Alcoa Corp Maximum Drawdown
| AA Stock | | | USD 63.06 0.60 0.96% |
Maximum Drawdown (or MDD) is another indicator of risk. It is the reduction in asset value after a series of losing trades. This is normally calculated by getting the difference between a relative peaks in equity capital minus a relative trough. Below is Alcoa Corp's current Maximum Drawdown with peer comparisons and related risk metrics.
Current Maximum Drawdown Value
Alcoa Corp has a Maximum Drawdown of 16.92, indicating a moderate peak-to-trough loss. This places Alcoa Corp's drawdown exposure within the typical range for Metals & Mining.
Maximum Drawdown | = | MAX(HIGH - LOW) |
| = | 16.92 | |
| MAX | = | Maximum notation for the range of returns on Alcoa Corp |
Maximum Drawdown Peers Comparison
Relative to peers, Alcoa Corp's Maximum Drawdown is below the group average of 19.95. Peer readings range from 17.35 (Westlake Chemical) to 22.66 (Coeur Mining), reflecting tight clustering across the sector. Alcoa Corp's shallower drawdown relative to peers indicates more contained historical downside.
Maximum Drawdown Relative To Other Indicators
The chart below plots Maximum Drawdown against Maximum Drawdown for Alcoa Corp and its peers. Each point represents one equity — position along the horizontal axis shows Maximum Drawdown while the vertical axis shows Maximum Drawdown. Equities that cluster in different quadrants carry distinct risk-return profiles. Use the dropdowns to swap in other indicators for either axis.
Alcoa Corp's Maximum Drawdown of
16.92 runs about
1.00 times its Maximum Drawdown of
16.92 . The two measures are closely aligned in magnitude for Alcoa Corp.
Methodology, Assumptions & Data Sources
Alcoa Corp's Maximum Drawdown currently stands at 16.92. Alcoa Corp's Maximum Drawdown is computed from historical closing prices over the selected time horizon, applying the indicator's defined mathematical transformation to raw price data. Price data is sourced from standardized end-of-day feeds across supported exchanges, normalized for corporate actions. Alcoa Corp operates in the basic materials sector, which may exhibit distinct volatility and momentum characteristics relative to the broader market. Results are based on historical returns and do not predict future performance. This indicator is provided for informational purposes.
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