We consider Alcoa not very risky. Alcoa Inc secures Sharpe Ratio (or Efficiency) of 0.0492 which signifies that Alcoa Inc had 0.0492% of return per unit of standard deviation over the last 1 month. Our philosophy in foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Alcoa Inc which you can use to evaluate future volatility of the firm. Please confirm Alcoa Inc Mean Deviation of 2.26 and Risk Adjusted Performance of 0.0328 to double-check if risk estimate we provide are consistent with the epected return of 0.1649%.
|Investment Horizon||30 Days Login to change|
Alcoa Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Alcoa will likely underperform.One Month Beta |Analyze Alcoa Inc Demand TrendCheck current 30 days Alcoa correlation with market (NYSE)|
β = 2.4578