Alphabet Class C Stock Alpha and Beta Analysis

GOOG Stock  USD 148.48  6.31  4.44%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Alphabet Class C. It also helps investors analyze the systematic and unsystematic risks associated with investing in Alphabet over a specified time horizon. Remember, high Alphabet's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Alphabet's market risk premium analysis include:
Beta
0.6
Alpha
0.005463
Risk
1.73
Sharpe Ratio
0.0764
Expected Return
0.13
Please note that although Alphabet alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Alphabet did 0.01  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Alphabet Class C stock's relative risk over its benchmark. Alphabet Class C has a beta of 0.60  . As returns on the market increase, Alphabet returns are expected to increase less than the market. However, during the bear market, the loss on holding Alphabet will be expected to be smaller as well. The current Price Book Value Ratio is estimated to decrease to 6.01. The current Enterprise Value Multiple is estimated to decrease to 15.90.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out Alphabet Backtesting, Alphabet Valuation, Alphabet Correlation, Alphabet Hype Analysis, Alphabet Volatility, Alphabet History and analyze Alphabet Performance.

Alphabet Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Alphabet market risk premium is the additional return an investor will receive from holding Alphabet long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Alphabet. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Alphabet's performance over market.
α0.01   β0.60

Alphabet expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Alphabet's Buy-and-hold return. Our buy-and-hold chart shows how Alphabet performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Alphabet Market Price Analysis

Market price analysis indicators help investors to evaluate how Alphabet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alphabet shares will generate the highest return on investment. By understating and applying Alphabet stock market price indicators, traders can identify Alphabet position entry and exit signals to maximize returns.

Alphabet Return and Market Media

The median price of Alphabet for the period between Tue, Dec 19, 2023 and Mon, Mar 18, 2024 is 142.2 with a coefficient of variation of 3.73. The daily time series for the period is distributed with a sample standard deviation of 5.3, arithmetic mean of 142.22, and mean deviation of 4.13. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
News needs a reset to win Gen Z
02/20/2024
2
Supreme Court Seems Unsure How To Proceed In Blockbuster Social Media Censorship Cases
02/26/2024
3
Disposition of 100 shares by Arnold Frances of Alphabet at 138.22 subject to Rule 16b-3
02/29/2024
4
WTO e-commerce tariff moratorium wins temporary reprieve
03/01/2024
5
Disposition of 682 shares by Otoole Amie Thuener of Alphabet at 136.49 subject to Rule 16b-3
03/04/2024
6
State of the Union Address free live stream How to watch online
03/07/2024
7
Senate Hits Brakes On Possible TikTok Ban
03/12/2024
8
Google Boosts Chrome Security Safe Browsing Now with Real-Time Protection
03/14/2024

About Alphabet Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Alphabet or other stocks. Alpha measures the amount that position in Alphabet Class C has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2021 2022 2023 2024 (projected)
Price Book Value Ratio7.794.566.336.01
Operating Cycle60.959.6856.9548.25

Alphabet Investors Sentiment

The influence of Alphabet's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Alphabet. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Alphabet's public news can be used to forecast risks associated with an investment in Alphabet. The trend in average sentiment can be used to explain how an investor holding Alphabet can time the market purely based on public headlines and social activities around Alphabet Class C. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Alphabet's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Alphabet's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Alphabet's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Alphabet.

Alphabet Implied Volatility

    
  28.39  
Alphabet's implied volatility exposes the market's sentiment of Alphabet Class C stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Alphabet's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Alphabet stock will not fluctuate a lot when Alphabet's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Alphabet in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Alphabet's short interest history, or implied volatility extrapolated from Alphabet options trading.

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When determining whether Alphabet Class C is a strong investment it is important to analyze Alphabet's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alphabet's future performance. For an informed investment choice regarding Alphabet Stock, refer to the following important reports:

Complementary Tools for Alphabet Stock analysis

When running Alphabet's price analysis, check to measure Alphabet'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 Alphabet is operating at the current time. Most of Alphabet's value examination focuses on studying past and present price action to predict the probability of Alphabet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alphabet's price. Additionally, you may evaluate how the addition of Alphabet to your portfolios can decrease your overall portfolio volatility.
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Alphabet 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.
A focus of Alphabet technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alphabet trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...