Alphabet Performance

GOOG -- USA Stock  

USD 1,236  0.03  0.0024%

On a scale of 0 to 100 Alphabet holds performance score of 14. The firm shows Beta (market volatility) of 0.4312 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. Although it is vital to follow to Alphabet historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Alphabet technical indicators you can presently evaluate if the expected return of 0.2642% will be sustainable into the future. Please makes use of Alphabet Treynor Ratio as well as the relationship between Downside Variance and Kurtosis to make a quick decision on weather Alphabet price patterns will revert.
14

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Alphabet are ranked lower than 14 (%) of all global equities and portfolios over the last 30 days. In spite of rather weak fundamental drivers, Alphabet exhibited solid returns over the last few months and may actually be approaching a breakup point.
Quick Ratio3.77
Fifty Two Week Low970.11
Target High Price1,420.00
Fifty Two Week High1,273.89
Target Low Price1,240.00
Horizon     30 Days    Login   to change

Alphabet Relative Risk vs. Return Landscape

If you would invest  111,856  in Alphabet on March 21, 2019 and sell it today you would earn a total of  11,781  from holding Alphabet or generate 10.53% return on investment over 30 days. Alphabet is currently generating 0.2642% of daily expected returns and assumes 1.2168% risk (volatility on return distribution) over the 30 days horizon. In different words, 10% of equities are less volatile than Alphabet and 96% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 30 days, Alphabet is expected to generate 2.12 times more return on investment than the market. However, the company is 2.12 times more volatile than its market benchmark. It trades about 0.22 of its potential returns per unit of risk. The DOW is currently generating roughly 0.12 per unit of risk.

Alphabet Market Risk Analysis

Sharpe Ratio = 0.2172
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Alphabet Relative Performance Indicators

Estimated Market Risk
 1.22
  actual daily
 
 10 %
of total potential
 
10
Expected Return
 0.26
  actual daily
 
 4 %
of total potential
 
4
Risk-Adjusted Return
 0.22
  actual daily
 
 14 %
of total potential
 
14
Based on monthly moving average Alphabet is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Alphabet by adding it to a well-diversified portfolio.

Alphabet Alerts

Equity Alerts and Improvement Suggestions

Alphabet has high likelihood to experience some financial distress in the next 2 years
About 70.0% of the company shares are owned by institutional investors
Please also check Risk vs Return Analysis. Please also try Equity Search module to search for activelly-traded equities including funds and etfs from over 30 global markets.
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