's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Cross Equities Net Income Analysis

Compare Alcoa Corp and related stocks such as Weyco Group, Mannatech Incorporated, and European Wax Center Net Income Over Time
Select Fundamental
201020112012201320142015201620172018201920202021202220232024
WEYS4.8 M15.3 M19 M17.6 M19 M18.2 M16.5 M16.5 M20.5 M20.9 M(8.5 M)20.6 M29.5 M30.2 M31.7 M
MTEX10.1 M(20.7 M)(1.4 M)3.2 M6.5 M5.8 M(586 K)(1.8 M)(3.9 M)3.3 M6.3 M9.8 M(4.5 M)(7 M)(6.6 M)
EWCZ(39.9 M)(39.9 M)(39.9 M)(39.9 M)(39.9 M)(39.9 M)(39.9 M)(39.9 M)(39.9 M)(39.9 M)(39.8 M)M13.6 M8.9 M9.4 M
DEO704 M1.9 B2.5 B2.3 B2.4 B2.2 B2.7 BB3.2 B1.4 B2.7 B3.2 B3.7 B4.3 B4.5 B
NAPA22.1 M22.1 M22.1 M22.1 M22.1 M22.1 M22.1 M22.1 M22.1 M32.4 M56 M60.2 M69.3 M79.7 M52.8 M
WVVI100 K857.8 K1.2 M1.4 M2.2 M1.9 M2.6 MM2.9 M2.5 M3.4 M2.4 M(646.5 K)(818.5 K)(777.6 K)
CHD4.7 M309.6 M349.8 M394.4 M413.9 M410.4 M459 M743.4 M568.6 M615.9 M785.9 M827.5 M413.9 M755.6 M793.4 M

Alcoa Corp and related stocks such as Weyco Group, Mannatech Incorporated, and European Wax Center Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Alcoa Corp financial statement analysis. It represents the amount of money remaining after all of Alcoa Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Alcoa Corp Competitive Analysis

The better you understand Alcoa Corp competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Alcoa Corp's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Alcoa Corp's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
AAWEYSMTEXEWCZDEONAPAWVVICHDBVDRF
 1.94 
 31.03 
Alcoa
 2.32 
 29.01 
Weyco
 1.81 
 9.01 
Mannatech
 1.10 
 12.84 
European
 1.90 
 145.89 
Diageo
 1.10 
 8.95 
Duckhorn
 2.53 
 5.01 
Willamette
 0.08 
 104.26 
Church
 0.00 
 2.59 
Marie
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Alcoa Corp Competition Performance Charts

Five steps to successful analysis of Alcoa Corp Competition

Alcoa Corp's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Alcoa Corp in relation to its competition. Alcoa Corp's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Alcoa Corp in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Alcoa Corp's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Alcoa Corp, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Alcoa Corp position

In addition to having Alcoa Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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When determining whether Alcoa Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alcoa Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alcoa Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alcoa Corp Stock:
Check out Alcoa Corp Correlation with its peers.
For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.
Note that the Alcoa Corp information on this page should be used as a complementary analysis to other Alcoa Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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When running Alcoa Corp's price analysis, check to measure Alcoa Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alcoa Corp is operating at the current time. Most of Alcoa Corp's value examination focuses on studying past and present price action to predict the probability of Alcoa Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alcoa Corp's price. Additionally, you may evaluate how the addition of Alcoa Corp to your portfolios can decrease your overall portfolio volatility.
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Is Alcoa Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alcoa Corp. If investors know Alcoa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alcoa Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.81
Dividend Share
0.4
Earnings Share
(3.65)
Revenue Per Share
59.275
Quarterly Revenue Growth
(0.03)
The market value of Alcoa Corp is measured differently than its book value, which is the value of Alcoa that is recorded on the company's balance sheet. Investors also form their own opinion of Alcoa Corp's value that differs from its market value or its book value, called intrinsic value, which is Alcoa Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alcoa Corp's market value can be influenced by many factors that don't directly affect Alcoa Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alcoa Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alcoa Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alcoa Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.