Alphabet Class C Stock Market Value

GOOG Stock  USD 148.48  6.31  4.44%   
Alphabet's market value is the price at which a share of Alphabet stock trades on a public exchange. It measures the collective expectations of Alphabet Class C investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Alphabet Class C and determine expected loss or profit from investing in Alphabet over a given investment horizon.
Check out Alphabet Correlation, Alphabet Volatility and Alphabet Alpha and Beta module to complement your research on Alphabet.
Symbol

Alphabet Class C Price To Book Ratio

Is Alphabet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alphabet. If investors know Alphabet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alphabet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.56
Earnings Share
5.8
Revenue Per Share
24.338
Quarterly Revenue Growth
0.135
Return On Assets
0.1437
The market value of Alphabet Class C is measured differently than its book value, which is the value of Alphabet that is recorded on the company's balance sheet. Investors also form their own opinion of Alphabet's value that differs from its market value or its book value, called intrinsic value, which is Alphabet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alphabet's market value can be influenced by many factors that don't directly affect Alphabet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alphabet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alphabet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alphabet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Alphabet 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Alphabet's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Alphabet.
0.00
11/25/2022
No Change 0.00  0.0 
In 1 year 3 months and 25 days
03/19/2024
0.00
If you would invest  0.00  in Alphabet on November 25, 2022 and sell it all today you would earn a total of 0.00 from holding Alphabet Class C or generate 0.0% return on investment in Alphabet over 480 days. Alphabet is related to or competes with Outbrain, DouYu International, FaZe Holdings, Zhihu, and Zillow Group. Alphabet Inc. provides various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pa... More

Alphabet Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Alphabet's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Alphabet Class C upside and downside potential and time the market with a certain degree of confidence.

Alphabet Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Alphabet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alphabet's standard deviation. In reality, there are many statistical measures that can use Alphabet historical prices to predict the future Alphabet's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Alphabet's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Alphabet in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
146.91148.64150.37
Details
Intrinsic
Valuation
LowRealHigh
139.01140.74163.33
Details
59 Analysts
Consensus
LowTargetHigh
123.16135.34150.23
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.351.501.66
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Alphabet. Your research has to be compared to or analyzed against Alphabet's peers to derive any actionable benefits. When done correctly, Alphabet's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Alphabet Class C.

Alphabet Class C Backtested Returns

We consider Alphabet very steady. Alphabet Class C secures Sharpe Ratio (or Efficiency) of 0.0671, which signifies that the company had 0.0671% return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-nine technical indicators for Alphabet Class C, which you can use to evaluate the future volatility of the firm. Please confirm Alphabet's Mean Deviation of 1.18, downside deviation of 2.12, and Risk Adjusted Performance of 0.071 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. Alphabet has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.61, which signifies possible diversification benefits within a given portfolio. 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. By analyzing Alphabet Class C technical indicators, you can presently evaluate if the expected return of 0.12% will be sustainable into the future. Alphabet Class C right now shows a risk of 1.75%. Please confirm Alphabet Class C treynor ratio, kurtosis, relative strength index, as well as the relationship between the downside variance and day median price to decide if Alphabet Class C will be following its price patterns.

Auto-correlation

    
  0.68  

Good predictability

Alphabet Class C has good predictability. Overlapping area represents the amount of predictability between Alphabet time series from 25th of November 2022 to 23rd of July 2023 and 23rd of July 2023 to 19th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Alphabet Class C price movement. The serial correlation of 0.68 indicates that around 68.0% of current Alphabet price fluctuation can be explain by its past prices.
Correlation Coefficient0.68
Spearman Rank Test0.56
Residual Average0.0
Price Variance40.69

Alphabet Class C lagged returns against current returns

Autocorrelation, which is Alphabet stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Alphabet's stock expected returns. We can calculate the autocorrelation of Alphabet returns to help us make a trade decision. For example, suppose you find that Alphabet stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Alphabet regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Alphabet stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alphabet stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alphabet stock over time.
   Current vs Lagged Prices   
       Timeline  

Alphabet Lagged Returns

When evaluating Alphabet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alphabet stock have on its future price. Alphabet autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Alphabet autocorrelation shows the relationship between Alphabet stock current value and its past values and can show if there is a momentum factor associated with investing in Alphabet Class C.
   Regressed Prices   
       Timeline  

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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...