Alcoa Average Assets vs Invested Capital Average Analysis

AA -- USA Stock  

USD 47.41  0.15  0.32%

Alcoa financial indicator trend analysis is way more than just evaluating Alcoa prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alcoa is a good investment. Please check the relationship between Alcoa Average Assets and its Invested Capital Average accounts. Check also Trending Equities.

Average Assets vs Invested Capital Average

Accounts Relationship

Average Assets vs Invested Capital Average

Significance: Totally Related

Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Alcoa Average Assets account and Invested Capital Average

Correlation Coefficient

1.0
Relationship DirectionPositive 
Relationship StrengthVery Strong

Average Assets

Average asset value for the period used in calculation of Return on Average Equity and Return on Average Assets

Invested Capital Average

Average invested capital value for the period used in the calculation of Return on Invested Capital

Did you try this?

Run Technical Analysis Now
   

Technical Analysis

Check basic technical indicators and analysis based on most latest market data
All  Next Launch Technical Analysis

Build Efficient Portfolios

Align your risk and return expectations
Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check also Trending Equities. Please also try Headlines Timeline module to stay connected to all market stories and filter out noise. drill down to analyze hype elasticity.