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Alcoa Corp
Buy, Hold or Sell?

Let's analyse Alcoa together

PenkeI guess you are interested in Alcoa Corp. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Alcoa Corp. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Alcoa (30 sec.)










What can you expect buying and holding a share of Alcoa? (30 sec.)

How much money do you get?

How much money do you get?
$0.40
When do you have the money?
1 year
How often do you get paid?
73.0%

What is your share worth?

Current worth
$32.56
Expected worth in 1 year
$28.51
How sure are you?
35.1%

+ What do you gain per year?

Total Gains per Share
$-3.64
Return On Investment
-10.8%

For what price can you sell your share?

Current Price per Share
$33.79
Expected price per share
$27.86 - $36.77
How sure are you?
50%

1. Valuation of Alcoa (5 min.)




Live pricePrice per Share (EOD)

$33.79

Intrinsic Value Per Share

$26.42 - $31.51

Total Value Per Share

$58.98 - $64.07

2. Growth of Alcoa (5 min.)




Is Alcoa growing?

Current yearPrevious yearGrowGrow %
How rich?$5.8b$6.7b-$580.2m-9.4%

How much money is Alcoa making?

Current yearPrevious yearGrowGrow %
Making money-$167.7m-$37.5m-$130.2m-77.6%
Net Profit Margin-6.3%-3.3%--

How much money comes from the company's main activities?

3. Financial Health of Alcoa (5 min.)




4. Comparing to competitors in the Aluminum industry (5 min.)




  Industry Rankings (Aluminum)  


Richest
#7 / 73

Most Profit
#73 / 73

What can you expect buying and holding a share of Alcoa? (5 min.)

Welcome investor! Alcoa's management wants to use your money to grow the business. In return you get a share of Alcoa.

What can you expect buying and holding a share of Alcoa?

First you should know what it really means to hold a share of Alcoa. And how you can make/lose money.

Speculation

The Price per Share of Alcoa is $33.79. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Alcoa.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Alcoa, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $32.56. Based on the TTM, the Book Value Change Per Share is $-1.01 per quarter. Based on the YOY, the Book Value Change Per Share is $0.74 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.10 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Alcoa.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.84-2.5%-0.91-2.7%-0.20-0.6%-0.46-1.4%-0.41-1.2%
Usd Book Value Change Per Share-1.37-4.1%-1.01-3.0%0.742.2%-0.37-1.1%0.882.6%
Usd Dividend Per Share0.100.3%0.100.3%0.100.3%0.230.7%0.280.8%
Usd Total Gains Per Share-1.27-3.8%-0.91-2.7%0.832.5%-0.13-0.4%1.163.4%
Usd Price Per Share34.00-34.89-53.69-33.87-30.28-
Price to Earnings Ratio-10.18--10.29-1.35--15.81--8.56-
Price-to-Total Gains Ratio-26.78--9.39--96.89--34.06--27.28-
Price to Book Ratio1.04-1.01-1.50-1.03-0.83-
Price-to-Total Gains Ratio-26.78--9.39--96.89--34.06--27.28-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share33.79
Number of shares29
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.100.23
Usd Book Value Change Per Share-1.01-0.37
Usd Total Gains Per Share-0.91-0.13
Gains per Quarter (29 shares)-26.41-3.84
Gains per Year (29 shares)-105.63-15.37
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
112-117-11627-43-25
223-235-22254-85-40
335-352-32882-128-55
447-469-434109-170-70
558-586-540136-213-85
670-704-646163-255-100
781-821-752190-298-115
893-938-858218-341-130
9105-1055-964245-383-145
10116-1173-1070272-426-160

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%5.07.00.041.7%6.014.00.030.0%14.023.00.037.8%14.023.00.037.8%
Book Value Change Per Share1.03.00.025.0%5.07.00.041.7%5.015.00.025.0%13.022.02.035.1%13.022.02.035.1%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%20.00.00.0100.0%27.00.010.073.0%27.00.010.073.0%
Total Gains per Share1.03.00.025.0%5.07.00.041.7%5.015.00.025.0%13.022.02.035.1%13.022.02.035.1%

Fundamentals of Alcoa

About Alcoa Corp

Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. The company operates through two segments, Alumina and Aluminum. It engages in bauxite mining operations; and processes bauxite into alumina and sells it to customers who process it into industrial chemical products, as well as aluminum smelting and casting businesses. The company offers primary aluminum in the form of alloy ingot or value-add ingot to customers that produce products for the transportation, building and construction, packaging, wire, and other industrial markets; and flat-rolled aluminum in the form of sheet, which is sold primarily to customers that produce beverage and food cans. In addition, it owns hydro power plants that generates and sells electricity in the wholesale market to traders, large industrial consumers, distribution companies, and other generation companies. The company was formerly known as Alcoa Upstream Corporation and changed its name to Alcoa Corporation in October 2016. The company was founded in 1886 and is headquartered in Pittsburgh, Pennsylvania.

Fundamental data was last updated by Penke on 2024-03-20 08:04:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is able to pay all its debts by selling its assets.
The company is just able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is underpriced.

1.1. Profitability of Alcoa Corp.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Alcoa earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Alcoa to the Aluminum industry mean.
  • A Net Profit Margin of -5.8% means that $-0.06 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Alcoa Corp:

  • The MRQ is -5.8%. The company is making a loss. -1
  • The TTM is -6.3%. The company is making a loss. -1
Trends
Current periodCompared to+/- 
MRQ-5.8%TTM-6.3%+0.5%
TTM-6.3%YOY-3.3%-3.0%
TTM-6.3%5Y-3.7%-2.6%
5Y-3.7%10Y-3.1%-0.6%
Compared to industry (Aluminum)
PeriodCompanyIndustry (mean)+/- 
MRQ-5.8%2.3%-8.1%
TTM-6.3%2.7%-9.0%
YOY-3.3%5.8%-9.1%
5Y-3.7%3.7%-7.4%
10Y-3.1%3.2%-6.3%
1.1.2. Return on Assets

Shows how efficient Alcoa is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Alcoa to the Aluminum industry mean.
  • -1.1% Return on Assets means that Alcoa generated $-0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Alcoa Corp:

  • The MRQ is -1.1%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -1.2%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-1.1%TTM-1.2%+0.1%
TTM-1.2%YOY-0.4%-0.8%
TTM-1.2%5Y-0.6%-0.6%
5Y-0.6%10Y-0.5%-0.1%
Compared to industry (Aluminum)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.1%0.9%-2.0%
TTM-1.2%0.9%-2.1%
YOY-0.4%2.0%-2.4%
5Y-0.6%1.2%-1.8%
10Y-0.5%1.2%-1.7%
1.1.3. Return on Equity

