Alcoa Corporation has a volatility of 1.67 and is 2.65 times more volatile than DOW. 15%
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 15 (%)
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 $52.82 in 30 days
. As returns on market increase, returns on owning Alcoa are expected to decrease at a much smaller rate. During bear market, Alcoa is likely to outperform the market.
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.