AA
StockAlcoa Corporation
One email when a drop — in price or in valuation — is historically rare for AA. Otherwise we stay quiet.
This is the kind of decline worth waking up for.
Alcoa Corporation is 47.8% off its high — among the deepest declines in its recorded history.
But down is not the same as cheap: Alcoa Corporation's P/S Severity Score is 0.0 — its valuation sits in or above its typical range.
Very Large
Current Drawdown
-47.8%
Days in Drawdown
6937
Avg Max Drawdown
7.4%
Avg Length
79
Drawdown Severity Score™
8.3
AA - Price & High Water Mark
AA - Drawdown Timeline
How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.
Valuation vs Its Own History
Data as of July 12, 2026 · updated daily
Where today's valuation sits within AA's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.
Price to Sales
Alcoa Corporation has been cheaper on this measure only about 93% of the time in 11 years of daily history.
Price to Sales history
EV to EBITDA
Alcoa Corporation has been cheaper on this measure only about 94% of the time in 11 years of daily history.
EV to EBITDA history · log scale
Alcoa Corporation (AA) Analysis: Current Drawdown Insights
Alcoa Corporation is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-14, the stock is trading at $49.04, which represents a 47.8% decline from its all-time high of $94.04. This drawdown has persisted for 6937 days.
Based on its full tracked price history, Alcoa Corporation typically experiences drawdowns averaging 7.4% in depth, with an average duration of 79 days. Alcoa Corporation has gone through 97 total drawdown events in its tracked history. The largest drawdown on record for Alcoa Corporation was 59.3%, beginning in 2001. The longest drawdown duration on record was 2193 days.
The Drawdown Severity Score™ for Alcoa Corporation currently stands at 8.32. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 8.0 and 12.0 indicates an extremely rare, severe drawdown: the asset almost never experiences declines of this magnitude in its tracked history.
Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Alcoa Corporation's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.
📜 Historical Drawdown Events
Current drawdown shown in blue. Showing the most recent and the deepest of 97 tracked pullbacks (59 listed).
| Start Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2007-07-17 | Ongoing | 6937 days | -47.8% | $94.04 | $49.04 | n/a |
| 2007-07-10 | 2007-07-11 | 2 days | -1.7% | $84.13 | $82.74 | $84.26 |
| 2007-06-19 | 2007-07-09 | 21 days | -7.6% | $83.17 | $76.86 | $84.13 |
| 2007-06-04 | 2007-06-15 | 12 days | -6.1% | $82.34 | $77.31 | $82.62 |
| 2007-05-29 | 2007-05-30 | 2 days | -1.3% | $81.23 | $80.17 | $81.90 |
| 2007-05-24 | 2007-05-25 | 2 days | -0.4% | $80.17 | $79.86 | $81.23 |
| 2001-05-22 | 2007-05-23 | 2193 days | -59.3% | $79.17 | $32.20 | $80.17 |
| 2000-01-06 | 2001-05-15 | 495 days | -44.7% | $73.30 | $40.52 | $73.30 |
| 2000-01-03 | 2000-01-05 | 3 days | -2.5% | $70.74 | $68.98 | $73.30 |
| 1999-12-30 | 1999-12-31 | 2 days | -1.5% | $69.68 | $68.66 | $70.74 |
| 1999-12-27 | 1999-12-28 | 2 days | -1.3% | $67.44 | $66.53 | $68.61 |
| 1999-12-16 | 1999-12-23 | 8 days | -3.7% | $67.33 | $64.83 | $67.44 |
| 1999-12-13 | 1999-12-15 | 3 days | -1.6% | $64.67 | $63.66 | $67.33 |
| 1999-12-08 | 1999-12-09 | 2 days | -1.4% | $62.06 | $61.17 | $62.54 |
| 1999-08-12 | 1999-12-02 | 113 days | -16.4% | $58.93 | $49.27 | $59.18 |
| 1999-06-21 | 1999-08-11 | 52 days | -13.2% | $57.21 | $49.64 | $58.93 |
| 1999-05-12 | 1999-06-17 | 37 days | -15.5% | $55.09 | $46.57 | $57.05 |
| 1999-04-30 | 1999-05-10 | 11 days | -6.6% | $54.59 | $50.96 | $55.09 |
| 1999-04-20 | 1999-04-27 | 8 days | -3.8% | $46.15 | $44.41 | $46.73 |
| 1999-04-16 | 1999-04-19 | 4 days | -2.1% | $45.42 | $44.47 | $46.15 |
| 1999-02-08 | 1999-04-12 | 63 days | -16.5% | $37.77 | $31.54 | $38.03 |
| 1999-01-12 | 1999-02-05 | 25 days | -7.9% | $37.03 | $34.12 | $37.77 |