Shows how efficient Alcoa is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Alcoa to the Aluminum industry mean.
  • -3.5% Return on Equity means Alcoa generated $-0.04 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Alcoa Corp:

  • The MRQ is -3.5%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -3.7%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-3.5%TTM-3.7%+0.1%
TTM-3.7%YOY-0.6%-3.1%
TTM-3.7%5Y-1.6%-2.0%
5Y-1.6%10Y-1.1%-0.5%
Compared to industry (Aluminum)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.5%1.8%-5.3%
TTM-3.7%1.8%-5.5%
YOY-0.6%3.9%-4.5%
5Y-1.6%2.6%-4.2%
10Y-1.1%2.3%-3.4%

1.2. Operating Efficiency of Alcoa Corp.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Alcoa is operating .

  • Measures how much profit Alcoa makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Alcoa to the Aluminum industry mean.
  • An Operating Margin of -2.7% means the company generated $-0.03  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Alcoa Corp:

  • The MRQ is -2.7%. The company is operating very inefficient. -2
  • The TTM is -1.2%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-2.7%TTM-1.2%-1.5%
TTM-1.2%YOY10.1%-11.3%
TTM-1.2%5Y8.0%-9.2%
5Y8.0%10Y8.6%-0.6%
Compared to industry (Aluminum)
PeriodCompanyIndustry (mean)+/- 
MRQ-2.7%5.6%-8.3%
TTM-1.2%3.3%-4.5%
YOY10.1%7.1%+3.0%
5Y8.0%5.4%+2.6%
10Y8.6%3.9%+4.7%
1.2.2. Operating Ratio

Measures how efficient Alcoa is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Aluminum industry mean).
  • An Operation Ratio of 1.03 means that the operating costs are $1.03 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Alcoa Corp:

  • The MRQ is 1.027. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.003. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.027TTM1.003+0.025
TTM1.003YOY0.883+0.120
TTM1.0035Y0.915+0.088
5Y0.91510Y0.929-0.015
Compared to industry (Aluminum)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0271.747-0.720
TTM1.0031.759-0.756
YOY0.8831.730-0.847
5Y0.9151.765-0.850
10Y0.9291.406-0.477

1.3. Liquidity of Alcoa Corp.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Alcoa is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Aluminum industry mean).
  • A Current Ratio of 1.45 means the company has $1.45 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Alcoa Corp:

  • The MRQ is 1.454. The company is just able to pay all its short-term debts.
  • The TTM is 1.673. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.454TTM1.673-0.219
TTM1.673YOY1.746-0.073
TTM1.6735Y1.598+0.075
5Y1.59810Y1.344+0.253
Compared to industry (Aluminum)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4541.765-0.311
TTM1.6731.698-0.025
YOY1.7461.649+0.097
5Y1.5981.609-0.011
10Y1.3441.413-0.069
1.3.2. Quick Ratio

Measures if Alcoa is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Alcoa to the Aluminum industry mean.
  • A Quick Ratio of 0.61 means the company can pay off $0.61 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Alcoa Corp:

  • The MRQ is 0.608. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.689. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.608TTM0.689-0.081
TTM0.689YOY0.793-0.104
TTM0.6895Y0.803-0.114
5Y0.80310Y0.674+0.129
Compared to industry (Aluminum)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6080.575+0.033
TTM0.6890.689+0.000
YOY0.7930.704+0.089
5Y0.8030.743+0.060
10Y0.6740.682-0.008

1.4. Solvency of Alcoa Corp.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Alcoa assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Alcoa to Aluminum industry mean.
  • A Debt to Asset Ratio of 0.59 means that Alcoa assets are financed with 58.7% credit (debt) and the remaining percentage (100% - 58.7%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Alcoa Corp:

  • The MRQ is 0.587. The company is able to pay all its debts by selling its assets. +1
  • The TTM is 0.564. The company is able to pay all its debts by selling its assets. +1
Trends
Current periodCompared to+/- 
MRQ0.587TTM0.564+0.024
TTM0.564YOY0.559+0.004
TTM0.5645Y0.587-0.024
5Y0.58710Y0.521+0.067
Compared to industry (Aluminum)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5870.481+0.106
TTM0.5640.482+0.082
YOY0.5590.503+0.056
5Y0.5870.527+0.060
10Y0.5210.493+0.028
1.4.2. Debt to Equity Ratio

Measures if Alcoa is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Alcoa to the Aluminum industry mean.
  • A Debt to Equity ratio of 195.5% means that company has $1.96 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Alcoa Corp:

  • The MRQ is 1.955. The company is just able to pay all its debts with equity.
  • The TTM is 1.749. The company is just able to pay all its debts with equity.
Trends
Current periodCompared to+/- 
MRQ1.955TTM1.749+0.206
TTM1.749YOY1.681+0.068
TTM1.7495Y2.024-0.275
5Y2.02410Y1.644+0.380
Compared to industry (Aluminum)
PeriodCompanyIndustry (mean)+/- 
MRQ1.9550.987+0.968
TTM1.7490.963+0.786
YOY1.6811.032+0.649
5Y2.0241.194+0.830
10Y1.6441.069+0.575

2. Market Valuation of Alcoa Corp

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Alcoa generates.

  • Above 15 is considered overpriced but always compare Alcoa to the Aluminum industry mean.
  • A PE ratio of -10.18 means the investor is paying $-10.18 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Alcoa Corp:

  • The EOD is -10.112. Based on the earnings, the company is expensive. -2
  • The MRQ is -10.175. Based on the earnings, the company is expensive. -2
  • The TTM is -10.286. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-10.112MRQ-10.175+0.063
MRQ-10.175TTM-10.286+0.111
TTM-10.286YOY1.350-11.636
TTM-10.2865Y-15.809+5.523
5Y-15.80910Y-8.560-7.249
Compared to industry (Aluminum)
PeriodCompanyIndustry (mean)+/- 
EOD-10.11210.022-20.134
MRQ-10.1758.979-19.154
TTM-10.28613.416-23.702
YOY1.35013.420-12.070
5Y-15.80917.539-33.348
10Y-8.56035.446-44.006
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Alcoa Corp:

