Alcoa Competitors

Stocks . USA . 
Stock . Alcoa Corp
AA Stock  USD 36.57  1.37  3.89%   
Alcoa Corp competes with China Hongqiao, Norsk Hydro, Thrivent High, Morningstar Unconstrained, and T Rowe; as well as few others. The company is active under Metals & Mining sector as part of Materials industry. Analyzing Alcoa Corp competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Alcoa Corp to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Alcoa Corp Correlation with its peers.
For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Alcoa Corp competition on your existing holdings.
  
The current year's Return On Tangible Assets is expected to grow to -0.04. The current year's Return On Capital Employed is expected to grow to -0.03. At present, Alcoa Corp's Net Tangible Assets are projected to decrease significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 46.1 M, whereas Total Assets are forecasted to decline to about 12.7 B.
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alcoa Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
34.2137.3740.53
Details
Intrinsic
Valuation
LowRealHigh
31.5234.6837.84
Details
13 Analysts
Consensus
LowTargetHigh
32.1035.2739.15
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.9-0.55-0.28
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Alcoa Corp. Your research has to be compared to or analyzed against Alcoa Corp's peers to derive any actionable benefits. When done correctly, Alcoa Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Alcoa Corp.

Alcoa Corp Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Alcoa Corp and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Alcoa and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Alcoa Corp does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
RRTLX
+ 0.95
MSTSX
70082LAB3
+ 0.83
MSTSX
MSTSX
+ 0.82
LBHIX
MSTSX
+ 0.81
AQUI
RRTLX
+ 0.8
LBHIX
RRTLX
+ 0.79
AQUI
  
High negative correlations   
AQUI
- 0.35
NHYKF
70082LAB3
- 0.21
NHYKF
MSTSX
- 0.14
NHYKF
LBHIX
- 0.13
NHYKF
RRTLX
- 0.03
NHYKF
70082LAB3
- 0.0
OSHDF

Risk-Adjusted Indicators

There is a big difference between Alcoa Stock performing well and Alcoa Corp Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Alcoa Corp's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Cross Equities Net Income Analysis

Compare Alcoa Corp and related stocks such as China Hongqiao Group, Norsk Hydro ASA, and Aquagold International Net Income Over Time
Select Fundamental
Price To Sales RatioDividend Yield
Ptb RatioDays Sales Outstanding
Book Value Per ShareFree Cash Flow Yield
Invested CapitalOperating Cash Flow Per Share
Average PayablesStock Based Compensation To Revenue
Capex To DepreciationPb Ratio
Ev To SalesFree Cash Flow Per Share
RoicInventory Turnover
Net Income Per ShareDays Of Inventory On Hand
Payables TurnoverSales General And Administrative To Revenue
Average InventoryResearch And Ddevelopement To Revenue
Capex To RevenueCash Per Share
PocfratioInterest Coverage
Payout RatioCapex To Operating Cash Flow
Pfcf RatioDays Payables Outstanding
Net Current Asset ValueIncome Quality
RoeTangible Asset Value
Ev To Operating Cash FlowPe Ratio
Return On Tangible AssetsEv To Free Cash Flow
Earnings YieldIntangibles To Total Assets
Net Debt To E B I T D ACurrent Ratio
Tangible Book Value Per ShareReceivables Turnover
Graham NumberShareholders Equity Per Share
Debt To EquityCapex Per Share
Graham Net NetAverage Receivables
Revenue Per ShareInterest Debt Per Share
Debt To AssetsEnterprise Value Over E B I T D A
Short Term Coverage RatiosPrice Earnings Ratio
Operating CyclePrice Book Value Ratio
Price Earnings To Growth RatioDays Of Payables Outstanding
Dividend Payout RatioPrice To Operating Cash Flows Ratio
Price To Free Cash Flows RatioPretax Profit Margin
Ebt Per EbitOperating Profit Margin
Effective Tax RateCompany Equity Multiplier
Long Term Debt To CapitalizationTotal Debt To Capitalization
Return On Capital EmployedDebt Equity Ratio
Ebit Per RevenueQuick Ratio
Dividend Paid And Capex Coverage RatioNet Income Per E B T
Cash RatioCash Conversion Cycle
Operating Cash Flow Sales RatioDays Of Inventory Outstanding
Days Of Sales OutstandingFree Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage RatiosPrice To Book Ratio
Fixed Asset TurnoverCapital Expenditure Coverage Ratio
Price Cash Flow RatioEnterprise Value Multiple
Debt RatioCash Flow To Debt Ratio
Price Sales RatioReturn On Assets
Asset TurnoverNet Profit Margin
Gross Profit MarginPrice Fair Value
Return On Equity
201020112012201320142015201620172018201920202021202220232024

