Alcoa Corp Stock Performance
| AA Stock | USD 27.74 0.88 3.28% |
The firm shows a Beta (market volatility) of 2.6013, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Alcoa Corp will likely underperform. Even though it is essential to pay attention to Alcoa Corp historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy in foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Alcoa Corp exposes fifteen different technical indicators, which can help you to evaluate its performance. Alcoa Corp has an expected return of -0.0815%. Please make sure to confirm Alcoa Corp information ratio, potential upside, and the relationship between the standard deviation and maximum drawdown to decide if Alcoa Corp performance from the past will be repeated at some point in the near future.
Alcoa Performance
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Over the last 90 days Alcoa Corp has generated negative risk-adjusted returns adding no value to investors with long positions. Despite somewhat strong basic indicators, Alcoa Corp is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors. ...more
Forward Dividend Yield 0.0144 | Payout Ratio 0.0584 | Last Split Factor 1000:801 | Forward Dividend Rate 0.4 | Dividend Date 2023-11-17 |
1 | Global Cladding Systems Market Size, Share, Growth, Trends Analysis, Demand by 2030 - Benzinga | 09/22/2023 |
2 | Financial Statements | 09/25/2023 |
3 | EPS Estimate | 09/29/2023 |
4 | Filing | 10/03/2023 |
5 | Alcoa Price Target Lowered by Jefferies Financial Group - Clayton County Register | 10/04/2023 |
6 | Acquisition by Steven Williams of 2577 shares of Alcoa Corp subject to Rule 16b-3 | 10/06/2023 |
7 | Alcoa Corporations latest 5.9 percent decline adds to one-year losses, institutional investors may consider drastic measures - Yahoo Finance | 10/09/2023 |
8 | EPS Reported | 10/18/2023 |
9 | Top 7 Stocks for 2024 - InvestorPlace | 10/26/2023 |
| Alcoa Corp dividend paid on 17th of November 2023 | 11/17/2023 |
10 | Bauxite Mining Market to Reach 26.9 Billion, Globally, by 2032 at ... - PR Newswire UK | 11/20/2023 |
11 | Should You Buy Alcoa Corp Stock Friday Morning - InvestorsObserver | 12/01/2023 |
| Begin Period Cash Flow | 1.9 B | |
| Total Cashflows From Investing Activities | -495 M |
Alcoa |
Alcoa Corp Relative Risk vs. Return Landscape
If you would invest 3,016 in Alcoa Corp on September 5, 2023 and sell it today you would lose (242.00) from holding Alcoa Corp or give up 8.02% of portfolio value over 90 days. Alcoa Corp is generating negative expected returns and assumes 3.1579% volatility on return distribution over the 90 days horizon. Put differently, 27% of stocks are less risky than Alcoa on the basis of their historical return distribution, and some 99% of all equities are expected to be superior in generating returns on investments over the next 90 days. Expected Return |
| Risk |
Alcoa Corp Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alcoa Corp's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Alcoa Corp, and traders can use it to determine the average amount a Alcoa Corp's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0258
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| Negative Returns | AA |
Estimated Market Risk
| 3.16 actual daily | 27 73% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Alcoa Corp is not performing at its full potential. However, 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 Corp by adding Alcoa Corp to a well-diversified portfolio.
Alcoa Corp Fundamentals Growth
Alcoa Stock prices reflect investors' perceptions of the future prospects and financial health of Alcoa Corp, and Alcoa Corp fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Alcoa Stock performance.
| Return On Equity | -0.15 | ||||
| Return On Asset | -0.0138 | ||||
| Profit Margin | (0.08) % | ||||
| Operating Margin | (0.0381) % | ||||
| Current Valuation | 5.83 B | ||||
| Shares Outstanding | 178.47 M | ||||
| Price To Earning | 9.32 X | ||||
| Price To Book | 1.10 X | ||||
| Price To Sales | 0.47 X | ||||
| Revenue | 12.45 B | ||||
| Gross Profit | 2.31 B | ||||
| EBITDA | 2.14 B | ||||
| Net Income | 59 M | ||||
| Cash And Equivalents | 1.36 B | ||||
| Cash Per Share | 8.09 X | ||||
| Total Debt | 1.81 B | ||||
| Debt To Equity | 0.26 % | ||||
| Current Ratio | 1.81 X | ||||
| Book Value Per Share | 25.26 X | ||||
| Cash Flow From Operations | 822 M | ||||
| Earnings Per Share | (4.99) X | ||||
| Market Capitalization | 4.95 B | ||||
| Total Asset | 14.78 B | ||||
| Retained Earnings | (570 M) | ||||
| Working Capital | 2.25 B | ||||
| Current Asset | 2.57 B | ||||
| Current Liabilities | 2.4 B | ||||
About Alcoa Corp Performance
To evaluate Alcoa Corp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Alcoa Corp generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Alcoa Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Alcoa Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Alcoa's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for 2023 | ||
| Effect of Exchange Rate Changes on Cash | -9 M | -9.7 M | |
| Return on Investment | 10.10 | 9.01 | |
| Return on Average Assets | (0.008) | (0.008632) | |
| Return on Average Equity | (0.024) | (0.0259) | |
| Return on Invested Capital | 0.05 | 0.0461 | |
| Return on Sales | 0.05 | 0.06 |
Things to note about Alcoa Corp performance evaluation
Checking the ongoing alerts about Alcoa Corp for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Alcoa Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Alcoa Corp generated a negative expected return over the last 90 days | |
| Alcoa Corp has high historical volatility and very poor performance | |
| Over 85.0% of the company shares are held by institutions such as insurance companies | |
| On 17th of November 2023 Alcoa Corp paid $ 0.1 per share dividend to its current shareholders | |
| Latest headline from news.google.com: Should You Buy Alcoa Corp Stock Friday Morning - InvestorsObserver |
- Analyzing Alcoa Corp's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Alcoa Corp's stock is overvalued or undervalued compared to its peers.
- Examining Alcoa Corp's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Alcoa Corp's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Alcoa Corp's management team can help you assess the company's leadership.
- Pay attention to analyst opinions and ratings of Alcoa Corp's stock. These opinions can provide insight into Alcoa Corp's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alcoa Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.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 the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Alcoa Stock analysis
When running Alcoa Corp's price analysis, check to measure Alcoa Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alcoa Corp is operating at the current time. Most of Alcoa Corp's value examination focuses on studying past and present price action to predict the probability of Alcoa Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alcoa Corp's price. Additionally, you may evaluate how the addition of Alcoa Corp to your portfolios can decrease your overall portfolio volatility.
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Is Alcoa Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alcoa Corp. If investors know Alcoa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alcoa Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.81 | Dividend Share 0.4 | Earnings Share (4.99) | Revenue Per Share 59.657 | Quarterly Revenue Growth (0.09) |
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's underlying business (such as a 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 if Alcoa Corp is a good investment 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.