Alcoa Performance

Alcoa Corporation -- USA Stock

USD 45.00 0.29 0.64%

Alcoa has performance score of 1 on a scale of 0 to 100. The firm shows Beta (market volatility) of 2.2448 which signifies that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Alcoa will likely underperform.. Although it is extremely important to respect Alcoa historical returns, it is better to be realistic regarding the information on equity current trending patternss. 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 0.1148% will be sustainable into the future. Alcoa right now shows a risk of 4.1517%. Please confirm Alcoa Information Ratio, Treynor Ratio and the relationship between Downside Deviation and Total Risk Alpha to decide if Alcoa will be following its price patterns.

Investment Horizon

30 Days Login to change

Relative Risk vs. Return Landscape

If you would invest 4,529 in Alcoa Corporation on August 27, 2017 and sell it today you would earn a total of 9.00 from holding Alcoa Corporation or generate 0.2% return on investment over 30 days. Alcoa Corporation is generating 0.1148% of daily returns and assumes 4.1517% volatility on return distribution over the 30 days horizon. Put differently, 39% of equity instruments are less risky than the company on the bases of their historical return distribution and some 98% 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 10.34 times more return on investment than the market. However, the company is 10.34 times more volatile than its market benchmark. It trades about 0.03 of its potential returns per unit of risk. The DOW is currently generating roughly 0.28 per unit of risk.

Alcoa Daily Price Distribution

The median price of Alcoa for the period between Sun, Aug 27, 2017 and Tue, Sep 26, 2017 is 44.73 with a coefficient of variation of 3.54. The daily time series for the period is distributed with a sample standard deviation of 1.57, arithmetic mean of 44.29, and mean deviation of 1.22. The Stock received some media coverage during the period.

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Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Alcoa Corporation are ranked lower than 1 (%) of all global equities and portfolios over the last 30 days.

One Month Efficiency

Alcoa Sharpe Ratio = 0.0276

Best Portfolio	Best Equity
Good Returns
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Cash	Small Risk	Average Risk	AA	Huge Risk
Negative Returns

Estimated Market Risk

4.15

actual daily

61 %

of total potential

Expected Return

0.11

actual daily

2 %

of total potential

Risk-Adjusted Return

0.03

actual daily

1 %

of total potential

Based on monthly moving average Alcoa is performing at about 1% 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.