Alcoa Market Capitalization vs Earnings before Tax Analysis

    Market Capitalization vs Earnings before Tax

    Market Capitalization

    Market capitalization (or market cap) is the total value of the shares outstanding of Alcoa Corporation. It is equal to Alcoa current share price times the number of Alcoa outstanding shares. Represents the product of Total Shares (Basic) , Adjusted Share Price and Entity Share Factor.

    Earnings before Tax

    Earnings Before Tax is calculated by adding Income Tax Expense back to Net Income.

    Accounts Relationship

    Market Capitalization vs Earnings before Tax

    Significance: Weak Contrarian Relationship

    Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Alcoa Market Capitalization account and Earnings before Tax

    Correlation Coefficient

    -0.19
    Relationship DirectionNegative 
    Relationship StrengthInsignificant