Alphabet Backtesting

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
Investment Horizon     30 Days    Login   to change
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Backtest

Alphabet 'What if' Analysis

May 26, 2017
 0.00 
No Change 0.00  0.0%
In 31 days
June 25, 2017
 0.00 
If you would invest  0.00  in Alphabet on May 26, 2017 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, and Sabre. Alphabet Inc offers performance and brand advertising services

Alphabet Upside/Downside Indicators

  

Alphabet Market Premium Indicators

Alphabet Inc lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Alphabet regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Alphabet Inc Backtested Returns

Macroaxis considers Alphabet to be not too risky. Alphabet Inc secures Sharpe Ratio (or Efficiency) of -0.0212 which signifies that Alphabet Inc had -0.0212% 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-eight different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Alphabet Inc Downside Deviation of 1.39, Risk Adjusted Performance of 0.0218 and Mean Deviation of 0.8131 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 0.7893 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 Inc historical returns, it is always good to be careful when utilizing equity current trading 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-eight different technical indicators which can help you to evaluate its performance. Alphabet Inc has expected return of -0.0232%. Please be advised to confirm Alphabet Inc Downside Variance, and the relationship between Treynor Ratio 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(0.39) 

Poor reverse predictability

Alphabet Inc has poor reverse predictability. Overlapping area represents the amount of predictability between Alphabet time series from May 26, 2017 to June 10, 2017 and June 10, 2017 to June 25, 2017. 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 -0.39 indicates that just about 39.0% 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 -0.39
Spearman Rank Test 0.21
Price Variance 72.36
Lagged Price Variance 161.59

Alphabet Lagged Returns

 Regressed Prices 
      Timeline 

Alphabet Performance vs DOW

The median price of Alphabet for the period between Fri, May 26, 2017 and Sun, Jun 25, 2017 is 964.86 with a coefficient of variation of 1.42. The daily time series for the period is distributed with a sample standard deviation of 13.62, arithmetic mean of 962.41, and mean deviation of 11.64. The Stock received some media coverage during the period.
Price Growth (%)  
      Timeline 
1
Alphabet Use The Right Numbers06/15/2017