| 1997-08-08 | 1999-01-11 | 522 days | -32.1% | $36.58 | $24.83 | $37.03 |
| 1997-08-01 | 1997-08-07 | 7 days | -1.4% | $36.38 | $35.86 | $36.58 |
| 1997-07-29 | 1997-07-30 | 2 days | -0.3% | $35.48 | $35.38 | $36.15 |
| 1997-07-24 | 1997-07-28 | 5 days | -1.2% | $34.94 | $34.53 | $35.48 |
| 1997-07-18 | 1997-07-22 | 5 days | -1.9% | $33.89 | $33.24 | $34.22 |
| 1997-07-09 | 1997-07-16 | 8 days | -3.4% | $32.81 | $31.70 | $33.27 |
| 1997-07-03 | 1997-07-07 | 5 days | -1.6% | $32.16 | $31.65 | $32.16 |
| 1997-06-13 | 1997-07-02 | 20 days | -4.5% | $31.96 | $30.52 | $32.16 |
| 1997-03-12 | 1997-06-11 | 91 days | -13.5% | $31.13 | $26.93 | $31.50 |
| 1997-01-20 | 1997-03-10 | 50 days | -8.7% | $29.80 | $27.20 | $30.67 |
| 1997-01-13 | 1997-01-16 | 4 days | -0.7% | $29.09 | $28.88 | $29.24 |
| 1997-01-06 | 1997-01-09 | 4 days | -0.9% | $27.76 | $27.50 | $28.42 |
| 1996-05-14 | 1997-01-03 | 235 days | -16.2% | $26.79 | $22.44 | $27.76 |
| 1996-05-07 | 1996-05-13 | 7 days | -2.1% | $26.69 | $26.13 | $26.79 |
| 1996-04-11 | 1996-05-06 | 26 days | -5.6% | $26.34 | $24.87 | $26.69 |
| 1996-03-29 | 1996-04-09 | 11 days | -6.2% | $25.94 | $24.33 | $25.94 |
| 1996-03-19 | 1996-03-28 | 10 days | -2.8% | $25.64 | $24.93 | $25.94 |
| 1996-03-14 | 1996-03-18 | 5 days | -1.0% | $24.83 | $24.58 | $25.64 |
| 1996-03-12 | 1996-03-13 | 2 days | -0.2% | $24.78 | $24.73 | $24.83 |
| 1995-09-13 | 1996-03-11 | 181 days | -19.0% | $23.87 | $19.33 | $24.78 |
| 1995-08-23 | 1995-09-11 | 20 days | -4.8% | $23.87 | $22.72 | $23.87 |
| 1995-08-18 | 1995-08-22 | 5 days | -1.3% | $23.52 | $23.22 | $23.87 |
| 1995-08-08 | 1995-08-16 | 9 days | -3.3% | $23.02 | $22.27 | $23.27 |
| 1995-07-17 | 1995-08-07 | 22 days | -5.5% | $22.78 | $21.54 | $23.02 |
| 1995-07-10 | 1995-07-13 | 4 days | -4.0% | $22.28 | $21.39 | $22.58 |
| 1995-05-24 | 1995-06-30 | 38 days | -9.0% | $19.35 | $17.61 | $19.95 |
| 1995-05-16 | 1995-05-22 | 7 days | -3.7% | $18.90 | $18.21 | $19.05 |
| 1995-05-04 | 1995-05-12 | 9 days | -8.8% | $18.16 | $16.56 | $18.55 |
| 1995-04-25 | 1995-05-03 | 9 days | -4.7% | $18.07 | $17.22 | $18.16 |
| 1994-10-21 | 1995-04-13 | 175 days | -16.6% | $17.68 | $14.75 | $17.72 |
| 1994-02-10 | 1994-07-15 | 155 days | -19.3% | $15.60 | $12.60 | $15.67 |
| 1992-06-04 | 1994-01-31 | 607 days | -23.1% | $14.88 | $11.44 | $15.33 |
| 1992-03-04 | 1992-04-13 | 40 days | -9.7% | $13.67 | $12.35 | $13.67 |
| 1989-10-09 | 1992-03-03 | 877 days | -32.7% | $13.42 | $9.03 | $13.67 |
| 1989-02-02 | 1989-05-15 | 102 days | -11.0% | $10.80 | $9.61 | $11.27 |
| 1987-10-06 | 1989-01-20 | 473 days | -46.7% | $10.04 | $5.36 | $10.05 |
| 1987-08-04 | 1987-10-05 | 63 days | -15.0% | $10.00 | $8.51 | $10.04 |
| 1986-03-17 | 1987-02-17 | 338 days | -26.4% | $6.90 | $5.08 | $7.01 |
How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).
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Or explore current drawdowns:
Alcoa Corporation (AA) is trading at $49.04 as of Jul 14, 2026. It is 47.8% below its high of $94.04. The drawdown has lasted 6,937 days. Severity score: 8.3 (Very Large).
AA Price History and Drawdown Data
Latest price
$49.04
High-water mark
$94.04
Current drawdown
-47.8%
Days in drawdown
6,937
This AA page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Alcoa Corporation drawdowns.
What History Says About AA
Alcoa Corporation has dropped 20%+ from its high 7 times in its tracked history. These events lasted an average of 786 days with an average max drop of -37.9%.
The current drawdown of -47.8% has lasted 6,937 days, which is 8.8x the average duration of comparable events.
| Period | Max Drop | Duration |
|---|---|---|
| May 2001 to May 2007 | -59.3% | 2193 days |
| Oct 1987 to Jan 1989 | -46.7% | 473 days |
| Jan 2000 to May 2001 | -44.7% | 495 days |
| Oct 1989 to Mar 1992 | -32.7% | 877 days |
| Aug 1997 to Jan 1999 | -32.1% | 522 days |
| Mar 1986 to Feb 1987 | -26.4% | 338 days |
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