Allowing for the 30-days total investment horizon, and your above average risk tolerance our recommendation regarding Alcoa Corporation is 'Hold'. Macroaxis provides Alcoa buy hold or sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Alcoa positions. The advice algorithm takes into account all of Alcoa available fundamental, technical, and predictive indicators you will find on this site. The advice is provided from Alcoa buy-and-hold prospective. Check also Alcoa Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for muliple equity instruments please use Instant Ratings tool.
For the selected time horizon Alcoa Corporation has a risk adjusted performance of (0.14), jensen alpha of (0.38), total risk alpha of (0.34), sortino ratio of 0.0 and treynor ratio of (0.25)Our buy or sell advice tool can be used to cross verify current analyst consensus on Alcoa and to analyze the company potential to grow in the current economic cycle. To make sure Alcoa is not overpriced, please confirm all Alcoa fundamentals including its Shares Owned by Insiders, Price to Sales and the relationship between Current Valuation and Price to Earning . Given that Alcoa has Price to Earning of 23.58X, we suggest you validate Alcoa Corporation market performance and probability of bankruptcy to make sure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.
Alcoa Corporation exhibits very low volatility with skewness of -0.45 and kurtosis of 0.55. However, we advise investors to further study Alcoa Corporation technical indicators to make sure all market info is available and is reliable.