Alcoa Skewness

    Alcoa Corporation -- USA Stock  

    USD 42.21  0.43  1.01%

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    Alcoa Corporation has current Skewness of (0.38). Skewness describes asymmetry of returns from the normal distribution. It can come in the form of negative skewness or positive skewness, depending on whether data points are skewed to the left (negative skew) or to the right (positive skew) of the data average.
    Alcoa 
    Skewness 
     = 
    3PM 
    STD3 
     = 
    (0.38)
    3PM =   Third upper moment
    STD =   Standard Deviation of Alcoa

    Skewness Comparison

    Alcoa Corporation is rated below average in skewness category among related companies. It is rated second in maximum drawdown category among related companies .
    Skewness risk is the risk that a model assumes a normal distribution of instrument returns when in fact the returns is skewed to the left or right of the mean. A positive skew indicates that the tail on the right side is longer than the left side and the bulk of the values lie to the left of the mean. A zero value indicates that the values are relatively evenly distributed on both sides of the mean, typically (but not necessarily) implying a symmetric distribution.
    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