Alcoa Risk Adjusted Performance

AA -- USA Stock  

USD 22.89  0.33  1.46%

Alcoa risk-adjusted-performance technical analysis lookup allows you to check this and other technical indicators for Alcoa Corporation or any other equities. You can select from a set of available technical indicators by clicking on the link to the right. Please note, not all equities are covered by this module due to inconsistencies in global equity categorizations and data normalization technicques. Please check also Equity Screeners to view more equity screening tools
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Alcoa Corporation has current Risk Adjusted Performance of 0.0143.
RAP 
 = 
(ER[a] - RFR) * STD[b])/STD[b] 
RFR 
 = 
0.0143
ER[a] =   Expected return on investing in Alcoa
RFR =   Risk Free Rate of return. Typically T-Bill Rate
STD[b] =   Standard Deviation of selected market or benchmark.

Risk Adjusted Performance Comparison

Alcoa Corporation is rated below average in risk adjusted performance category among related companies. It is rated below average in maximum drawdown category among related companies reporting about  811.94  of Maximum Drawdown per Risk Adjusted Performance. The ratio of Maximum Drawdown to Risk Adjusted Performance for Alcoa Corporation is roughly  811.94 
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