Alcoa Corp and related stocks such as China Hongqiao Group, Norsk Hydro ASA, and Aquagold International Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Alcoa Corp financial statement analysis. It represents the amount of money remaining after all of Alcoa Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Alcoa Corp Competitive Analysis

The better you understand Alcoa Corp competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Alcoa Corp's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Alcoa Corp's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
AA CHHQF NHYKF AQUI LBHIX MSTSX RRTLX OSHDF 70082LAB3
 3.89 
 36.57 
Alcoa
 0.00 
 1.15 
China
 0.31 
 6.56 
Norsk
 0.00 
 0.01 
Aquagold
 0.24 
 4.11 
Thrivent
 1.49 
 10.55 
Morningstar
 0.59 
 11.79 
RRTLX
 0.00 
 0.0007 
Oshidori
 19.57 
 70.84 
70082LAB3
Market Volatility
(90 Days Market Risk)
Very steady
Abnormally volatile
Somewhat reliable
Out of control
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Good
OK
OK
Good
Weak
OK
Good
Very Weak
Very Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Below Average
Low
Low
Low
Quite High
Below Average
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Over Valued
Over Valued
Fairly Valued
Fairly Valued
Fairly Valued
Over Valued
Under Valued
Buy or Sell Advice
(Average Analysts Consensus)
Hold
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Hold
Hold
Cautious Hold
Cautious Hold
Hold
Strong Hold
Hold
Strong Sell
Strong Hold
Current Ratio
1.81
1.64
1.88
N/A
N/A
N/A
N/A
N/A
N/A
Net Asset
14.16 B
188.42 B
174.51 B
3.19 K
674.44 M
116.1 M
1.46 B
6.31 B
N/A
EBITDA
277 M
26.18 B
27.79 B
(727.69 K)
N/A
N/A
N/A
(3.49 B)
N/A
Operating Margin
0.0416
0.17
0.27
N/A
N/A
N/A
N/A
1.04
N/A
Five Year Return
N/A
N/A
2.17
N/A
2.81
7.26
0.0406
N/A
N/A
One Year Return
N/A
N/A
N/A
N/A
8.57
12.15
0.067
N/A
N/A
Beta
2.49
1.24
1.4
7.05
N/A
N/A
N/A
0.67
N/A
Number Of Employees
13.6 K
45.44 K
31 K
7
1
1
1
31
N/A
Three Year Return
N/A
N/A
N/A
N/A
1.51
4.55
0.0491
N/A
N/A
Cash Flow From Operations
91 M
28.65 B
14.33 B
(218.19 K)
N/A
N/A
N/A
499.26 M
N/A
Total Debt
1.81 B
30.97 B
31.88 B
N/A
N/A
N/A
N/A
N/A
N/A
Bond Positions Weight
N/A
N/A
N/A
N/A
92.23
22.72
14.43
N/A
N/A
Holdings Turnover
N/A
N/A
N/A
N/A
N/A
269.0
N/A
N/A
N/A
Return On Asset
-0.0016
0.0745
0.19
-5.5
N/A
N/A
N/A
-0.46
N/A
Current Liabilities
2.4 B
N/A
16.89 B
794 K
N/A
N/A
N/A
N/A
N/A
Debt To Equity
0.26
0.65
0.28
N/A
N/A
N/A
N/A
N/A
N/A
Short Ratio
2.34
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Shares Owned By Institutions
86.58
13.18
38.44
N/A
N/A
N/A
N/A
0.84
N/A
Market Capitalization
6.57 B
10.33 B
16.13 B
96.58 K
N/A
50.36 M
N/A
233.49 M
N/A
Price To Earning
9.32
3.7
24.12
-0.22
35.48
N/A
18.25
N/A
N/A
Price To Sales
0.6
0.0742
0.068
N/A
1.23
N/A
1.57
N/A
N/A
Net Income
(773 M)
16.07 B
12.16 B
(627.79 K)
N/A
N/A
N/A
(3.15 B)
N/A
Shares Owned By Insiders
1.07
72.69
34.26
N/A
N/A
N/A
N/A
30.28
N/A
Revenue
10.55 B
114.49 B
149.65 B
N/A
N/A
N/A
N/A
(3.1 B)
N/A
Year To Date Return
N/A
N/A
N/A
N/A
0.74
1.74
-0.0211
N/A
N/A
Working Capital
1.38 B
N/A
18.72 B
(794 K)
N/A
N/A
N/A
N/A
N/A
Profit Margin
-0.0617
0.12
0.15
N/A
N/A
N/A
N/A
N/A
N/A
Current Valuation
9.22 B
10.33 B
13.97 B
912.76 K
N/A
N/A
N/A
103.84 M
N/A
Price To Book
1.49
0.82
1.49
N/A
1.58
N/A
2.13
0.005
N/A
