Alcoa Return on Average Equity Trend

AA -- USA Stock  

USD 35.34  1.36  3.71%

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 2.6 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.

8.06 %

          10 Years Trend
Slightly volatile
 Return on Average Equity 

Alcoa Regression Statistics

Arithmetic Mean(0.07)
Coefficient Of Variation(66.69)
Mean Deviation 0.025453
Standard Deviation 0.048093
Sample Variance 0.002313
Range 0.17
R Value 0.48
Mean Square Error 0.001957
R Squared 0.23
Significance 0.11
Slope 0.006408
Total Sum of Squares 0.025443

Alcoa Return on Average Equity Over Time

2016-12-31 (0.09) 
2017-12-31 (0.09) 
2018-12-31  0.08 

Other Fundumenentals of Alcoa

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Alcoa Fundamental Drivers

Alcoa Corporation Fundamental Market Drivers

Short Percent Of Float4.02%
Forward Price Earnings8.92
Shares Short Prior Month9.14M
Average Daily Volume Last 10 Day6.29M
Average Daily Volume In Three Month4.36M
Date Short InterestSeptember 14, 2018
Fifty Day Average42.02
Two Hundred Day Average46.47

Alcoa Upcoming Events

Alcoa Upcoming Company Events

Upcoming Quarterly ReportApril 10, 2017
Next Earnings ReportJuly 10, 2017
Check also analysis of Alcoa Correlation with competitors. Please also try Portfolio Manager module to state of the art portfolio manager to monitor and improve performance of your invested capital.