Alcoa Sortino Ratio

    Alcoa Corporation -- USA Stock  

    USD 45.38  0.87  1.88%

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    Alcoa Corporation has current Sortino Ratio of 0.1622. The Sortino ratio measures the risk-adjusted return of an investment asset, portfolio or strategy. It is a special subset of the Sharpe ratio but penalizes only those returns falling below a user-specified target, or required rate of return, while the Sharpe ratio penalizes both upside and downside volatility equally. Though both ratios measure an investment risk-adjusted returns, they do so in significantly different ways that will frequently lead to differing conclusions as the true nature of the investment return-generating efficiency.
    Alcoa 
    Sortino Ratio 
     = 
    ER[a] - ER[b] 
    DD 
     = 
    0.1622
    ER[a] =   Expected return on investing in Alcoa
    ER[b] =   Expected return on market index or selected benchmark
    DD =   Downside Deviation

    Sortino Ratio Comparison

    Alcoa Corporation is rated fourth in sortino ratio category among related companies. It is rated second in maximum drawdown category among related companies reporting about  45.52  of Maximum Drawdown per Sortino Ratio. The ratio of Maximum Drawdown to Sortino Ratio for Alcoa Corporation is roughly  45.52 
    The Sortino ratio is named after Frank A. Sortino and can be interpreted as the actual rate of return in excess of the investor target rate of return per unit of downside risk
    Compare Alcoa to competition
    Alcoa Corporationration engages in mining and production of bauxite, alumina, and aluminum products. more
    NameAlcoa Corporation
    Analyst Consensus
    Piotroski F Score
    Macroaxis Advice
    Bond Rating
    InstrumentUSA Stock Stocks Directory
    RegionNorth America
    ExchangeNew York Stock Exchange
    CIK Number01675149.0
    ISINUS0138721065
    CUSIP013872106
    New SymbolARNC
    CurrencyUSD - US Dollar