Alcoa Competitors

AA -  USA Stock  

USD 38.27  0.69  1.77%

Alcoa Corp competes with Aluminum Corp, Kaiser Aluminum, Century Aluminum, Constellium, and First Majestic; as well as few others. The company is active under Basic Materials sector as part of Aluminum 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.
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. Please continue to Alcoa Corp Correlation with its peers.

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Alcoa Corp Return on Investment is projected to increase based on the last few years of reporting. The past year's Return on Investment was at 3.47. The current year Return on Invested Capital is expected to grow to 0.0167, whereas Return on Average Assets are forecasted to decline to (0.0129) . Alcoa Corp Assets Non Current are projected to decrease significantly based on the last few years of reporting. The past year's Assets Non Current were at 10.34 Billion. The current year Total Assets Per Share is expected to grow to 91.92, whereas Total Assets are forecasted to decline to about 14.7 B.

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Sophisticated investors, who have witnessed many market ups and downs, frequently view 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. Please use the tools below to analyze the current value of Alcoa Corp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
35.5438.9642.38
Details
Intrinsic
Valuation
LowReal ValueHigh
34.6138.0341.45
Details
Naive
Forecast
LowNext ValueHigh
36.3339.7543.17
Details
7 Analysts
Consensus
LowTarget PriceHigh
14.0044.3856.00
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 towards 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.
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Alcoa Corp Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Alcoa Corp stock performing well and Alcoa Corp company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Alcoa Corp's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
ACH
 2.41  0.31  0.12  0.32  2.51  0.10 (2.86)  5.80 (5.16)  14.37 
KALU
 2.60  0.09  0.04  0.11  2.79  0.0379 (2.77)  4.75 (4.94)  12.09 
CENX
 3.58 (0.27)  0.00 (0.04)  0.00 (0.0352)  0.00  7.62 (8.03)  19.26 
CSTM
 2.21  0.23  0.10  0.19  2.41  0.09 (2.53)  4.97 (3.60)  14.18 
AG
 2.27 (0.35)  0.00 (0.20)  0.00 (0.11)  0.00  4.47 (5.19)  16.49 
AU
 1.62 (0.20)  0.00 (0.18)  0.00 (0.1)  0.00  4.04 (3.36)  10.20 
CC
 1.93  0.08  0.05  0.09  2.56  0.05 (1.92)  4.02 (4.53)  13.78 
CE
 1.18 (0.08) (0.03)  0.00  1.59 (0.0357) (1.15)  2.54 (2.94)  6.49 
CF
 1.55 (0.06) (0.01)  0.02  1.96 (0.0109) (1.54)  4.17 (3.39)  10.19 

Cross Equities Net Income Analysis

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201020112012201320142015201620172018201920202021
ACH
(16.3 B)(16.3 B)(16.3 B)(16.3 B)(16.3 B)129.5 M365.7 M1.4 B709.4 M853.1 M741 M799.5 M
KALU
12 M25.1 M85.8 M104.8 M71.8 M(236.6 M)91.7 M45.4 M91.7 M62 M28.8 M35.3 M
CENX
60 M11.3 M(35.6 M)(40.3 M)126.5 M(59.3 M)(252.4 M)48.6 M(66.2 M)(80.8 M)(123.3 M)(126.5 M)
CSTM
(179 M)(179 M)139 M98 M51 M(552 M)(4 M)(31 M)188 M59 M(21 M)(22.7 M)
AG
35.1 M103.6 M88.9 M(38.2 M)(61.4 M)(108.4 M)8.6 M(53.3 M)(204.2 M)(40.5 M)23.1 M24.9 M
AU
112 M1.6 B897 M(2.2 B)(58 M)(85 M)63 M(191 M)133 M(12 M)953 MB
CC
1.1 B1.1 B1.1 B423 M400 M(90 M)M746 M995 M(52 M)219 M288.6 M
CE
377 M427 M372 M1.1 B624 M304 M900 M843 M1.2 B852 MB2.1 B
CF
349.2 M1.5 B1.8 B1.5 B1.4 B700 M(277 M)358 M290 M493 M317 M491.2 M

Alcoa Corp and related stocks such as Aluminum Corp, Kaiser Aluminum, Century Aluminum C, Constellium SE, First Majestic Silver, Anglogold Ashanti, Chemours, Celanese Corp, and Cf Industries Holdings 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. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income to Non Controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.

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
ACH
KALU
CENX
CSTM
AG
AU
CC
CE
CF
 1.77 
 38.27 
Alcoa
 8.15 
 14.31 
Aluminum
 1.74 
 118.48 
Kaiser
 2.91 
 13.42 
Century
 0.50 
 18.00 
Constellium
 1.30 
 12.95 
First
 2.37 
 19.84 
Anglogold
 0.031 
 32.27 
Chemours
 0.35 
 154.10 
Celanese
 0.65 
 47.37 
Cf Industries
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Stock Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
Trade Advice
(90 Days Macroaxis Advice)
Number of Shares Shorted
Shares Owned by Insiders
Current Ratio
Profit Margin
EBITDA
Operating Margin
Current Valuation
Cash Flow from Operations
Retained Earnings
Current Asset
Five Year Return
Beta
Price to Book
Shares Outstanding
Total Debt
Return On Equity
Price to Earning
Z Score
Shares Owned by Institutions
Return On Asset
Book Value Per Share
Cash and Equivalents
Price to Earnings To Growth
Current Liabilities
Total Asset
Short Ratio
Last Dividend Paid
Price to Sales
Market Capitalization
Cash per Share
Net Income
Earnings Per Share
Debt to Equity
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Working Capital
Gross Profit
Day Typical Price
Accumulation Distribution
Market Facilitation Index
Daily Balance Of Power
Rate Of Daily Change
Day Median Price
Price Action Indicator
Coefficient Of Variation
Mean Deviation
Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
Maximum Drawdown
Variance
Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

Alcoa Corp Competition Performance Charts

Complement your Alcoa Corp position

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Please continue to Alcoa Corp Correlation with its peers. 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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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 underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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 Alcoa Corp value 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.