  • The EOD is 151.682. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 152.625. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 28.949. Based on how much money comes from the company's main activities, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD151.682MRQ152.625-0.943
MRQ152.625TTM28.949+123.676
TTM28.949YOY28.119+0.830
TTM28.9495Y3.901+25.048
5Y3.90110Y14.711-10.811
Compared to industry (Aluminum)
PeriodCompanyIndustry (mean)+/- 
EOD151.682-0.967+152.649
MRQ152.625-1.038+153.663
TTM28.949-1.018+29.967
YOY28.1193.615+24.504
5Y3.9010.764+3.137
10Y14.7112.196+12.515
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Alcoa is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Aluminum industry mean).
  • A PB ratio of 1.04 means the investor is paying $1.04 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Alcoa Corp:

  • The EOD is 1.038. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.044. Based on the equity, the company is underpriced. +1
  • The TTM is 1.015. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD1.038MRQ1.044-0.006
MRQ1.044TTM1.015+0.030
TTM1.015YOY1.497-0.482
TTM1.0155Y1.030-0.015
5Y1.03010Y0.833+0.196
Compared to industry (Aluminum)
PeriodCompanyIndustry (mean)+/- 
EOD1.0381.304-0.266
MRQ1.0441.325-0.281
TTM1.0151.306-0.291
YOY1.4971.629-0.132
5Y1.0301.615-0.585
10Y0.8331.941-1.108
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Alcoa Corp.

3.1. Institutions holding Alcoa Corp

Institutions are holding 85.83% of the shares of Alcoa Corp.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-09-30BlackRock Inc11.97060.0179213641981108840.5217
2023-09-30Vanguard Group Inc10.07890.012817987945370460.2064
2023-09-30State Street Corporation4.22440.01227539379-645608-7.8877
2023-09-30Morgan Stanley - Brokerage Accounts3.32920.01765941667118532324.9209
2023-09-30Bank of New York Mellon Corp2.75180.03144911117-2624821-34.8307
2023-09-30Millennium Management LLC2.5530.06684556313139507144.1305
2023-12-31Dimensional Fund Advisors, Inc.2.41630.04284312340110442334.428
2023-09-30Theleme Partners LLP2.09315.45143735530-511000-12.0334
2023-09-30Amvescap Plc.1.8020.025232160082228847.4465
2023-09-30MENORA MIVTACHIM HOLDINGS LIMITED1.59950.75292854652414501.4734
2023-09-30Fisher Asset Management, LLC1.57670.04642814015-40353-1.4137
2023-09-30Geode Capital Management, LLC1.49480.00922667719176220.665
2023-09-30Balyasny Asset Management LLC1.27530.135227596821446541633.2257
2023-09-30Slate Path Capital LP1.23411.7841220254122025410
2023-09-30PointState Capital LP1.19031.0542124345-104814-4.702
2023-09-30Capital Research Global Investors0.89240.01281592742968042154.9611
2023-09-30Amundi0.88090.02051572165-107877-6.4211
2023-09-30JPMorgan Chase & Co0.87810.0051567099-556705-26.2126
2023-09-30D. E. Shaw & Co LP0.85430.046315247471333962699.1965
2023-12-31NORGES BANK0.75360.0081345005-1483053-52.4407
Total 53.84939.552396105495+4689671+4.9%

3.2. Funds holding Alcoa Corp

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2024-01-31Vanguard Total Stock Mkt Idx Inv3.12560.0113561223188300.1576
2024-02-29iShares Core S&P Mid-Cap ETF3.02580.18345433068-15676-0.2877
2024-01-31Vanguard Small Cap Index2.53820.10274557591125580.2763
2024-01-31Vanguard Small Cap Value Index Inv1.73670.18233118398-13008-0.4154
2024-02-29SPDR® S&P Metals and Mining ETF1.50514.51172702521-42183-1.5369
2024-01-31Vanguard Institutional Extnd Mkt Idx Tr1.46610.08152632465-8456-0.3202
2023-12-31American Funds SMALLCAP World A1.14430.0971205473700
2024-01-31SPDR® S&P MIDCAP 400 ETF Trust0.79090.21341420100-26760-1.8495
2024-01-31DFA US Targeted Value I0.65510.2714117621213138612.5749
2023-11-30BGF World Mining A20.64910.6183116551000
2024-02-29iShares S&P Mid-Cap 400 Value ETF0.58820.3945105614500
2024-01-31State St Russell Sm/Mid Cp® Indx NL Cl C0.58250.0813104585475000.7223
2024-01-31Fidelity Extended Market Index0.55830.08331002486183021.8596
2024-02-29Global X US Infrastructure Dev ETF0.52160.392693652742350.4543
2024-01-31BNY Mellon Natural Resources I0.51151.71491840220517728.7675
2024-01-31State St S&P Midcap® Indx SL Cl II0.46670.2099838030-14400-1.6893
2024-02-29Dimensional US Targeted Value ETF0.45580.23368185102950.0361
2024-01-31Multipartner Konwave Transtn Mtls C CHF0.44898.4638806090-43167-5.0829
2024-01-31Sparinvest Value Aktier KL A0.43161.45237750118839112.8734
2023-12-31GQG Partners US Select Quality Eq Instl0.42841.50787691827691820
Total 21.630420.806238839070+1082206+2.8%

3.3. Insider Transactions

Insiders are holding 0.754% of the shares of Alcoa Corp.

DateOwnerTypeAmountPricePost Transaction AmountLink
2024-03-13Tammi A JonesSELL2646830.78

