|Alcoa Corporation -- USA Stock|| |
USD 42.35 0.3 0.71%
Alcoa technical analysis gives you the methodology to make use of historical prices
and volume patterns to determine a pattern that approximates the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices
and volume momentum or the prices will eventually revert. We found nineteen technical drivers
for Alcoa Corporation which can be compared to its rivals. Please confirm Alcoa Mean Deviation
, Standard Deviation
, Treynor Ratio
, as well as the relationship
between Downside Deviation
and Information Ratio
to decide if Alcoa is priced correctly providing market reflects its regular price of 42.35 per share. Given that Alcoa has Jensen Alpha
of 0.0, we suggest you validate Alcoa Corporation prevailing market performance to make sure the company can sustain itself at future point.
Alcoa Trend Analysis
Use this graph to draw trend lines for Alcoa Corporation. You can use it to identify possible trend reversals for Alcoa as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Alcoa price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Alcoa Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Alcoa Corporation applied against its price change over selected period. The best fit line has a slop of ? %
. It has 0 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Alcoa price change compared to its average price change.