Alcoa Performance

Alcoa Corporation -- USA Stock  

USD 50.82  2.12  4.00%

On a scale of 0 to 100 Alcoa holds performance score of 7. The firm shows Beta (market volatility) of 0.1717 which signifies that as returns on market increase, Alcoa returns are expected to increase less than the market. However during bear market, the loss on holding Alcoa will be expected to be smaller as well.. Although it is vital to follow to Alcoa historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Alcoa technical indicators you can presently evaluate if the expected return of 0.3452% will be sustainable into the future. Please makes use of Alcoa Mean Deviation, Standard Deviation, Treynor Ratio, as well as the relationship between Downside Deviation and Information Ratio to make a quick decision on weather Alcoa price patterns will revert.
 Time Horizon     30 Days    Login   to change

Alcoa Relative Risk vs. Return Landscape

If you would invest  4,668  in Alcoa Corporation on March 28, 2018 and sell it today you would earn a total of  626.00  from holding Alcoa Corporation or generate 13.41% return on investment over 30 days. Alcoa Corporation is generating 0.3452% of daily returns and assumes 3.201% volatility on return distribution over the 30 days horizon. Put differently, 29% of equity instruments are less risky than the company on the bases of their historical return distribution and some 94% of equities are expected to be superior in generating returns on investments over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Allowing for the 30-days total investment horizon, Alcoa Corporation is expected to generate 2.27 times more return on investment than the market. However, the company is 2.27 times more volatile than its market benchmark. It trades about 0.11 of its potential returns per unit of risk. The DOW is currently generating roughly -0.07 per unit of risk.

Performance Rating

Alcoa Corporation Risk Adjusted Performance Analysis

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Alcoa Corporation are ranked lower than 7 (%) of all global equities and portfolios over the last 30 days.

2 Months Efficiency

Alcoa Sharpe Ratio = 0.1078
Good Returns
Average Returns
Small ReturnsAA
Negative Returns
Estimated Market Risk
  actual daily
 71 %
of total potential
Expected Return
  actual daily
 6 %
of total potential
Risk-Adjusted Return
  actual daily
 7 %
of total potential
Based on monthly moving average Alcoa is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Alcoa by adding it to a well-diversified portfolio.
Check also Trending Equities. Please also try Chance of Distress module to get analysis of equity chance of financial distress in the next 2 years.