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Alcoa Corp compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---1.370-1.011-26%0.736-286%-0.367-73%0.880-256%
Book Value Per Share--32.55834.379-5%36.867-12%32.813-1%41.314-21%
Current Ratio--1.4541.673-13%1.746-17%1.598-9%1.344+8%
Debt To Asset Ratio--0.5870.564+4%0.559+5%0.5870%0.521+13%
Debt To Equity Ratio--1.9551.749+12%1.681+16%2.024-3%1.644+19%
Dividend Per Share--0.1000.1000%0.098+2%0.235-57%0.282-64%
Eps---0.835-0.906+9%-0.198-76%-0.459-45%-0.413-51%
Free Cash Flow Per Share--0.056-0.613+1200%0.458-88%0.204-73%0.247-77%
Free Cash Flow To Equity Per Share---0.045-0.567+1172%-0.581+1205%-0.280+529%-0.275+517%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--31.509--------
Intrinsic Value_10Y_min--26.419--------
Intrinsic Value_1Y_max--1.089--------
Intrinsic Value_1Y_min--1.068--------
Intrinsic Value_3Y_max--4.847--------
Intrinsic Value_3Y_min--4.596--------
Intrinsic Value_5Y_max--10.507--------
Intrinsic Value_5Y_min--9.617--------
Market Cap6067298880.320-1%6105006272.0006264364891.600-3%9903006075.760-38%6260350416.085-2%5633898908.729+8%
Net Profit Margin---0.058-0.063+8%-0.033-43%-0.037-36%-0.031-47%
Operating Margin---0.027-0.012-57%0.101-127%0.080-134%0.086-132%
Operating Ratio--1.0271.003+2%0.883+16%0.915+12%0.929+11%
Pb Ratio1.038-1%1.0441.015+3%1.497-30%1.030+1%0.833+25%
Pe Ratio-10.112+1%-10.175-10.286+1%1.350-854%-15.809+55%-8.560-16%
Price Per Share33.790-1%34.00034.888-3%53.685-37%33.869+0%30.275+12%
Price To Free Cash Flow Ratio151.682-1%152.62528.949+427%28.119+443%3.901+3813%14.711+937%
Price To Total Gains Ratio-26.611+1%-26.776-9.386-65%-96.893+262%-34.056+27%-27.276+2%
Quick Ratio--0.6080.689-12%0.793-23%0.803-24%0.674-10%
Return On Assets---0.011-0.012+12%-0.004-66%-0.006-44%-0.005-54%
Return On Equity---0.035-0.037+4%-0.006-84%-0.016-54%-0.011-68%
Total Gains Per Share---1.270-0.911-28%0.834-252%-0.132-90%1.162-209%
Usd Book Value--5846000000.0006173000000.000-5%6753250000.000-13%6052950000.000-3%7703567567.568-24%
Usd Book Value Change Per Share---1.370-1.011-26%0.736-286%-0.367-73%0.880-256%
Usd Book Value Per Share--32.55834.379-5%36.867-12%32.813-1%41.314-21%
Usd Dividend Per Share--0.1000.1000%0.098+2%0.235-57%0.282-64%
Usd Eps---0.835-0.906+9%-0.198-76%-0.459-45%-0.413-51%
Usd Free Cash Flow--10000000.000-110000000.000+1200%85500000.000-88%39000000.000-74%49054054.054-80%
Usd Free Cash Flow Per Share--0.056-0.613+1200%0.458-88%0.204-73%0.247-77%
Usd Free Cash Flow To Equity Per Share---0.045-0.567+1172%-0.581+1205%-0.280+529%-0.275+517%
Usd Market Cap6067298880.320-1%6105006272.0006264364891.600-3%9903006075.760-38%6260350416.085-2%5633898908.729+8%
Usd Price Per Share33.790-1%34.00034.888-3%53.685-37%33.869+0%30.275+12%
Usd Profit---150000000.000-167750000.000+12%-37500000.000-75%-84350000.000-44%-74837837.838-50%
Usd Revenue--2595000000.0002676250000.000-3%3190500000.000-19%2779150000.000-7%3089243243.243-16%
Usd Total Gains Per Share---1.270-0.911-28%0.834-252%-0.132-90%1.162-209%
 EOD+4 -4MRQTTM+12 -21YOY+8 -275Y+6 -2910Y+8 -27

4.2. Fundamental Score

Let's check the fundamental score of Alcoa Corp based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-10.112
Price to Book Ratio (EOD)Between0-11.038
Net Profit Margin (MRQ)Greater than0-0.058
Operating Margin (MRQ)Greater than0-0.027
Quick Ratio (MRQ)Greater than10.608
Current Ratio (MRQ)Greater than11.454
Debt to Asset Ratio (MRQ)Less than10.587
Debt to Equity Ratio (MRQ)Less than11.955
Return on Equity (MRQ)Greater than0.15-0.035
Return on Assets (MRQ)Greater than0.05-0.011
Total2/10 (20.0%)

4.3. Technical Score

Let's check the technical score of Alcoa Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5068.785
Ma 20Greater thanMa 5030.328
Ma 50Greater thanMa 10028.898
Ma 100Greater thanMa 20028.656
OpenGreater thanClose33.240
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets14,158,000
Total Liabilities8,312,000
Total Stockholder Equity4,251,000
 As reported
Total Liabilities 8,312,000
Total Stockholder Equity+ 4,251,000
Total Assets = 14,158,000

Assets

Total Assets14,158,000
Total Current Assets4,405,000
Long-term Assets9,753,000
Total Current Assets
Cash And Cash Equivalents 976,000
Short-term Investments 29,000
Net Receivables 808,000
Inventory 2,158,000
Other Current Assets 434,000
Total Current Assets  (as reported)4,405,000
Total Current Assets  (calculated)4,405,000
+/-0
Long-term Assets
Property Plant Equipment 6,785,000
Goodwill 146,000
Long Term Investments 979,000
Intangible Assets 37,000
Long-term Assets Other 1,399,000
Long-term Assets  (as reported)9,753,000
Long-term Assets  (calculated)9,346,000
+/- 407,000

Liabilities & Shareholders' Equity

Total Current Liabilities3,030,000
Long-term Liabilities5,282,000
Total Stockholder Equity4,251,000
Total Current Liabilities
Short-term Debt 79,000
Short Long Term Debt 79,000
Accounts payable 1,714,000
Other Current Liabilities 1,149,000
Total Current Liabilities  (as reported)3,030,000
Total Current Liabilities  (calculated)3,021,000
+/- 9,000
Long-term Liabilities
Long term Debt 1,732,000
Capital Lease Obligations 104,000
Long-term Liabilities Other 36,000
Long-term Liabilities  (as reported)5,282,000
Long-term Liabilities  (calculated)1,872,000
+/- 3,410,000
Total Stockholder Equity
Common Stock2,000
Retained Earnings -1,293,000
Accumulated Other Comprehensive Income -3,645,000
Other Stockholders Equity 9,187,000
Total Stockholder Equity (as reported)4,251,000
Total Stockholder Equity (calculated)4,251,000
+/-0
Other
Capital Stock2,000
Cash and Short Term Investments 1,005,000
Common Stock Shares Outstanding 178,467
Current Deferred Revenue88,000
Liabilities and Stockholders Equity 14,158,000
Net Debt 835,000
Net Invested Capital 6,062,000
Net Working Capital 1,375,000
Property Plant and Equipment Gross 20,381,000
Short Long Term Debt Total 1,811,000



