Alcoa Earnings before Tax vs Market Capitalization Analysis

    Earnings before Tax vs Market Capitalization

    Earnings before Tax

    Earnings Before Tax is calculated by adding Income Tax Expense back to Net Income.

    Market Capitalization

    Market capitalization (or market cap) is the total value of the shares outstanding of Alcoa Inc. It is equal to Alcoa current share price times the number of Alcoa Inc outstanding shares. Represents the product of [SHARESBAS], [PRICE] and [SHAREFACTOR].
    Accounts Relationship
    Earnings before Tax vs Market Capitalization

    Significance: Weak Contrarian Relationship

    Overlapping area represents amount of trend that can be explained by analyzing historical patterns of Alcoa Inc Earnings before Tax account and Market Capitalization

    Correlation Coefficient

    -0.13
    Relationship DirectionNegative 
    Relationship StrengthInsignificant