Alcoa Performance

Alcoa Corporation -- USA Stock  

USD 59.40  0.61  1.02%

On a scale of 0 to 100 Alcoa holds performance score of 15. The firm shows Beta (market volatility) of -0.0848 which signifies that as returns on market increase, returns on owning Alcoa are expected to decrease at a much smaller rate. During bear market, Alcoa is likely to outperform the market.. 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. We have found twenty-one technical indicators for Alcoa Corporation which you can use to evaluate performance of the firm. 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  4,807  in Alcoa Corporation on March 22, 2018 and sell it today you would earn a total of  1,194  from holding Alcoa Corporation or generate 24.84% return on investment over 30 days. Alcoa Corporation is generating 0.5447% of daily returns and assumes 2.3741% volatility on return distribution over the 30 days horizon. Put differently, 21% of equity instruments are less risky than the company on the bases of their historical return distribution and some 90% 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 1.68 times more return on investment than the market. However, the company is 1.68 times more volatile than its market benchmark. It trades about 0.23 of its potential returns per unit of risk. The DOW is currently generating roughly -0.02 per unit of risk.

Performance Rating

Alcoa Corporation Risk Adjusted Performance Analysis
15 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Alcoa Corporation are ranked lower than 15 (%) of all global equities and portfolios over the last 30 days.

2 Months Efficiency

Alcoa Sharpe Ratio = 0.2294
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Estimated Market Risk
 2.37
  actual daily
 
 79 %
of total potential
  
Expected Return
 0.54
  actual daily
 
 10 %
of total potential
  
Risk-Adjusted Return
 0.23
  actual daily
 
 15 %
of total potential
  
Based on monthly moving average Alcoa is performing at about 15% 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.
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