Alphabet Alpha and Beta Analysis

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GOOG -- USA Stock  

USD 1,418  0.82  0.06%

This module allows you to check different measures of market premium (i.e. an alpha and beta) for all equities including Alphabet, as well as systematic risk associated with investing in Alphabet over a specified time horizon. Please check Alphabet Backtesting, Alphabet Valuation, Alphabet Correlation, Alphabet Hype Analysis, Alphabet Volatility, Alphabet History and analyze Alphabet Performance.

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Please note that although Alphabet alpha is a measure of relative return and represented here as a single number, it actually indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Alphabet did 0.11  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 relative risk over its benchmark. Alphabet has beta of 0.83  . As returns on market increase, Alphabet returns are expected to increase less than the market. However, during bear market, the loss on holding Alphabet will be expected to be smaller as well. Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility againt 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 a benchmark but still not compensate for the assumption of the volatility risk.

Alphabet Market Premiums

α0.11   β0.83
30 days against DJI

Alphabet expected buy-and-hold returns

Alphabet Market Price Analysis

Alphabet Return and Market Media

The median price of Alphabet for the period between Thu, Feb 27, 2020 and Wed, May 27, 2020 is 1279.31 with a coefficient of variation of 8.71. The daily time series for the period is distributed with a sample standard deviation of 110.58, arithmetic mean of 1269.18, and mean deviation of 93.87. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
      Timeline 
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The Zacks Analyst Blog Highlights Amazon, Microsoft, Alphabe...04/03/2020
4
Its Time Again to Look deep into books of Alphabet Inc. - Th...04/09/2020
5
Snap stock posts best day in two years but jaw-dropping slow...04/22/2020
6
Facebook hopes to pick up where Google and Snap left off, in...04/29/2020
7
The Zacks Analyst Blog Highlights Microsoft, Amazon, Alphabe...05/04/2020
8
Why Alphabet Inc. Remains On My Watch List - Baystreet.ca05/14/2020
9
Is Alphabet a Smart Long-term Buy - Yahoo Finance05/26/2020

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 equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Alphabet 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.

Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page