Alphabet Backtesting

Alphabet Inc -- USA Stock  

USD 1,127  20.16  1.82%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Alphabet Inc and determine expected loss or profit from investing in Alphabet over given investment horizon. Please also check Alphabet Hype Analysis, Alphabet Correlation, Alphabet Valuation, Alphabet Volatility as well as analyze Alphabet Alpha and Beta and Alphabet Performance
 Time Horizon     30 Days    Login   to change

Alphabet 'What if' Analysis

January 25, 2018
No Change 0.00  0.0%
In 31 days
February 24, 2018
If you would invest  0.00  in Alphabet on January 25, 2018 and sell it all today you would earn a total of 0.00 from holding Alphabet Inc or generate 0.0% return on investment in Alphabet over 30 days. Alphabet is related to or competes with Broadridge Financial, CA, Gartner, Workday, F5 Networks, and CDK Global. Alphabet Inc., through its subsidiaries, provides online advertising services in the United States and internationally

Alphabet Upside/Downside Indicators


Alphabet Market Premium Indicators

Alphabet Inc lagged returns against current returns

 Current and Lagged Values 

Alphabet regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Alphabet Inc Backtested Returns

Macroaxis considers Alphabet to be not too risky. Alphabet Inc secures Sharpe Ratio (or Efficiency) of -0.0701 which signifies that Alphabet Inc had -0.0701% of return per unit of risk over the last 1 month. Macroaxis philosophy towards foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Alphabet Inc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Alphabet Inc Risk Adjusted Performance of 0.098523 and Mean Deviation of 1.57 to double-check risk estimate we provide. Macroaxis gives Alphabet performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -0.4527 which signifies that as returns on market increase, returns on owning Alphabet are expected to decrease at a much smaller rate. During bear market, Alphabet is likely to outperform the market.. Even though it is essential to pay attention to Alphabet Inc 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 Inc exposes twenty-one different technical indicators which can help you to evaluate its performance. Alphabet Inc has expected return of -0.1565%. Please be advised to confirm Alphabet Inc Treynor Ratio as well as the relationship between Downside Variance and Kurtosis to decide if Alphabet Inc past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.84) 

Excellent reverse predictability

Alphabet Inc has excellent reverse predictability. Overlapping area represents the amount of predictability between Alphabet time series from January 25, 2018 to February 9, 2018 and February 9, 2018 to February 24, 2018. 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 Inc price movement. The serial correlation of -0.84 indicates that around 84.0% of current Alphabet price fluctuation can be explain by its past prices. Given that Alphabet Inc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Alphabet for similar time interval.
Correlation Coefficient -0.84
Spearman Rank Test -0.9
Price Variance 890.85
Lagged Price Variance 3580.99

Alphabet Lagged Returns

 Regressed Prices 

Alphabet Performance vs DOW

The median price of Alphabet for the period between Thu, Jan 25, 2018 and Sat, Feb 24, 2018 is 1106.63 with a coefficient of variation of 4.76. The daily time series for the period is distributed with a sample standard deviation of 52.62, arithmetic mean of 1106.13, and mean deviation of 43.32. The Stock received some media coverage during the period.
Price Growth (%)  
3 Reasons To Be Bullish on Alphabet Inc Stock Right Now02/23/2018