Alcoa Free Cash Flow vs Average Equity Analysis

    Free Cash Flow vs Average Equity

    Free Cash Flow

    Free Cash Flow is a measure of financial performance calculated as Net Cash Flow from Operations minus Capital Expenditure.

    Average Equity

    Average equity value for the period used in calculation of Return on Average Equity, derived from Shareholders Equity.

    Accounts Relationship

    Free Cash Flow vs Average Equity

    Significance: Fragmental Relationship

    Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Alcoa Free Cash Flow account and Average Equity

    Correlation Coefficient

    0.43
    Relationship DirectionPositive 
    Relationship StrengthWeak