Alcoa Value At Risk

    Alcoa Corporation -- USA Stock  

    USD 42.3  1.1  2.53%

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    Alcoa Corporation has current Value At Risk of (2.92). Value At Risk (or VAR) is statistical technique used to measure the level of financial risk of investment instrument over a specific time frame. It is a widely used measure of the risk of loss on a specific investing instrument.
    Alcoa 
    Value At Risk 
     = 
    ER[a] x N 
    +  
    (Z-SCORE x STD x SQRT (N)) 
     = 
    (2.92)
    ER[a] =   Expected return on investing in Alcoa
    STD =   Standard Deviation of Alcoa
    N =   Number of points for the period
    Z-SCORE =   Number of standard deviations above or below the mean

    Value At Risk Comparison

    Alcoa Corporation is rated below average in value at risk category among related companies. It is rated third in maximum drawdown category among related companies .
    Value At Risk is used by risk managers in order to measure and control the level of risk which the firm undertakes. The risk manager job is to ensure that risks are not taken beyond the level at which the firm can absorb the losses of a probable worst outcome. VAR can be defined as the loss level that will not be exceeded with a certain confidence level during a certain period of time.
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    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