Alcoa Corp Stock Performance

AA Stock  USD 33.79  0.58  1.75%   
Alcoa Corp has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 3.29, 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. Alcoa Corp right now shows a risk of 3.3%. Please confirm Alcoa Corp mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and total risk alpha , to decide if Alcoa Corp will be following its price patterns.

Risk-Adjusted Performance

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Compared to the overall equity markets, risk-adjusted returns on investments in Alcoa Corp are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. 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

Actual Historical Performance (%)

One Day Return
1.75
Five Day Return
9
Year To Date Return
1.44
Ten Year Return
16.72
All Time Return
415.88
Forward Dividend Yield
0.012
Payout Ratio
0.0584
Last Split Factor
1000:801
Forward Dividend Rate
0.4
Dividend Date
2024-03-21
1
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02/26/2024
2
Dust settles on Alcoas 3.4 billion takeover
03/12/2024
3
Disposition of 1440 shares by Tammi Jones of Alcoa Corp at 30.67 subject to Rule 16b-3
03/13/2024
4
Alcoa Dips More Than Broader Market What You Should Know
03/14/2024
5
National Democrats work to make Bernie Moreno the Senate candidate because they think Sherrod Brown would obliterate him Today in Ohio
03/15/2024
6
High-Performance Alloys Market Size is expected to reach USD 15.89 billion by 2031, growing at a CAGR of 5.41 percent Straits Research
03/18/2024
7
Vehicle Armor Materials Market worth 9.3 billion by 2029 - Exclusive Report by MarketsandMarkets
03/19/2024
 
Alcoa Corp dividend paid on 21st of March 2024
03/21/2024
8
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03/22/2024
9
COLUMN-US looks to reboot aluminium sector with a new smelter Andy Home
03/27/2024
Begin Period Cash Flow1.5 B
  

Alcoa Corp Relative Risk vs. Return Landscape

If you would invest  3,388  in Alcoa Corp on December 29, 2023 and sell it today you would lose (9.00) from holding Alcoa Corp or give up 0.27% of portfolio value over 90 days. Alcoa Corp is generating 0.0496% of daily returns and assumes 3.2967% volatility on return distribution over the 90 days horizon. Put differently, 29% 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  
Allowing for the 90-day total investment horizon Alcoa Corp is expected to generate 2.74 times less return on investment than the market. In addition to that, the company is 5.79 times more volatile than its market benchmark. It trades about 0.02 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.24 per unit of volatility.

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 = 0.015

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Estimated Market Risk

 3.3
  actual daily
29
71% of assets are more volatile

Expected Return

 0.05
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Alcoa Corp is performing at about 1% 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 Corp by adding it 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.

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 ReportedProjected for 2024
Return On Capital Employed(0.03)(0.03)
Return On Assets(0.05)(0.04)
Return On Equity(0.15)(0.15)

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 had very high historical volatility over the last 90 days
The company generated the yearly revenue of 10.55 B. Annual Net Loss to common stockholders was (773 M) with gross profit of 2.31 B.
Over 86.0% of the company shares are held by institutions such as insurance companies
On 21st of March 2024 Alcoa Corp paid $ 0.1 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: COLUMN-US looks to reboot aluminium sector with a new smelter Andy Home
Evaluating Alcoa Corp's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Alcoa Corp's stock performance include:
  • 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.
It's essential to remember that evaluating Alcoa Corp's stock performance is not an exact science, and many factors can impact Alcoa Corp's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
When determining whether Alcoa Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alcoa Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alcoa Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alcoa Corp Stock:
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 various price indices.
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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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
(3.65)
Revenue Per Share
59.275
Quarterly Revenue Growth
(0.03)
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.