Alcoa Standard Deviation

    Alcoa Corporation -- USA Stock  

    USD 48.24  0.31  0.65%

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    Alcoa Corporation has current Standard Deviation of 1.41. The Standard Deviation is a measure of how spread out the prices or returns of asset are on average. It is the most widly used risk indicator in the field of investing and finance. Standard Deviation is commonly used to measure confidence in statistical conclusions regarding certain equity instrument or portfolio of equities.
    Alcoa 
    Standard Deviation 
    =  
    SQRT(V) 
     = 
    1.41
    SQRT =   Square root notation
    V =   Variance of Alcoa returns

    Standard Deviation Comparison

    Alcoa Corporation is rated fourth in standard deviation category among related companies. It is rated fourth in maximum drawdown category among related companies reporting about  3.38  of Maximum Drawdown per Standard Deviation. The ratio of Maximum Drawdown to Standard Deviation for Alcoa Corporation is roughly  3.38 
    Standard deviation is applied to the annual rate of return of an investment to measure the investment's volatility. Standard deviation is also known as historical volatility and is used by investors as a gauge for the amount of expected market volatility. A large standard deviation usually indicates that the data points are far from the mean and a small standard deviation indicates that they are clustered closely around the mean.
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    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