Alcoa Corp Stock Price on January 25, 2017

AA Stock  USD 33.21  1.63  5.16%   
Below is the normalized historical share price chart for Alcoa Corp extending back to January 02, 1962. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Alcoa Corp stands at 33.21, as last reported on the 28th of March, with the highest price reaching 33.23 and the lowest price hitting 31.67 during the day.
IPO Date
1st of November 2016
200 Day MA
29.5802
50 Day MA
28.659
Beta
2.446
 
Embargo
 
Inflation
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Alcoa Stock, it is important to understand the factors that can impact its price. We consider Alcoa Corp very steady. Alcoa Corp secures Sharpe Ratio (or Efficiency) of 0.0066, which signifies that the company had a 0.0066% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Alcoa Corp, which you can use to evaluate the volatility of the firm. Please confirm Alcoa Corp's risk adjusted performance of 0.0277, and Mean Deviation of 2.52 to double-check if the risk estimate we provide is consistent with the expected return of 0.0218%.
  
At present, Alcoa Corp's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 4.6 B, whereas Common Stock Total Equity is forecasted to decline to about 1.7 M. . At present, Alcoa Corp's Price To Operating Cash Flows Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Cash Flow Ratio is expected to grow to 69.83, whereas Price Earnings Ratio is forecasted to decline to (9.76). Alcoa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0066

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Estimated Market Risk

 3.32
  actual daily
29
71% of assets are more volatile

Expected Return

 0.02
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.01
  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.
Price Book
1.3339
Enterprise Value Ebitda
42.8482
Price Sales
0.5374
Shares Float
177.8 M
Dividend Share
0.4

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About Alcoa Corp Stock history

Alcoa Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Alcoa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alcoa Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Alcoa Corp stock prices may prove useful in developing a viable investing in Alcoa Corp
Last ReportedProjected for 2024
Common Stock Shares Outstanding178.3 M202.5 M
Net Loss-117.3 M-123.2 M

Alcoa Corp Quarterly Net Working Capital

1.38 Billion

Alcoa Corp Stock Technical Analysis

Alcoa Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Alcoa Corp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alcoa Corp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Alcoa Corp Period Price Range

Alcoa Corp March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Alcoa Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alcoa Corp shares will generate the highest return on investment. By undertsting and applying Alcoa Corp stock market strength indicators, traders can identify Alcoa Corp entry and exit signals to maximize returns

Alcoa Corp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Alcoa Corp's price direction in advance. Along with the technical and fundamental analysis of Alcoa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alcoa to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
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 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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.