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-31
> Total Assets 
18,680,000
0
0
0
16,413,000
16,403,000
16,374,000
17,305,000
16,734,000
17,076,000
16,929,000
17,254,000
17,447,000
17,096,000
16,518,000
16,185,000
15,938,000
15,956,000
15,349,000
14,670,000
14,640,000
13,651,000
13,300,000
14,223,000
14,864,000
14,931,000
14,438,000
14,197,000
15,003,000
15,988,000
15,709,000
14,885,000
14,783,000
14,369,000
14,128,000
13,917,000
14,158,000
14,158,00013,917,00014,128,00014,369,00014,783,00014,885,00015,709,00015,988,00015,003,00014,197,00014,438,00014,931,00014,864,00014,223,00013,300,00013,651,00014,640,00014,670,00015,349,00015,956,00015,938,00016,185,00016,518,00017,096,00017,447,00017,254,00016,929,00017,076,00016,734,00017,305,00016,374,00016,403,00016,413,00000018,680,000
   > Total Current Assets 
2,917,000
0
0
0
2,566,000
2,481,000
2,386,000
3,622,000
3,181,000
3,404,000
3,583,000
3,804,000
4,238,000
4,149,000
4,281,000
4,193,000
4,134,000
4,114,000
3,818,000
3,643,000
3,530,000
3,333,000
3,179,000
4,026,000
4,520,000
4,891,000
4,201,000
4,285,000
5,026,000
5,598,000
5,863,000
5,350,000
5,250,000
4,946,000
4,670,000
4,365,000
4,405,000
4,405,0004,365,0004,670,0004,946,0005,250,0005,350,0005,863,0005,598,0005,026,0004,285,0004,201,0004,891,0004,520,0004,026,0003,179,0003,333,0003,530,0003,643,0003,818,0004,114,0004,134,0004,193,0004,281,0004,149,0004,238,0003,804,0003,583,0003,404,0003,181,0003,622,0002,386,0002,481,0002,566,0000002,917,000
       Cash And Cash Equivalents 
266,000
0
0
0
557,000
359,000
332,000
241,000
853,000
804,000
954,000
1,119,000
1,358,000
1,196,000
1,089,000
1,022,000
1,113,000
1,017,000
834,000
841,000
879,000
829,000
965,000
1,736,000
1,607,000
2,544,000
1,652,000
1,452,000
1,814,000
1,554,000
1,638,000
1,432,000
1,363,000
1,138,000
990,000
926,000
976,000
976,000926,000990,0001,138,0001,363,0001,432,0001,638,0001,554,0001,814,0001,452,0001,652,0002,544,0001,607,0001,736,000965,000829,000879,000841,000834,0001,017,0001,113,0001,022,0001,089,0001,196,0001,358,0001,119,000954,000804,000853,000241,000332,000359,000557,000000266,000
       Short-term Investments 
0
0
0
0
0
0
0
1,228,000
0
0
0
0
0
7,000
6,000
4,000
3,000
0
0
0
0
0
0
1,034
1,051
1,055
1,113,000
1,146,000
0
0
0
207,000
-21,000
106,000
93,000
33,000
29,000
29,00033,00093,000106,000-21,000207,0000001,146,0001,113,0001,0551,0511,0340000003,0004,0006,0007,000000001,228,0000000000
       Net Receivables 
712,000
0
0
0
504,000
591,000
607,000
692,000
834,000
882,000
995,000
1,033,000
1,043,000
1,001,000
1,195,000
1,193,000
1,003,000
942,000
887,000
824,000
660,000
665,000
507,000
611,000
556,000
677,000
744,000
861,000
884,000
1,050,000
1,022,000
868,000
909,000
852,000
806,000
796,000
808,000
808,000796,000806,000852,000909,000868,0001,022,0001,050,000884,000861,000744,000677,000556,000611,000507,000665,000660,000824,000887,000942,0001,003,0001,193,0001,195,0001,001,0001,043,0001,033,000995,000882,000834,000692,000607,000591,000504,000000712,000
       Inventory 
1,501,000
0
0
0
1,172,000
1,203,000
1,166,000
1,192,000
1,160,000
1,294,000
1,287,000
1,323,000
1,453,000
1,630,000
1,668,000
1,666,000
1,644,000
1,799,000
1,767,000
1,649,000
1,644,000
1,509,000
1,419,000
1,398,000
1,398,000
1,417,000
1,547,000
1,702,000
1,956,000
2,495,000
2,556,000
2,400,000
2,427,000
2,395,000
2,400,000
2,190,000
2,158,000
2,158,0002,190,0002,400,0002,395,0002,427,0002,400,0002,556,0002,495,0001,956,0001,702,0001,547,0001,417,0001,398,0001,398,0001,419,0001,509,0001,644,0001,649,0001,767,0001,799,0001,644,0001,666,0001,668,0001,630,0001,453,0001,323,0001,287,0001,294,0001,160,0001,192,0001,166,0001,203,0001,172,0000001,501,000
       Other Current Assets 
438,000
0
0
0
333,000
328,000
281,000
269,000
334,000
424,000
347,000
217,000
271,000
270,000
283,000
255,000
301,000
285,000
250,000
245,000
288,000
277,000
264,000
270,000
290,000
238,000
233,000
251,000
358,000
435,000
647,000
650,000
417,000
561,000
337,000
420,000
434,000
434,000420,000337,000561,000417,000650,000647,000435,000358,000251,000233,000238,000290,000270,000264,000277,000288,000245,000250,000285,000301,000255,000283,000270,000271,000217,000347,000424,000334,000269,000281,000328,000333,000000438,000
   > Long-term Assets 
0
0
0
0
13,847,000
13,922,000
13,988,000
13,683,000
13,553,000
13,672,000
13,346,000
13,450,000
13,209,000
12,947,000
12,237,000
11,992,000
11,804,000
11,842,000
11,531,000
11,027,000
11,110,000
10,318,000
10,121,000
10,197,000
10,344,000
10,040,000
10,237,000
9,912,000
9,977,000
10,390,000
9,846,000
9,535,000
9,533,000
9,423,000
9,458,000
9,552,000
9,753,000
9,753,0009,552,0009,458,0009,423,0009,533,0009,535,0009,846,00010,390,0009,977,0009,912,00010,237,00010,040,00010,344,00010,197,00010,121,00010,318,00011,110,00011,027,00011,531,00011,842,00011,804,00011,992,00012,237,00012,947,00013,209,00013,450,00013,346,00013,672,00013,553,00013,683,00013,988,00013,922,00013,847,0000000
       Property Plant Equipment 
11,326,000
0
0
0
9,390,000
9,519,000
9,569,000
9,609,000
9,325,000
9,428,000
9,237,000
9,282,000
9,138,000
9,034,000
8,556,000
8,355,000
8,327,000
8,328,000
8,273,000
7,929,000
7,916,000
7,160,000
7,289,000
7,250,000
7,190,000
6,930,000
6,976,000
6,679,000
6,623,000
6,824,000
6,457,000
6,254,000
6,493,000
6,426,000
6,445,000
6,532,000
6,785,000
6,785,0006,532,0006,445,0006,426,0006,493,0006,254,0006,457,0006,824,0006,623,0006,679,0006,976,0006,930,0007,190,0007,250,0007,289,0007,160,0007,916,0007,929,0008,273,0008,328,0008,327,0008,355,0008,556,0009,034,0009,138,0009,282,0009,237,0009,428,0009,325,0009,609,0009,569,0009,519,0009,390,00000011,326,000
       Goodwill 
160,000
0
0
0
152,000
153,000
155,000
155,000
155,000
155,000
0
0
154,000
0
0
0
151,000
0
0
0
150,000
0
0
0
145,000
0
0
0
144,000
0
145,000
144,000
145,000
145,000
146,000
146,000
146,000
