Alcoa Corp Stock Buy Hold or Sell Recommendation
| AA Stock | USD 46.43 0.55 1.20% |
Allowing for the 90-day total investment horizon and your below-average risk tolerance, our recommendation regarding Alcoa Corp is 'Hold'. Macroaxis provides Alcoa Corp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding AA positions.
Check out Alcoa Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide. In addition, we conduct extensive research on individual companies such as Alcoa and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Alcoa Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Alcoa |
Execute Alcoa Corp Buy or Sell Advice
The Alcoa recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Alcoa Corp. Macroaxis does not own or have any residual interests in Alcoa Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Alcoa Corp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Alcoa Corp Trading Alerts and Improvement Suggestions
| Alcoa Corp appears to be risky and price may revert if volatility continues | |
| The company generated the yearly revenue of 10.55 B. Annual Net Loss to common stockholders was (773 M) with gross profit of 2.31 B. | |
| Alcoa Corp has a poor financial position based on the latest SEC disclosures | |
| Over 76.0% of the company shares are held by institutions such as insurance companies | |
| On 15th of November 2024 Alcoa Corp paid $ 0.1 per share dividend to its current shareholders | |
| Latest headline from thewest.com.au: Mining giant Alcoa digging up its past to keep Pinjarra plant filled |
Alcoa Corp Returns Distribution Density
The distribution of Alcoa Corp's historical returns is an attempt to chart the uncertainty of Alcoa Corp's future price movements. The chart of the probability distribution of Alcoa Corp daily returns describes the distribution of returns around its average expected value. We use Alcoa Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Alcoa Corp returns is essential to provide solid investment advice for Alcoa Corp.
| Mean Return | 0.61 | Value At Risk | -4.39 | Potential Upside | 6.10 | Standard Deviation | 3.16 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Alcoa Corp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Alcoa Stock Institutional Investors
| Shares | Arga Investment Management, Lp | 2024-09-30 | 2.3 M | Antipodes Partners Limited | 2024-09-30 | 2.2 M | Encompass Capital Advisors Llc | 2024-09-30 | 2.1 M | Voloridge Investment Management, Llc | 2024-09-30 | 2.1 M | Norges Bank | 2024-06-30 | 2 M | Jpmorgan Chase & Co | 2024-06-30 | 1.9 M | Charles Schwab Investment Management Inc | 2024-09-30 | 1.9 M | Fisher Asset Management, Llc | 2024-09-30 | 1.9 M | Two Sigma Investments Llc | 2024-09-30 | 1.8 M | Vanguard Group Inc | 2024-09-30 | 25.8 M | Blackrock Inc | 2024-06-30 | 17.2 M |
Alcoa Corp Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 137M | 122M | (639M) | (547M) | 243M | 255.2M | |
| Change In Cash | (233M) | 727M | 314M | (450M) | (427M) | (405.7M) | |
| Free Cash Flow | 307M | 41M | 530M | 342M | (440M) | (418M) | |
| Depreciation | 871M | 640M | 263M | 617M | 632M | 580.8M | |
| Other Non Cash Items | 888M | (207M) | 573M | 735M | 251M | 493.1M | |
| Capital Expenditures | 379M | 353M | 390M | 480M | 531M | 344.9M | |
| Net Income | (853M) | (14M) | 570M | 59M | (773M) | (811.7M) | |
| End Period Cash Flow | 883M | 1.6B | 1.9B | 1.5B | 1.0B | 1.1B | |
| Investments | (112M) | (12M) | (11M) | (495M) | (585M) | (555.8M) | |
| Net Borrowings | 425M | (7M) | (1M) | (799M) | (900K) | (855K) | |
| Change To Netincome | (59M) | (463M) | 1.1B | 309M | 278.1M | 345.7M | |
| Change Receivables | 283M | 16M | (414M) | (59M) | (53.1M) | (55.8M) | |
| Dividends Paid | 472M | 1M | 19M | 72M | 64.8M | 61.6M |
Alcoa Corp Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Alcoa Corp or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Alcoa Corp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Alcoa stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.36 | |
β | Beta against Dow Jones | 1.93 | |
σ | Overall volatility | 3.12 | |
Ir | Information ratio | 0.15 |
Alcoa Corp Volatility Alert
Alcoa Corp currently demonstrates below-average downside deviation. It has Information Ratio of 0.15 and Jensen Alpha of 0.36. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Alcoa Corp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Alcoa Corp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Alcoa Corp Implied Volatility
Alcoa Corp's implied volatility exposes the market's sentiment of Alcoa Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Alcoa Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Alcoa Corp stock will not fluctuate a lot when Alcoa Corp's options are near their expiration.
