Alcoa Corporation has a volatility of 2.55 and is 4.55 times more volatile than DOW. 23%
of all equities and portfolios are less risky than Alcoa. Compared to the overall equity markets, volatility of historical daily returns of Alcoa Corporation is lower than 23 (%)
of all global equities and portfolios over the last 30 days. Use Alcoa Corporation to enhance returns of your portfolios. The stock experiences large bullish trend. Check odds of Alcoa to be traded at $46.23 in 30 days
. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Alcoa will likely underperform.
Alcoa correlation with market
Overlapping area represents the amount of risk that can be diversified away by holding Alcoa Corp. and equity matching DJI index in the same portfolio.