Alcoa Corp Stock Price on November 28, 2024
| AA Stock | USD 45.88 1.54 3.25% |
Below is the normalized historical share price chart for Alcoa Corp extending back to January 02, 1962. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Alcoa Corp stands at 45.88, as last reported on the 28th of November, with the highest price reaching 47.60 and the lowest price hitting 45.42 during the day.
If you're considering investing in Alcoa Stock, it is important to understand the factors that can impact its price. Alcoa Corp appears to be very steady, given 3 months investment horizon. Alcoa Corp secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of standard deviation over the last 3 months. By analyzing Alcoa Corp's technical indicators, you can evaluate if the expected return of 0.62% is justified by implied risk. Please makes use of Alcoa Corp's risk adjusted performance of 0.1336, and Mean Deviation of 2.45 to double-check if our risk estimates are consistent with your expectations.
At present, Alcoa Corp's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 4.6 B, whereas Common Stock Total Equity is forecasted to decline to about 1.7 M. . At present, Alcoa Corp's Price To Operating Cash Flows Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Cash Flow Ratio is expected to grow to 69.83, whereas Price To Sales Ratio is forecasted to decline to 0.43. Alcoa Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of November 2016 | 200 Day MA 36.2503 | 50 Day MA 40.724 | Beta 2.419 |
Alcoa |
Sharpe Ratio = 0.193
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | AA | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 3.23 actual daily | 28 72% of assets are more volatile |
Expected Return
| 0.62 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Alcoa Corp is performing at about 15% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Alcoa Corp by adding it to a well-diversified portfolio.
Price Book 2.3237 | Enterprise Value Ebitda 20.9704 | Price Sales 1.1133 | Shares Float 256.3 M | Dividend Share 0.4 |
Alcoa Corp Valuation on November 28, 2024
It is possible to determine the worth of Alcoa Corp on a given historical date. On November 28, 2024 Alcoa was worth 47.24 at the beginning of the trading date compared to the closed value of 45.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Alcoa Corp stock. Still, in general, we apply an absolute valuation method to find Alcoa Corp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Alcoa Corp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Alcoa Corp's related companies.
| Open | High | Low | Close | Volume | |
| 46.93 | 47.77 | 46.71 | 47.42 | 3,212,085 | |
11/27/2024 | 47.24 | 47.60 | 45.42 | 45.88 | 3,993,512 |
| Backtest Alcoa Corp | | | Alcoa Corp History | | | Alcoa Corp Valuation | Previous |
Alcoa Corp Trading Date Momentum on November 28, 2024
| On November 27 2024 Alcoa Corp was traded for 45.88 at the closing time. The highest price during the trading period was 47.60 and the lowest recorded bid was listed for 45.42 . The volume for the day was 4 M. This history from November 27, 2024 did not affect price variability. The overall trading delta to the current price is 2.96% . |
Alcoa Corp Fundamentals Correlations and Trends
By evaluating Alcoa Corp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Alcoa Corp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Alcoa financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Alcoa Corp Stock history
Alcoa Corp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Alcoa is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Alcoa Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Alcoa Corp stock prices may prove useful in developing a viable investing in Alcoa Corp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 178 M | 202.5 M | |
| Net Loss | -117.3 M | -123.2 M |
Alcoa Corp Quarterly Net Working Capital |
|
Alcoa Corp Stock Technical Analysis
Alcoa Corp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Alcoa Corp Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
Alcoa Corp cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Alcoa Corp November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how Alcoa Corp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alcoa Corp shares will generate the highest return on investment. By undertsting and applying Alcoa Corp stock market strength indicators, traders can identify Alcoa Corp entry and exit signals to maximize returns
Alcoa Corp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Alcoa Corp's price direction in advance. Along with the technical and fundamental analysis of Alcoa Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Alcoa to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1336 | |||
| Jensen Alpha | 0.2874 | |||
| Total Risk Alpha | 0.0138 | |||
| Sortino Ratio | 0.1376 | |||
| Treynor Ratio | 0.2657 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Alcoa Stock analysis
When running Alcoa Corp's price analysis, check to measure Alcoa Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alcoa Corp is operating at the current time. Most of Alcoa Corp's value examination focuses on studying past and present price action to predict the probability of Alcoa Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alcoa Corp's price. Additionally, you may evaluate how the addition of Alcoa Corp to your portfolios can decrease your overall portfolio volatility.
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |