Roy Harvey - Alcoa Corp President
| AA Stock | USD 39.83 0.33 0.82% |
President
Mr. Roy C. Harvey serves as Chief Executive Officer Director of the Company. Mr. Harvey has served as Executive Vice President of ParentCo and President of ParentCos Global Primary Products since October 2015. From June 2014 to October 2015 he was Executive Vice President Human Resources and Environment Health Safety and Sustainability at ParentCo. Prior to that Mr. Harvey was Chief Operating Officer for Global Primary Products at ParentCo from July 2013 to June 2014 and was Chief Financial Officer for Global Primary Products from December 2011 to July 2013. In addition to these roles Mr. Harvey served as Director of Investor Relations at ParentCo from September 2010 to November 2011 and was Director of Corporationrationrate Treasury from January 2010 to September 2010 since 2017.
| Age | 49 |
| Tenure | 7 years |
| Address | 201 Isabella Street, Pittsburgh, PA, United States, 15212-5858 |
| Phone | 412 315 2900 |
| Web | https://www.alcoa.com |
Alcoa Corp Management Efficiency
The current year's Return On Tangible Assets is expected to grow to -0.04. The current year's Return On Capital Employed is expected to grow to -0.03. At present, Alcoa Corp's Net Tangible Assets are projected to decrease significantly based on the last few years of reporting. The current year's Intangible Assets is expected to grow to about 46.1 M, whereas Total Assets are forecasted to decline to about 12.7 B. Alcoa Corp's management efficiency ratios could be used to measure how well Alcoa Corp manages its routine affairs as well as how well it operates its assets and liabilities.Similar Executives
| Found 8 records | PRESIDENT Age | ||
| John Thuestad | Norsk Hydro ASA | 63 | |
| Ruilian Zhang | China Hongqiao Group | 46 | |
| Mark Krouse | Kaiser Aluminum | 72 | |
| Hilde Aasheim | Norsk Hydro ASA | 65 | |
| Jason Walsh | Kaiser Aluminum | 44 | |
| Hilde Nordh | Norsk Hydro ASA | 54 | |
| AnneLene Midseim | Norsk Hydro ASA | 55 | |
| Jennifer Huey | Kaiser Aluminum | 43 | |
Management Performance
| Return On Equity | -0.14 | ||||
| Return On Asset | -0.0033 |
Alcoa Corp Leadership Team
Elected by the shareholders, the Alcoa Corp's board of directors comprises two types of representatives: Alcoa Corp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Alcoa. The board's role is to monitor Alcoa Corp's management team and ensure that shareholders' interests are well served. Alcoa Corp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Alcoa Corp's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Thomas Gorman, Independent Director | ||
| marissa Earnest, Senior Vice President Chief Governance Counsel, Secretary | ||
| Matthew Reed, Executive COO | ||
| Renato Bacchi, Executive Vice President Chief Strategy Officer | ||
| Carol Roberts, Independent Director | ||
| James Hughes, Independent Director | ||
| Kathryn Fuller, Independent Director | ||
| Mary Citrino, Independent Director | ||
| Benjamin Kahrs, Executive Vice President Chief Innovation Officer | ||
| James Nevels, Independent Director | ||
| Pasquale Fiore, Independent Director | ||
| Tammi Jones, Chief Human Resource Officer, Executive Vice President | ||
| Roy Harvey, Executive Vice President Human Resources and Environment, Health, Safety and Sustainability | ||
| Steven Williams, Non-Executive Independent Chairman of the Board | ||
| Catherine Garfinkel, Compliance Ethics | ||
| Andrew Hastings, Executive Counsel | ||
| Louis Langlois, Senior Treasurer | ||
| John Slaven, Chief Operating Officer, Executive Vice President | ||
| Nicol Gagstetter, Executive Officer | ||
| Timothy Flynn, Independent Director | ||
| Suzanne Sitherwood, Independent Director | ||
| Timothy Reyes, Executive Vice President and Chief Commercial Officer | ||
| James Dwyer, Vice Relations | ||
| Sonya Harden, Executive Vice President Chief External Affairs Officer | ||
| Jeffrey Heeter, Executive Vice President General Counsel, Secretary | ||
| Heather Hudak, Senior Tax | ||
| Andrew Estel, Senior Strategy | ||
| Michael Morris, Non-Executive Independent Chairman of the Board | ||
| William Oplinger, CFO, Executive VP and Member of Executive Council | ||
| Ernesto Leon, Independent Director | ||
| Renee Henry, Controller VP | ||
| Kelly Thomas, Executive Vice President Chief Commercial Officer | ||
| Molly Beerman, Executive CFO |
Alcoa Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Alcoa Corp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.14 | ||||
| Return On Asset | -0.0033 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | (0.01) % | ||||
| Current Valuation | 9.45 B | ||||
| Shares Outstanding | 179.56 M | ||||
| Shares Owned By Insiders | 1.06 % | ||||
| Shares Owned By Institutions | 86.22 % | ||||
| Number Of Shares Shorted | 12.21 M | ||||
| Price To Earning | 9.32 X |
Alcoa Corp Investors Sentiment
The influence of Alcoa Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Alcoa. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Alcoa Corp's public news can be used to forecast risks associated with an investment in Alcoa. The trend in average sentiment can be used to explain how an investor holding Alcoa can time the market purely based on public headlines and social activities around Alcoa Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Alcoa Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Alcoa Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Alcoa Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Alcoa Corp.
Alcoa Corp Implied Volatility | 80.59 |
Alcoa Corp's implied volatility exposes the market's sentiment of Alcoa Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Alcoa Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Alcoa Corp stock will not fluctuate a lot when Alcoa Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Alcoa Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Alcoa Corp's short interest history, or implied volatility extrapolated from Alcoa Corp options trading.
Pair Trading with Alcoa Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Alcoa Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Alcoa Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Alcoa Stock
| 0.94 | AG | First Majestic Silver | PairCorr |
| 0.88 | AU | AngloGold Ashanti plc Financial Report 28th of June 2024 | PairCorr |
Moving against Alcoa Stock
| 0.81 | X | United States Steel | PairCorr |
| 0.65 | FMST | Foremost Lithium Resource | PairCorr |
The ability to find closely correlated positions to Alcoa Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Alcoa Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Alcoa Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Alcoa Corp to buy it.
The correlation of Alcoa Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Alcoa Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Alcoa Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Alcoa Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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.
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |
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 (3.76) | Revenue Per Share 58.794 | 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.