Alcoa Performance

AA -- USA Stock  

Fiscal Quarter End: December 31, 2019  

The firm shows Beta (market volatility) of 1.9617 which signifies that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Alcoa will likely underperform. Even though it is essential to pay attention to Alcoa historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy in foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Alcoa Corporation exposes twenty-one different technical indicators which can help you to evaluate its performance. Alcoa has expected return of -0.0516%. Please be advised to confirm Alcoa Mean Deviation, Standard Deviation, Treynor Ratio, as well as the relationship between Downside Deviation and Information Ratio to decide if Alcoa past performance will be repeated at some point in the near future.

Risk-Adjusted Performance

Over the last 30 days Alcoa Corporation has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Alcoa is not utilizing all of its potentials. The current stock price disturbance, may contribute to short term losses for the investors.
Quick Ratio0.68
Fifty Two Week Low16.46
Target High Price34.00
Fifty Two Week High40.68
Target Low Price20.00
Trailing Annual Dividend Yield1.88%
Horizon     30 Days    Login   to change

Alcoa Relative Risk vs. Return Landscape

If you would invest  2,298  in Alcoa Corporation on September 19, 2019 and sell it today you would lose (144.00)  from holding Alcoa Corporation or give up 6.27% of portfolio value over 30 days. Alcoa Corporation is generating negative expected returns and assumes 3.1771% volatility on return distribution over the 30 days horizon. Put differently, 28% of equity instruments are less risky than the company on the bases of their historical return distribution and some 99% of equities are expected to be superior in generating returns on investments over the next 30 days.
 Daily Expected Return (%) 
      Risk (%) 
Allowing for the 30-days total investment horizon, Alcoa is expected to under-perform the market. In addition to that, the company is 3.23 times more volatile than its market benchmark. It trades about -0.02 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.02 per unit of volatility.

Alcoa Market Risk Analysis

Sharpe Ratio = -0.0163
Good Returns
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Negative ReturnsAA

Alcoa Relative Performance Indicators

Estimated Market Risk
  actual daily
 28 %
of total potential
Expected Return
  actual daily
 0 %
of total potential
Risk-Adjusted Return
  actual daily
 0 %
of total potential
Based on monthly moving average Alcoa is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Alcoa by adding it to a well-diversified portfolio.

Alcoa Alerts

Equity Alerts and Improvement Suggestions

Alcoa generates negative expected return over the last 30 days
Alcoa has high historical volatility and very poor performance
The company generated yearly revenue of 12.16 B. Annual Net Loss to common stockholders was (579 M) with gross profit of 3.32 B.
Latest headline from Alcoa Corporation Big Opportunity Is Coming - News Parents
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