Alcoa Price on December 31, 2016 Breakdown

AA -- USA Stock  

USD 42.79  0.57  1.31%

We consider Alcoa not too volatile. Alcoa secures Sharpe Ratio (or Efficiency) of 0.0813 which signifies that Alcoa had 0.0813% of return per unit of standard deviation over the last 1 month. Our philosophy in foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Alcoa Corporation which you can use to evaluate future volatility of the firm. Please confirm Alcoa Mean Deviation of 1.08 and Risk Adjusted Performance of 0.045525 to double-check if risk estimate we provide are consistent with the epected return of 0.1714%.

Alcoa Valuation Near December 31, 2016

 Open High Low Close Volume
  29.58    30.04    29.40    29.65    1,708,938  
 12/28/2016 
  29.78    30.17    29.35    29.43    2,751,053  
  29.43    29.44    28.60    28.89    3,224,941  
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December 28, 2016
29.78
Open Value
 
29.43
Closing Value
Target Odds
  
36.11
Upside
 

Alcoa Trading Date Momentum on December 31, 2016

On December 29 2016 Alcoa Corporation was traded for 28.89  at the closing time. The highest price during the trading period was 29.44  and the lowest recorded bid was listed for  28.60 . The volume for the day was 3.2 M. This history from December 29, 2016 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.83% . The overall trading delta to the current price is 4.93% .

Alcoa Fundamentals Correlations and Trends

Price Boundaries

Alcoa Period Price Range

Low
December 28, 2016
High
 29.78 
  
 29.43 
0.35  1.18%
Check also Trending Equities. Please also try Aroon Oscillator module to analyze current equity momentum using aroon oscillator and other momentum ratios.
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