Alcoa Downside Variance

    Alcoa Corporation -- USA Stock  

    USD 42.21  0.43  1.01%

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    Alcoa Corporation has current Downside Variance of 0.0. Downside Variance (or DV) is measured by target semi-variance and is termed downside volatility. It is expressed in percentages and therefore allows for rankings in the same way as variance. One way to view downside volatility is the annualized variance of returns below the target.
    Alcoa 
    Downside Variance 
     = 
    SUM(RET DEV)2 
    N(ER) 
     = 
    0.0
    SUM =   Summation notation
    RET DEV =   Actual returns deviation over selected period
    N(ER) =   Number of points with returns less than expected return for the period

    Downside Variance Comparison

    Alcoa Corporation is rated below average in downside variance category among related companies. It is rated second in maximum drawdown category among related companies .
    Downside Variance is the probability-weighted squared below-target returns. The squaring of the below-target returns has the effect of penalizing failures at an exponential rate. This is consistent with observations made on the behavior of individual decision-making under.
    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