Alcoa Valuation

Alcoa Corporation -- USA Stock  

USD 60.01  0.22  0.37%

Alcoa shows prevailing Real Value of $47.6735 per share. The current price of the firm is $60.01. At this time the firm appears to be over valued. Macroaxis approximates value of Alcoa from analyzing the firm fundamentals such as Profit Margin of 1.86% and Return On Equity of 7.71% as well as examining its technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend.

We’re going to take a look at this company use only technical analysis, as the chart can provide a variety of information. However, I do not recommend using strictly technical or fundamental analysis, but rather a mixture of both.

The chart has show that is broke a resistance area between $25 and $26, which had been tested multiple times. Price did eventually end up breaking the resistance area, but did so on falling volume. After the breakout, price went sideways, creating a support level that has been tested twice, around the $28.50 area. It currently is in a range and this might be a great time to pay close attention because a break in either direction could signal a profit potential. So in the current situation, I would recommend waiting for price to break out of the current channel, which then could provide a larger movement in one direction.

Valuation Drivers Correlation

Selected Alcoa Corporation Valuation Data Over Time

Net Income Per Employee    Enterprise Value    Market Capitalization    
 Time Horizon     30 Days    Login   to change
Alcoa Corporation is rated below average in price to earning category among related companies. It is rated below average in beta category among related companies totaling about  0.01  of Beta per Price to Earning. The ratio of Price to Earning to Beta for Alcoa Corporation is roughly  71.32 

Current Market Valuation

Alcoa Valuation Boundaries
Over Valued
April 20, 2018
60.01
Market Value
47.67
Real Value
Target Price Odds
 Above  Below  
66.01
Upside
Alcoa is not too volatile asset. Calculation of real value of Alcoa is based on 2 months time horizon. Increasing Alcoa time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.

Tax Efficiency

Alcoa Tax Efficiency History

Tax Efficiency

Market Capitalization

Alcoa Market Capitalization Analysis
Alcoa Corporation is rated below average in market capitalization category among related companies. Market capitalization of Non-ferrous Metals Production And Products industry is presently estimated at about 369.83 Billion. Alcoa holds roughly 10.63 Billion in market capitalization claiming about 2.87% of all equities under Non-ferrous Metals Production And Products industry.
Capitalization  Workforce  Revenue  Valuation  Total debt
Check also Trending Equities. Please also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.