Alcoa Performance

    Alcoa Corporation -- USA Stock  

    USD 48.07  0.71  1.50%

    Macroaxis gives Alcoa performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.764 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.. 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-one different technical indicators which can help you to evaluate its performance. Alcoa has expected return of -0.3934%. Please be advised to confirm Alcoa Mean Deviation, Standard Deviation, Treynor Ratio, as well as the relationship between Downside Deviation and Information Ratio to decide if Alcoa past performance will be repeated at some point in the near future.
     Time Horizon     30 Days    Login   to change

    Alcoa Relative Risk vs. Return Landscape

    If you would invest  5,294  in Alcoa Corporation on January 21, 2018 and sell it today you would lose (448.00)  from holding Alcoa Corporation or give up 8.46% of portfolio value over 30 days. Alcoa Corporation is generating negative expected returns and assumes 2.3493% 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 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 1.35 times more volatile than its market benchmark. It trades about -0.17 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.1 per unit of volatility.

    Operating Margin

    Alcoa Operating Margin
    Based on recorded statements Alcoa Corporation has Operating Margin of 12.99%. This is 153.83% lower than that of the Basic Materials sector, and significantly higher than that of Non-ferrous Metals Production And Products industry, The Operating Margin for all stocks is 219.07% lower than the firm.
    A good Operating Margin is required for a company to be able to pay for its fixed costs or pay out its debt which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against firm's competitors.

    Alcoa Daily Price Distribution

    The median price of Alcoa for the period between Sun, Jan 21, 2018 and Tue, Feb 20, 2018 is 49.43 with a coefficient of variation of 5.78. The daily time series for the period is distributed with a sample standard deviation of 2.9, arithmetic mean of 50.11, and mean deviation of 2.66. The Stock received some media coverage during the period.

    Risk-Adjusted Performance

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

    One Month Efficiency

    Alcoa Sharpe Ratio = -0.1675
    Good Returns
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    Estimated Market Risk

      actual daily
     79 %
    of total potential

    Expected Return

      actual daily
     1 %
    of total potential

    Risk-Adjusted Return

      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.