Alcoa Technical Analysis 
Alcoa Corporation  USA Stock  USD 45.00 0.29 0.64% 
Alcoa Corporation shows Mean Deviation of 1.54 and Risk Adjusted Performance of 0.0916. 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 45.0 per share. Given that Alcoa has Jensen Alpha of 0.2081, we suggest you validate Alcoa Corporation prevailing market performance to make sure the company can sustain itself at future point.
Investment Horizon  30 Days Login to change 
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 topright. 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 0.13 % which suggests that Alcoa Corporation will keep on generating value for investors. It has 34 observation points and a regression sum of squares at 13.43, which is the sum of squared deviations for the predicted Alcoa price change compared to its average price change.Alcoa Corporation is rated third in mean deviation category among related companies. It is rated second in standard deviation category among related companies creating about 1.30 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Alcoa Corporation is roughly 1.30
Mean Deviation  ...

Technical Drivers
Alcoa September 26, 2017 Technical Indicators
Cycle Indicators  
Math Operators  
Math Transform  
Momentum Indicators  
Overlap Studies  
Pattern Recognition  
Price Transform  
Statistic Functions  
Volatility Indicators  
Volume Indicators 
Risk Adjusted Performance  0.0916  
Market Risk Adjusted Performance  0.1992  
Mean Deviation  1.54  
Semi Deviation  1.65  
Downside Deviation  2.1  
Coefficient Of Variation  458.39  
Standard Deviation  1.99  
Variance  3.97  
Information Ratio  0.1647  
Jensen Alpha  0.2081  
Total Risk Alpha  (0.077447)  
Sortino Ratio  0.1565  
Treynor Ratio  0.1892  
Maximum Drawdown  7.38  
Value At Risk  (2.63)  
Potential Upside  2.87  
Downside Variance  4.4  
Semi Variance  2.73  
Expected Short fall  (1.79)  
Skewness  (0.71)  
Kurtosis  0.6671 
Fundamentals Correlations
Analyze Alcoa Fundamentals Trends