146,000146,000146,000145,000145,000144,000145,0000144,000000145,000000150,000000151,000000154,00000155,000155,000155,000155,000153,000152,000000160,000
       Long Term Investments 
1,777,000
0
0
0
1,472,000
0
0
1,632,000
1,826,000
1,750,000
1,637,000
1,561,000
1,538,000
1,512,000
1,434,000
1,423,000
1,442,000
1,430,000
1,141,000
1,114,000
1,113,000
1,059,000
1,037,000
1,035,000
1,051,000
1,055,000
1,113,000
1,146,000
1,199,000
1,224,000
1,238,000
1,223,000
1,143,000
1,051,000
1,034,000
1,004,000
979,000
979,0001,004,0001,034,0001,051,0001,143,0001,223,0001,238,0001,224,0001,199,0001,146,0001,113,0001,055,0001,051,0001,035,0001,037,0001,059,0001,113,0001,114,0001,141,0001,430,0001,442,0001,423,0001,434,0001,512,0001,538,0001,561,0001,637,0001,750,0001,826,0001,632,000001,472,0000001,777,000
       Intangible Assets 
230,000
0
0
0
53,000
153,000
155,000
155,000
135,000
135,000
0
0
62,000
0
0
0
57,000
0
0
0
52,000
0
0
0
45,000
0
0
0
36,000
0
31,000
30,000
29,000
30,000
39,000
37,000
37,000
37,00037,00039,00030,00029,00030,00031,000036,00000045,00000052,00000057,00000062,00000135,000135,000155,000155,000153,00053,000000230,000
       Long-term Assets Other 
0
0
0
0
2,191,000
2,138,000
2,215,000
1,804,000
1,839,000
1,680,000
1,688,000
1,745,000
1,631,000
1,701,000
1,635,000
1,615,000
1,349,000
1,480,000
1,463,000
1,377,000
1,230,000
1,228,000
1,308,000
1,372,000
1,254,000
1,402,000
1,416,000
1,387,000
1,471,000
1,675,000
1,530,000
1,467,000
1,415,000
1,431,000
1,654,000
1,438,000
1,399,000
1,399,0001,438,0001,654,0001,431,0001,415,0001,467,0001,530,0001,675,0001,471,0001,387,0001,416,0001,402,0001,254,0001,372,0001,308,0001,228,0001,230,0001,377,0001,463,0001,480,0001,349,0001,615,0001,635,0001,701,0001,631,0001,745,0001,688,0001,680,0001,839,0001,804,0002,215,0002,138,0002,191,0000000
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
753,000
741,000
814,000
784,000
862,000
814,000
700,000
612,000
599,000
560,000
604,000
599,000
560,000
642,000
425,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000425,000642,000560,000599,000604,000560,000599,000612,000700,000814,000862,000784,000814,000741,000753,0000000000
> Total Liabilities 
5,607,000
0
0
0
4,900,000
4,583,000
5,421,000
8,179,000
9,044,000
8,913,000
8,730,000
9,136,000
10,652,000
9,579,000
9,410,000
8,900,000
8,544,000
8,873,000
8,490,000
8,260,000
8,784,000
7,840,000
7,976,000
9,204,000
9,873,000
10,058,000
9,020,000
8,736,000
8,754,000
9,731,000
8,417,000
7,993,000
8,211,000
8,073,000
7,670,000
7,825,000
8,312,000
8,312,0007,825,0007,670,0008,073,0008,211,0007,993,0008,417,0009,731,0008,754,0008,736,0009,020,00010,058,0009,873,0009,204,0007,976,0007,840,0008,784,0008,260,0008,490,0008,873,0008,544,0008,900,0009,410,0009,579,00010,652,0009,136,0008,730,0008,913,0009,044,0008,179,0005,421,0004,583,0004,900,0000005,607,000
   > Total Current Liabilities 
2,735,000
0
0
0
2,404,000
2,194,000
3,039,000
2,206,000
2,842,000
2,623,000
2,608,000
2,766,000
3,252,000
2,976,000
3,013,000
3,004,000
2,919,000
2,803,000
2,531,000
2,455,000
2,563,000
2,223,000
2,241,000
2,276,000
2,761,000
3,221,000
2,671,000
2,929,000
3,223,000
3,466,000
3,236,000
2,954,000
3,004,000
2,785,000
2,596,000
2,624,000
3,030,000
3,030,0002,624,0002,596,0002,785,0003,004,0002,954,0003,236,0003,466,0003,223,0002,929,0002,671,0003,221,0002,761,0002,276,0002,241,0002,223,0002,563,0002,455,0002,531,0002,803,0002,919,0003,004,0003,013,0002,976,0003,252,0002,766,0002,608,0002,623,0002,842,0002,206,0003,039,0002,194,0002,404,0000002,735,000
       Short-term Debt 
29,000
0
0
0
18,000
20,000
22,000
21,000
21,000
20,000
19,000
17,000
16,000
15,000
13,000
4,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
2,000
2,000
745,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
79,000
79,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,000745,0002,0002,0001,0001,0001,0001,0001,0001,0001,0004,00013,00015,00016,00017,00019,00020,00021,00021,00022,00020,00018,00000029,000
       Short Long Term Debt 
29,000
0
0
0
18,000
0
0
0
21,000
1,451,000
1,437,000
1,401,000
16,000
15,000
13,000
4,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
2,000
2,000
745,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
79,000
79,0001,0001,0001,0001,0001,0001,0001,0001,0001,0001,000745,0002,0002,0001,0001,0001,0001,0001,0001,0001,0004,00013,00015,00016,0001,401,0001,437,0001,451,00021,00000018,00000029,000
       Accounts payable 
1,740,000
0
0
0
1,379,000
1,261,000
1,277,000
1,252,000
1,472,000
1,434,000
1,508,000
1,618,000
1,898,000
1,813,000
1,752,000
1,711,000
1,663,000
1,503,000
1,523,000
1,418,000
1,484,000
1,276,000
1,253,000
1,360,000
1,403,000
1,284,000
1,392,000
1,482,000
1,674,000
1,645,000
1,752,000
1,590,000
1,757,000
1,489,000
1,491,000
1,472,000
1,714,000
1,714,0001,472,0001,491,0001,489,0001,757,0001,590,0001,752,0001,645,0001,674,0001,482,0001,392,0001,284,0001,403,0001,360,0001,253,0001,276,0001,484,0001,418,0001,523,0001,503,0001,663,0001,711,0001,752,0001,813,0001,898,0001,618,0001,508,0001,434,0001,472,0001,252,0001,277,0001,261,0001,379,0000001,740,000
       Other Current Liabilities 
825,000
0
0
0
558,000
478,000
477,000
390,000
746,000
568,000
492,000
515,000
597,000
407,000
504,000
452,000
429,000
521,000
498,000
551,000
561,000
515,000
498,000
476,000
870,000
735,000
774,000
850,000
791,000
1,820,000
1,038,000
946,000
1,246,000
955,000
1,037,000
1,041,000
1,149,000
1,149,0001,041,0001,037,000955,0001,246,000946,0001,038,0001,820,000791,000850,000774,000735,000870,000476,000498,000515,000561,000551,000498,000521,000429,000452,000504,000407,000597,000515,000492,000568,000746,000390,000477,000478,000558,000000825,000
   > Long-term Liabilities 
0
0
0
0
2,496,000
2,389,000
2,382,000
5,973,000
6,202,000
6,290,000
6,122,000
6,370,000
7,400,000
6,603,000
6,397,000
5,896,000
5,625,000
6,070,000
5,959,000
5,805,000
