Alcoa (AA) 12-1 Month Momentum %

: -26.38% (As of Today)

View and export this data going back to 2016. Start your Free Trial

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-19), Alcoa's 12-1 Month Momentum % is -26.38%.

The industry rank for Alcoa's 12-1 Month Momentum % or its related term are showing as below:

AA's 12-1 Month Momentum % is ranked better than
58.29% of 2599 companies
in the Metals & Mining industry
Industry Median: -33.33 vs AA: -26.38

Competitive Comparison

For the Aluminum subindustry, Alcoa's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Alcoa 12-1 Month Momentum % Distribution

For the Metals & Mining industry and Basic Materials sector, Alcoa's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Alcoa's 12-1 Month Momentum % falls into.

Alcoa (NYSE:AA) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %

( Price 1-month ago

Price 12-month ago

- 1 )

100 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Alcoa (NYSE:AA) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Alcoa 12-1 Month Momentum % Related Terms

Thank you for viewing the detailed overview of Alcoa's 12-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.

Alcoa (AA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alcoa Corp (NYSE:AA) » Definitions » 12-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

AA1:Mexico 1AA:Italy 185:Germany 185:Germany 185:Germany ALCA:Austria

Address

201 Isabella Street, Suite 500, Pittsburgh, PA, USA, 15212-5858

Website

https://www.alcoa.com

Alcoa Corp is a vertically integrated aluminum company whose operations include bauxite mining, alumina refining, and the manufacture of primary aluminum. It is the world's largest bauxite miner and alumina refiner by production volume, and its profits are closely tied to prevailing commodity prices along the aluminum supply chain. The company segments include Bauxite; Alumina and Aluminum. It generates maximum revenue from the Aluminum segment. Geographically, it derives a majority of its revenue from the United States.

Executives

Renee Henry	officer: SVP & Controller	201 ISABELLA STREET, STE 500, PITTSBURGH PA 15212
Nicol Gagstetter	officer: EVP & Chief Ext. Aff. Officer	201 ISABELLA STREET, SUITE 500, PITTSBURGH PA 15212
Andrew Hastings	officer: EVP & Gen. Counsel	201 ISABELLA STREET, SUITE 500, PITTSBURGH PA 15212
De Oliveira Marques Roberto	director	C/O MONDELEZ INTERNATIONAL, INC., THREE PARKWAY NORTH, DEERFIELD IL 60048
Roy Christopher Harvey	director, officer: President, CEO & Director	201 ISABELLA STREET, SUITE 500, PITTSBURGH PA 15212
Renato Bacchi	officer: EVP & Chief Strategy Officer	201 ISABELLA STREET, SUITE 500, PITTSBURGH PA 15212
Harden Sonya Elam	officer: EVP & Chief Ext. Aff. Officer	201 ISABELLA STREET, SUITE 500, PITTSBURGH PA 15212
William F Oplinger	officer: Executive VP & CFO	201 ISABELLA STREET, SUITE 500, PITTSBURGH PA 15212
Jeffrey D. Heeter	officer: EVP, Gen. Counsel & Secretary	C/O ALCOA CORPORATION, 201 ISABELLA STREET, SUITE 500, PITTSBURGH PA 15212
Tammi A Jones	officer: EVP & CHRO	201 ISABELLA STREET, SUITE 500, PITTSBURGH PA 15212
Jackson Prince Roberts	director	201 ISABELLA STREET, SUITE 500, PITTSBURGH PA 15212
John D Slaven	officer: EVP & Chief Strategy Officer	201 ISABELLA STREET, SUITE 500, PITTSBURGH PA 15212-5858
Kelly R. Thomas	officer: EVP & Chief Commercial Officer	25825 SCIENCE PARK DRIVE, SUITE 400, BEACHWOOD OH 44122
Molly S. Beerman	officer: Vice President and Controller	201 ISABELLA STREET, SUITE 500, PITTSBURGH PA 15212
Benjamin D Kahrs	officer: EVP, Chief Innovation Officer	201 ISABELLA STREET, SUITE 500, PITTSBURGH PA 15212