Alcoa Performance

AA -- USA Stock  

USD 36.04  0.70  1.98%

Macroaxis gives Alcoa performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and Alcoa are completely uncorrelated. Even though it is essential to pay attention to Alcoa historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Alcoa Corporation exposes twenty-eight different technical indicators which can help you to evaluate its performance. Alcoa has expected return of -0.6589%. Please be advised to confirm Alcoa Information Ratio, Treynor Ratio and the relationship between Downside Deviation and Total Risk Alpha to decide if Alcoa past performance will be repeated at some point in the near future.
Horizon     30 Days    Login   to change

Alcoa Relative Risk vs. Return Landscape

If you would invest  4,283  in Alcoa Corporation on September 16, 2018 and sell it today you would lose (679.00)  from holding Alcoa Corporation or give up 15.85% of portfolio value over 30 days. Alcoa Corporation is generating negative expected returns and assumes 2.4516% volatility on return distribution over the 30 days horizon. Put differently, 22% of equity instruments are less risky than the company on the bases of their historical return distribution and some 99% 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 under-perform the market. In addition to that, the company is 2.27 times more volatile than its market benchmark. It trades about -0.27 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.05 per unit of volatility.

Alcoa Market Risk Analysis

Sharpe Ratio = -0.2687
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Alcoa Relative Performance Indicators

Estimated Market Risk
 2.45
  actual daily
 
 78 %
of total potential
  
Expected Return
 -0.66
  actual daily
 
 1 %
of total potential
  
Risk-Adjusted Return
 -0.27
  actual daily
 
 1 %
of total potential
  
Based on monthly moving average Alcoa is performing at about 0% 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.

Alcoa Performance Rating

Alcoa Corporation Risk Adjusted Performance Analysis

0 

Risk-Adjusted Performance

Over the last 30 days Alcoa Corporation has generated negative risk-adjusted returns adding no value to investors with long positions.

Alcoa Alerts

Equity Alerts and Improvement Suggestions

Alcoa generates negative expected return over the last 30 days

Alcoa Performance Indicators

Alcoa Basic Price Performance Measures

Quick Ratio0.76
Fifty Two Week Low35.13
Target High Price75.00
Payout Ratio0.00%
Fifty Two Week High62.35
Target Low Price50.00
Trailing Annual Dividend Yield1.00%
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