Retained Earnings
(1.29 B)
N/A
49.15 B
(4.18 M)
N/A
N/A
N/A
N/A
N/A
Current Asset
2.57 B
N/A
35.6 B
N/A
N/A
N/A
N/A
N/A
N/A
Cash Position Weight
N/A
N/A
N/A
N/A
6.56
14.28
7.22
N/A
N/A
Equity Positions Weight
N/A
N/A
N/A
N/A
0.07
61.63
38.52
N/A
N/A
Shares Outstanding
179.56 M
9.48 B
2.04 B
965.83 K
N/A
N/A
N/A
6.11 B
N/A
Annual Yield
0.0109
0.11
0.0434
N/A
0.0582
0.0223
0.0219
N/A
N/A
Return On Equity
-0.12
0.19
0.34
N/A
N/A
N/A
N/A
-0.5
N/A
Number Of Shares Shorted
14.37 M
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Book Value Per Share
23.82
9.21
52.21
-1.18
N/A
N/A
N/A
0.89
N/A
Minimum Initial Investment
N/A
N/A
N/A
N/A
2 K
N/A
N/A
N/A
N/A
Total Asset
14.16 B
188.42 B
174.51 B
3.19 K
347.66 M
215.11 M
1.03 B
6.31 B
N/A
Target Price
30.6
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Last Dividend Paid
0.4
0.83
4.85
N/A
0.02
N/A
0.14
N/A
N/A
Price To Earnings To Growth
-0.29
N/A
0.57
N/A
N/A
N/A
N/A
N/A
N/A
Earnings Per Share
-3.65
0.24
1.48
-0.63
N/A
N/A
N/A
N/A
N/A
Ten Year Return
N/A
N/A
N/A
N/A
6.0
N/A
5.76
N/A
N/A
Cash And Equivalents
1.36 B
49.23 B
28.36 B
1.15 K
N/A
N/A
N/A
N/A
N/A
Cash Per Share
8.09
5.4
13.82
N/A
N/A
N/A
N/A
N/A
N/A
Gross Profit
2.31 B
30.36 B
60.81 B
(143.88 K)
N/A
N/A
N/A
(4.09 B)
N/A
Day Typical Price
36.87
1.15
6.61
0.006
4.11
10.55
11.79
7.0E-4
70.84
Accumulation Distribution
0.0293
N/A
0.0224
N/A
N/A
N/A
N/A
N/A
N/A
Market Facilitation Index
1.1
N/A
0.15
N/A
N/A
N/A
N/A
N/A
N/A
Daily Balance Of Power
1.245455
0.0
0.1333
0.0
(9,223,372,036,855)
(9,223,372,036,855)
(9,223,372,036,855)
0.0
(9,223,372,036,855)
Period Momentum Indicator
1.37
N/A
0.02
N/A
(0.01)
(0.16)
(0.07)
N/A
(17.24)
Rate Of Daily Change
1.04
1.0
1.0
1.0
1.0
0.99
0.99
1.0
0.8
Day Median Price
37.02
1.15
6.64
0.006
4.11
10.55
11.79
7.0E-4
70.84
Price Action Indicator
0.23
N/A
(0.07)
N/A
(0.01)
(0.08)
(0.04)
N/A
(8.62)
Coefficient Of Variation
1177.57
812.4
4117.17
573.64
(7,500)
1533.83
799.41
N/A
(1,273)
Mean Deviation
2.53
1.53
1.96
1.32
0.1809
0.455
0.2525
N/A
1.03
Jensen Alpha
0.1306
0.7847
0.0175
0.635
(0.03)
(0.02)
0.0301
N/A
(0.25)
Total Risk Alpha
(0.01)
0.2366
(0.16)
0.3431
(0.03)
(0.02)
0.0034
N/A
(0.36)
Sortino Ratio
0.0625
N/A
(0.0001)
N/A
N/A
(0.03)
(0.06)
N/A
N/A
Downside Variance
11.81
N/A
4.96
N/A
N/A
0.558
0.1528
N/A
N/A
Standard Deviation
3.27
6.32
2.57
3.91
0.2526
0.608
0.327
N/A
2.18
Kurtosis
0.3084
66.0
1.25
32.12
0.2157
0.4963
0.2362
N/A
28.14
Potential Upside
5.35
N/A
4.14
N/A
0.4808
0.9756
0.5076
N/A
1.52
Treynor Ratio
0.103
(2.36)
0.079
0.9625
(0.06)
0.033
1.92
N/A
(0.13)
Maximum Drawdown
15.82
51.32
12.57
25.0
1.21
2.64
1.46
N/A
18.4
Variance
10.66
39.9
6.61
15.3
0.0638
0.3697
0.1069
N/A
4.73
Market Risk Adjusted Performance
0.113
(2.35)
0.089
0.9725
(0.05)
0.043
1.93
N/A
(0.12)
Risk Adjusted Performance
0.0613
0.0862
0.0228
0.1177
(0.02)
0.0406
0.0693
N/A
(0.04)
Skewness
(0.37)
8.12
0.8349
5.72
(0.30)
(0.60)
(0.54)
N/A
(4.52)
Semi Deviation
3.12
N/A
2.09
N/A
N/A
0.6002
0.2642
N/A
N/A
Information Ratio
0.0657
0.1132
(0.0001)
0.1583
(0.26)
(0.04)
(0.07)
N/A
(0.11)
Value At Risk
(4.45)
N/A
(3.83)
N/A
(0.48)
(1.17)
(0.59)
N/A
(1.89)
Expected Short fall
(2.65)
N/A
(2.37)
N/A
N/A
(0.49)
(0.28)
N/A
N/A
Downside Deviation
3.44
N/A
2.23
N/A
N/A
0.747
0.3909
N/A
N/A
Semi Variance
9.73
N/A
4.36
N/A
N/A
0.3602
0.0698
N/A
N/A