Alcoa Corp Fundamentals Vs Peers
Comparing Alcoa Corp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Alcoa Corp's direct or indirect competition across all of the common fundamentals between Alcoa Corp and the related equities. This way, we can detect undervalued stocks with similar characteristics as Alcoa Corp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Alcoa Corp's fundamental indicators could also be used in its relative valuation, which is a method of valuing Alcoa Corp by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Alcoa Corp to competition |
| Fundamentals | Alcoa Corp | Peer Average |
| Return On Equity | -0.0714 | -0.31 |
| Return On Asset | 0.0186 | -0.14 |
| Profit Margin | (0.03) % | (1.27) % |
| Operating Margin | 0.09 % | (5.51) % |
| Current Valuation | 13.47 B | 16.62 B |
| Shares Outstanding | 258.36 M | 571.82 M |
| Shares Owned By Insiders | 0.75 % | 10.09 % |
| Shares Owned By Institutions | 75.82 % | 39.21 % |
| Number Of Shares Shorted | 8.8 M | 4.71 M |
| Price To Earning | 9.32 X | 28.72 X |
| Price To Book | 2.26 X | 9.51 X |
| Price To Sales | 1.09 X | 11.42 X |
| Revenue | 10.55 B | 9.43 B |
| Gross Profit | 2.31 B | 27.38 B |
| EBITDA | 155 M | 3.9 B |
| Net Income | (773 M) | 570.98 M |
| Cash And Equivalents | 1.36 B | 2.7 B |
| Cash Per Share | 8.09 X | 5.01 X |
| Total Debt | 1.92 B | 5.32 B |
| Debt To Equity | 0.26 % | 48.70 % |
| Current Ratio | 1.81 X | 2.16 X |
| Book Value Per Share | 20.32 X | 1.93 K |
| Cash Flow From Operations | 91 M | 971.22 M |
| Short Ratio | 1.73 X | 4.00 X |
| Earnings Per Share | (1.56) X | 3.12 X |
| Price To Earnings To Growth | (0.29) X | 4.89 X |
| Target Price | 47.43 | |
| Number Of Employees | 13.6 K | 18.84 K |
| Beta | 2.42 | -0.15 |
| Market Capitalization | 12 B | 19.03 B |
| Total Asset | 14.15 B | 29.47 B |
| Retained Earnings | (1.29 B) | 9.33 B |
| Working Capital | 1.38 B | 1.48 B |
Note: Acquisition by Tammi Jones of 960 shares of Alcoa Corp subject to Rule 16b-3 [view details]
Alcoa Corp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Alcoa . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Alcoa Corp Buy or Sell Advice
When is the right time to buy or sell Alcoa Corp? Buying financial instruments such as Alcoa Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Alcoa Corp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade Alcoa Stock refer to our How to Trade Alcoa Stock guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alcoa Corp. If investors know Alcoa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alcoa Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.81 | Dividend Share 0.4 | Earnings Share (1.56) | Revenue Per Share 57.238 | Quarterly Revenue Growth 0.116 |
The market value of Alcoa Corp is measured differently than its book value, which is the value of Alcoa that is recorded on the company's balance sheet. Investors also form their own opinion of Alcoa Corp's value that differs from its market value or its book value, called intrinsic value, which is Alcoa Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alcoa Corp's market value can be influenced by many factors that don't directly affect Alcoa Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alcoa Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alcoa Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alcoa Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.