Alcoa Corp Stock Performance
| AA Stock | USD 35.47 0.08 0.23% |
On a scale of 0 to 100, Alcoa Corp holds a performance score of 20. The firm shows a Beta (market volatility) of 2.19, 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. Please check Alcoa Corp's information ratio, treynor ratio, and the relationship between the downside deviation and total risk alpha , to make a quick decision on whether Alcoa Corp's price patterns will revert.
Risk-Adjusted Performance
20 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Alcoa Corp are ranked lower than 20 (%) of all global equities and portfolios over the last 90 days. Despite somewhat weak basic indicators, Alcoa Corp sustained solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (0.22) | Five Day Return (5.34) | Year To Date Return 6.48 | Ten Year Return 16.91 | All Time Return 441.53 |
Forward Dividend Yield 0.0113 | Payout Ratio 0.0584 | Last Split Factor 1000:801 | Forward Dividend Rate 0.4 | Dividend Date 2024-03-21 |
1 | Acquisition by Steven Williams of 2050 shares of Alcoa Corp at 37.18 subject to Rule 16b-3 | 04/03/2024 |
2 | Alcoas Options A Look at What the Big Money is Thinking | 04/05/2024 |
3 | Disposition of 30000 shares by Roy Harvey of Alcoa Corp at 51.3 subject to Rule 16b-3 | 04/10/2024 |
4 | Hot Drinks Packaging Market Size is projected to reach USD 16.10 billion by 2031, growing at a CAGR of 4.12 percent Straits Research | 04/11/2024 |
5 | Unveiling Alcoa Q1 Outlook Wall Street Estimates for Key Metrics | 04/12/2024 |
6 | Aluminum, Nickel, Copper LME ban on Russian metal creates buying opportunity | 04/15/2024 |
7 | Mining Stocks Slip After Gold Prices Fell Back | 04/16/2024 |
8 | Heres What Key Metrics Tell Us About Alcoa Q1 Earnings | 04/17/2024 |
| Begin Period Cash Flow | 1.5 B |
Alcoa |
Alcoa Corp Relative Risk vs. Return Landscape
If you would invest 3,135 in Alcoa Corp on January 20, 2024 and sell it today you would earn a total of 412.00 from holding Alcoa Corp or generate 13.14% return on investment over 90 days. Alcoa Corp is generating 0.616% of daily returns and assumes 2.364% volatility on return distribution over the 90 days horizon. Put differently, 20% of stocks are less risky than Alcoa on the basis of their historical return distribution, and some 88% 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 = 0.2606
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.36 actual daily | 20 80% of assets are more volatile |
Expected Return
| 0.62 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.26 actual daily | 20 80% of assets perform better |
Based on monthly moving average Alcoa Corp is performing at about 20% 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.
| Return On Equity | -0.14 | ||||
| Return On Asset | -0.0054 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | (0.01) % | ||||
| Current Valuation | 9.09 B | ||||
| Shares Outstanding | 179.56 M | ||||
| Price To Earning | 9.32 X | ||||
| Price To Book | 1.49 X | ||||
| Price To Sales | 0.60 X | ||||
| Revenue | 10.55 B | ||||
| Gross Profit | 2.31 B | ||||
| EBITDA | 277 M | ||||
| Net Income | (773 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 | 22.28 X | ||||
| Cash Flow From Operations | 91 M | ||||
| Earnings Per Share | (3.65) X | ||||
| Market Capitalization | 6.37 B | ||||
| Total Asset | 14.16 B | ||||
| Retained Earnings | (1.29 B) | ||||
| Working Capital | 1.38 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 Next Year | ||
| Days Of Inventory On Hand | 75.41 | 48.96 | |
| Return On Tangible Assets | (0.05) | (0.04) | |
| 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.| 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. | |
| Alcoa Corp has a poor financial position based on the latest SEC disclosures | |
| 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: Heres What Key Metrics Tell Us About Alcoa Q1 Earnings |
- 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 Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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 0.3 | Earnings Share (3.65) | Revenue Per Share 58.771 | 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.