Alcoa Return on Average Equity Trend

    Alcoa Corporation -- USA Stock  

    USD 47.95  3.24  7.25%

    This module enables investors to look at Alcoa various fundamental indicators over time in order to gain insight into the company future performance. Macroaxis historical fundamental analysis tools allow evaluation of not only typical financial statement drivers such as Cost of Revenue of 10.6 B, Gross Profit of 1.4 B or Interest Expense of 317.6 M, but also many exotic indicators such as Interest Coverage of 0.9366, Long Term Debt to Equity of 0.0258 or PPandE Turnover of 1.272. This module is a perfect complement to use when analyzing Alcoa Valuation or Volatility. It can also complement various Alcoa Technical models. Check also analysis of Alcoa Correlation with competitors.
    Showing smoothed Return on Average Equity of Alcoa Corporation with missing and latest data points interpolated. Return on equity measures a corporation's profitability by calculating the amount of Net Income Common Stock returned as a percentage of Average Equity.

    7.71 %

                10 Years Trend  
    Slightly volatile
     Return on Average Equity 

    Alcoa Return on Average Equity Over Time

    2016-12-31 (0.086) 
    2017-12-31 (0.086) 
    2018-12-31  0.0771 

    Other Fundumenentals


    Regression Statistics

    Arithmetic Mean (0.073454)
    Geometric Mean  0.08528
    Coefficient Of Variation (61.58)
    Mean Deviation  0.023162
    Median (0.086)
    Standard Deviation  0.045236
    Sample Variance  0.002046
    Range  0.16
    R Value  0.46
    Mean Square Error  0.001754
    R Squared  0.21
    Significance  0.11
    Slope  0.005377
    Total Sum of Squares  0.024555

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