6,221,000
5,617,000
5,735,000
6,928,000
7,112,000
6,837,000
6,349,000
5,807,000
5,531,000
6,265,000
5,181,000
5,039,000
5,207,000
5,288,000
5,074,000
5,201,000
5,282,000
5,282,0005,201,0005,074,0005,288,0005,207,0005,039,0005,181,0006,265,0005,531,0005,807,0006,349,0006,837,0007,112,0006,928,0005,735,0005,617,0006,221,0005,805,0005,959,0006,070,0005,625,0005,896,0006,397,0006,603,0007,400,0006,370,0006,122,0006,290,0006,202,0005,973,0002,382,0002,389,0002,496,0000000
       Long term Debt Total 
0
0
0
0
0
0
0
1,457,000
1,424,000
1,431,000
1,418,000
1,384,000
1,388,000
1,445,000
1,916,000
1,820,000
1,801,000
1,802,000
1,804,000
1,805,000
1,799,000
1,801,000
1,800,000
2,538,000
2,463,000
2,214,000
2,216,000
1,724,000
1,726,000
1,727,000
1,725,000
1,725,000
1,806,000
1,806,000
1,808,000
1,809,000
0
01,809,0001,808,0001,806,0001,806,0001,725,0001,725,0001,727,0001,726,0001,724,0002,216,0002,214,0002,463,0002,538,0001,800,0001,801,0001,799,0001,805,0001,804,0001,802,0001,801,0001,820,0001,916,0001,445,0001,388,0001,384,0001,418,0001,431,0001,424,0001,457,0000000000
       Capital Lease Obligations 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
100,000
0
0
0
82,000
0
0
0
64,000
0
0
0
59,000
0
0
0
104,000
104,00000059,00000064,00000082,000000100,00000000000000000000000
       Deferred Long Term Asset Charges 
0
0
0
0
0
0
0
753,000
741,000
814,000
784,000
862,000
814,000
700,000
612,000
599,000
560,000
604,000
599,000
560,000
642,000
425,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000425,000642,000560,000599,000604,000560,000599,000612,000700,000814,000862,000784,000814,000741,000753,0000000000
       Long-term Liabilities Other 
0
0
0
0
0
0
0
3,902,000
4,195,000
4,217,000
4,088,000
3,994,000
4,625,000
4,443,000
3,658,000
3,209,000
3,341,000
3,324,000
340,000
338,000
58,000
332,000
332,000
3,422,000
3,363,000
558,000
550,000
524,000
599,000
601,000
502,000
442,000
486,000
527,000
514,000
538,000
36,000
36,000538,000514,000527,000486,000442,000502,000601,000599,000524,000550,000558,0003,363,0003,422,000332,000332,00058,000338,000340,0003,324,0003,341,0003,209,0003,658,0004,443,0004,625,0003,994,0004,088,0004,217,0004,195,0003,902,0000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
614,000
604,000
642,000
616,000
992,000
1,384,000
715,000
823,000
867,000
483,000
944,000
846,000
763,000
951,000
496,000
535,000
968,000
1,257,000
1,481,000
1,753,000
1,802,000
1,647,000
2,396,000
1,369,000
1,254,000
1,512,000
1,643,000
0
0
0
0001,643,0001,512,0001,254,0001,369,0002,396,0001,647,0001,802,0001,753,0001,481,0001,257,000968,000535,000496,000951,000763,000846,000944,000483,000867,000823,000715,0001,384,000992,000616,000642,000604,000614,0000000000
> Total Stockholder Equity
10,599,000
0
0
0
9,442,000
9,698,000
8,773,000
6,980,000
5,648,000
5,876,000
5,954,000
5,862,000
4,520,000
5,368,000
5,024,000
5,216,000
5,389,000
5,157,000
4,895,000
4,539,000
4,082,000
4,275,000
3,705,000
3,395,000
3,287,000
3,248,000
3,769,000
3,878,000
4,638,000
4,579,000
5,666,000
5,371,000
5,058,000
4,690,000
4,842,000
4,509,000
4,251,000
4,251,0004,509,0004,842,0004,690,0005,058,0005,371,0005,666,0004,579,0004,638,0003,878,0003,769,0003,248,0003,287,0003,395,0003,705,0004,275,0004,082,0004,539,0004,895,0005,157,0005,389,0005,216,0005,024,0005,368,0004,520,0005,862,0005,954,0005,876,0005,648,0006,980,0008,773,0009,698,0009,442,00000010,599,000
   Common Stock
11,915,000
0
0
0
11,042,000
11,155,000
10,229,000
0
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,0002,000010,229,00011,155,00011,042,00000011,915,000
   Retained Earnings Total Equity
0
0
0
0
0
0
0
0
-104,000
121,000
196,000
309,000
113,000
263,000
339,000
298,000
341,000
371,000
-31,000
-252,000
-555,000
-476,000
-672,000
-721,000
-725,000
-550,000
-241,000
96,000
-315,000
114,000
606,000
-158,000
-570,000
-819,000
0
0
0
000-819,000-570,000-158,000606,000114,000-315,00096,000-241,000-550,000-725,000-721,000-672,000-476,000-555,000-252,000-31,000371,000341,000298,000339,000263,000113,000309,000196,000121,000-104,00000000000
   Accumulated Other Comprehensive Income -3,645,000-3,547,000-3,394,000-3,655,000-3,578,000-3,644,000-4,255,000-5,074,000-4,626,000-5,928,000-5,687,000-5,878,000-5,653,000-5,547,000-5,280,000-4,898,000-5,004,000-4,849,000-4,705,000-4,834,000-4,565,000-4,740,000-4,967,000-4,530,000-5,185,000-4,033,000-3,803,000-3,800,000-3,761,000-4,478,000-1,456,000-1,457,000-1,600,0000000
   Capital Surplus 
0
0
0
0
0
0
0
0
9,531,000
9,553,000
9,559,000
9,584,000
9,590,000
9,633,000
9,650,000
9,656,000
9,611,000
9,618,000
9,629,000
9,638,000
9,639,000
9,647,000
9,655,000
9,661,000
9,663,000
9,674,000
9,695,000
9,708,000
9,577,000
9,537,000
9,313,000
9,171,000
9,183,000
9,162,000
9,173,000
9,179,000
0
09,179,0009,173,0009,162,0009,183,0009,171,0009,313,0009,537,0009,577,0009,708,0009,695,0009,674,0009,663,0009,661,0009,655,0009,647,0009,639,0009,638,0009,629,0009,618,0009,611,0009,656,0009,650,0009,633,0009,590,0009,584,0009,559,0009,553,0009,531,00000000000
   Treasury Stock0000000000000000000000000000000000000
   Other Stockholders Equity 
-1,316,000
0
0
0
-1,600,000
0
0
11,458,000
9,511,000
9,553,000
9,559,000
9,584,000
9,590,000
9,633,000
9,650,000
9,656,000
9,611,000
9,618,000
9,629,000
9,638,000
9,639,000
9,647,000
9,655,000
9,661,000
9,663,000
9,674,000
9,695,000
9,708,000
9,577,000
9,537,000
9,313,000
9,171,000
9,183,000
9,162,000
9,173,000
9,179,000
9,187,000
9,187,0009,179,0009,173,0009,162,0009,183,0009,171,0009,313,0009,537,0009,577,0009,708,0009,695,0009,674,0009,663,0009,661,0009,655,0009,647,0009,639,0009,638,0009,629,0009,618,0009,611,0009,656,0009,650,0009,633,0009,590,0009,584,0009,559,0009,553,0009,511,00011,458,00000-1,600,000000-1,316,000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue10,551,000
Cost of Revenue-10,445,000
Gross Profit106,000106,000
 
