The firm shows Beta (market volatility) of 0.7987 which signifies that 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. Even though it is essential to pay attention to Alphabet
historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. Alphabet exposes twenty-one different technical indicators which can help you to evaluate its performance. Alphabet
has expected return of -0.2905%. Please be advised to confirm Alphabet Treynor Ratio
as well as the relationship
between Downside Variance
to decide if Alphabet
past performance will be repeated at some point in the near future.
Over the last 30 days Alphabet has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of weak performance in the last few months, the Stock's fundamental drivers remain rather sound which may send shares a bit higher in July 2019. The ongoing tumult may also be a sign of longer-term up-swing for the firm shareholders.
|Fifty Two Week Low||970.11|
|Target High Price||1,420.00|
|Fifty Two Week High||1,289.27|
|Target Low Price||1,250.00|