Alcoa Market Capitalization vs Earnings before Tax Analysis

    Market Capitalization vs Earnings before Tax

    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].

    Earnings before Tax

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

    Accounts Relationship

    Market Capitalization vs Earnings before Tax

    Significance: Significant Contrarian Relationship

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

    Correlation Coefficient

    -0.21
    Relationship DirectionNegative 
    Relationship StrengthInsignificant