Operating Income (+$)
Gross Profit106,000
Operating Expense-265,000
Operating Income-355,000-159,000
 
Operating Expense (+$)
Research Development39,000
Selling General Administrative226,000
Selling And Marketing Expenses0
Operating Expense265,000265,000
 
Net Interest Income (+$)
Interest Income0
Interest Expense-107,000
Other Finance Cost-0
Net Interest Income-107,000
 
Pretax Income (+$)
Operating Income-355,000
Net Interest Income-107,000
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-584,000-126,000
EBIT - interestExpense = -462,000
-462,000
-544,000
Interest Expense107,000
Earnings Before Interest and Taxes (EBIT)-355,000-477,000
Earnings Before Interest and Taxes (EBITDA)277,000
 
After tax Income (+$)
Income Before Tax-584,000
Tax Provision-189,000
Net Income From Continuing Ops-773,000-773,000
Net Income-651,000
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses11,135,000
Total Other Income/Expenses Net-229,000107,000
 

Technical Analysis of Alcoa
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Alcoa. The general trend of Alcoa is BULLISH with 57.1% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Alcoa's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (57.1%) Bearish trend (-57.1%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Alcoa Corp.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 34.68 < 36.19 < 36.77.

The bearish price targets are: 29.64 > 28.72 > 27.86.

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Alcoa Corp Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Alcoa Corp. The current mas is .

The long score for the Moving Averages is 11/14.
The longshort score for the Moving Averages is 8/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Alcoa Corp Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Alcoa Corp. The current macd is 1.20466473.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Alcoa price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Alcoa. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Alcoa price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Alcoa Corp Daily Moving Average Convergence/Divergence (MACD) ChartAlcoa Corp Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Alcoa Corp. The current adx is 20.13.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Alcoa shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Alcoa Corp Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Alcoa Corp. The current sar is 31.23.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Alcoa Corp Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Alcoa Corp. The current rsi is 68.78. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Alcoa Corp Daily Relative Strength Index (RSI) ChartAlcoa Corp Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Alcoa Corp. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 5/6.
The longshort score for the Stochastic Oscillator is 4/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Alcoa price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Alcoa Corp Daily Stochastic Oscillator ChartAlcoa Corp Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Alcoa Corp. The current cci is 170.83.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Alcoa Corp Daily Commodity Channel Index (CCI) ChartAlcoa Corp Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Alcoa Corp. The current cmo is 49.75.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Alcoa Corp Daily Chande Momentum Oscillator (CMO) ChartAlcoa Corp Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Alcoa Corp. The current willr is -3.33651096.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Alcoa Corp Daily Williams %R ChartAlcoa Corp Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Alcoa Corp.

Alcoa Corp Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Alcoa Corp. The current atr is 1.27789595.

Alcoa Corp Daily Average True Range (ATR) ChartAlcoa Corp Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Alcoa Corp. The current obv is -80,307,517.

Alcoa Corp Daily On-Balance Volume (OBV) ChartAlcoa Corp Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Alcoa Corp. The current mfi is 67.17.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Alcoa Corp Daily Money Flow Index (MFI) ChartAlcoa Corp Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Alcoa Corp.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-07STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-14DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-16STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2023-11-29DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-30CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-01BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-06MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-12-07STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-12BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-22BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-03ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-11CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-24CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-02MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-21STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-22MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-23MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-26CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-07BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-14STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Alcoa Corp Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Alcoa Corp based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5068.785
Ma 20Greater thanMa 5030.328
Ma 50Greater thanMa 10028.898
Ma 100Greater thanMa 20028.656
OpenGreater thanClose33.240
Total3/5 (60.0%)
Penke

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