Alcoa Corp Competition Performance Charts

Five steps to successful analysis of Alcoa Corp Competition

Alcoa Corp's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Alcoa Corp in relation to its competition. Alcoa Corp's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Alcoa Corp in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Alcoa Corp's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Alcoa Corp, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Alcoa Corp position

In addition to having Alcoa Corp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Beers Theme
Companies involved in production and distribution of domestic and international beer. The Beers theme has 43 constituents at this time.
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When determining whether Alcoa Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alcoa Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alcoa Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alcoa Corp Stock:
How To Invest In Alcoa
Details
Is Alcoa Stock a good investment?
Details
What is Alcoa Corp's Net Worth?
Details
Largest Metals & Mining Companies
View
Largest Materials Companies
View
Check out Alcoa Corp Correlation with its peers.
For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.
Note that the Alcoa Corp information on this page should be used as a complementary analysis to other Alcoa Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Alcoa Stock analysis

When running Alcoa Corp's price analysis, check to measure Alcoa Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alcoa Corp is operating at the current time. Most of Alcoa Corp's value examination focuses on studying past and present price action to predict the probability of Alcoa Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alcoa Corp's price. Additionally, you may evaluate how the addition of Alcoa Corp to your portfolios can decrease your overall portfolio volatility.
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Is Alcoa Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alcoa Corp. If investors know Alcoa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alcoa Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.81
Dividend Share
0.4
Earnings Share
(3.65)
Revenue Per Share
59.275
Quarterly Revenue Growth
(0.03)
The market value of Alcoa Corp is measured differently than its book value, which is the value of Alcoa that is recorded on the company's balance sheet. Investors also form their own opinion of Alcoa Corp's value that differs from its market value or its book value, called intrinsic value, which is Alcoa Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alcoa Corp's market value can be influenced by many factors that don't directly affect Alcoa Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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Please note, there is a significant difference between Alcoa Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alcoa Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alcoa Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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