Alcoa Performance

    Macroaxis gives Alcoa performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.804 which signifies that as returns on market increase, Alcoa returns are expected to increase less than the market. However during bear market, the loss on holding Alcoa will be expected to be smaller as well.. Even though it is essential to pay attention to Alcoa Inc historical returns, it is always good to be careful when utilizing equity current trading patterns. Macroaxis philosophy in foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Alcoa Inc exposes twenty-eight different technical indicators which can help you to evaluate its performance. Alcoa Inc has expected return of -0.2709%. Please be advised to confirm Alcoa Inc Information Ratio, Treynor Ratio and the relationship between Downside Deviation and Total Risk Alpha to decide if Alcoa Inc past performance will be repeated at some point in the near future.
    Investment Horizon     30 Days    Login   to change

    Relative Risk vs. Return Landscape

    If you would invest  3,667  in Alcoa Inc on January 27, 2017 and sell it today you would lose (219.00)  from holding Alcoa Inc or give up 5.97% of portfolio value over 30 days. Alcoa Inc is generating negative expected returns and assumes 2.1313% volatility on return distribution over the 30 days horizon. Put differently, 20% of equity instruments are less risky than the company on the bases of their historical return distribution and some 99% of equities are expected to be superior in generating returns on investments over the next 30 days.
     Daily Expected Return (%) 
    Benchmark  Embed   Risk (%) 
    Allowing for the 30-days total investment horizon, Alcoa Inc is expected to under-perform the market. In addition to that, the company is 5.57 times more volatile than its market benchmark. It trades about -0.13 of its total potential returns per unit of risk. The NYSE is currently generating roughly 0.3 per unit of volatility.

    Operating Margin
    Alcoa Inc Operating Margin
    Based on recorded statements Alcoa Inc has Operating Margin of 4.31%. This is much higher than that of the Primary Production sector, and significantly higher than that of Non-ferrous Metals Production And Products industry, The Operating Margin for all stocks is over 1000% lower than the firm.
    A good Operating Margin is required for a company to be able to pay for its fixed costs or pay out its debt which implies that the higher the margin, the better. This ratio is most effective in evaluating the earning potential of a company over time when comparing it against firm's competitors.

    Alcoa Daily Price Distribution

    The median price of Alcoa for the period between Fri, Jan 27, 2017 and Sun, Feb 26, 2017 is 36.71 with a coefficient of variation of 3.01. The daily time series for the period is distributed with a sample standard deviation of 1.11, arithmetic mean of 36.91, and mean deviation of 0.85. The Stock received some media coverage during the period.

    Risk-adjusted Performance

    Over the last 30 days Alcoa Inc has generated negative risk-adjusted returns adding no value to investors with long positions.
    One Month Efficiency
    Alcoa Sharpe Ratio = -0.1271
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    Estimated Market Risk

     2.13
      actual daily
     
     80 %
    of total potential
     
    Market Risk score

    Expected Return

     -0.27
      actual daily
     
     1 %
    of total potential
     
    Expected Return score

    Risk-Adjusted Return

     -0.13
      actual daily
     
     1 %
    of total potential
     
    Risk-Adjusted Return score
    Based on monthly moving average Alcoa is performing at about 0% 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 by adding it to a well-diversified portfolio.