Alphabet Backtesting

Alphabet Inc -- USA Stock  

USD 1,151  13.23  1.16%

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

December 23, 2017
No Change 0.00  0.0%
In 31 days
January 22, 2018
If you would invest  0.00  in Alphabet on December 23, 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, Workday, F5 Networks, and CDK Global. 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 

Alphabet regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Alphabet Inc Backtested Returns

Macroaxis considers Alphabet not too risky given 1 month investment horizon. Alphabet Inc secures Sharpe Ratio (or Efficiency) of 0.6332 which signifies that Alphabet Inc had 0.6332% of return per unit of risk over the last 1 month. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. By analyzing Alphabet Inc technical indicators you can presently evaluate if the expected return of 0.5139% is justified by implied risk. Please makes use of Alphabet Inc Coefficient Of Variation of 302.73, Risk Adjusted Performance of 0.1503 and Mean Deviation of 0.6163 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Alphabet holds performance score of 41. The firm shows Beta (market volatility) of 1.1394 which signifies that Alphabet returns are very sensitive to returns on the market. as market goes up or down, Alphabet is expected to follow.. Although it is vital to follow to Alphabet Inc 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. We have found twenty-seven technical indicators for Alphabet Inc which you can use to evaluate performance of the firm. Please makes use of Alphabet Inc Semi Variance, and the relationship between Maximum Drawdown and Accumulation Distribution to make a quick decision on weather Alphabet price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.95 

Excellent predictability

Alphabet Inc has excellent predictability. Overlapping area represents the amount of predictability between Alphabet time series from December 23, 2017 to January 7, 2018 and January 7, 2018 to January 22, 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 0.95 indicates that approximately 95.0% of current Alphabet price fluctuation can be explain by its past prices.
Correlation Coefficient 0.95
Spearman Rank Test 0.95
Price Variance 155.48
Lagged Price Variance 496.49

Alphabet Lagged Returns

 Regressed Prices 

Alphabet Performance vs DOW

The median price of Alphabet for the period between Sat, Dec 23, 2017 and Mon, Jan 22, 2018 is 1086.4 with a coefficient of variation of 2.73. The daily time series for the period is distributed with a sample standard deviation of 29.71, arithmetic mean of 1088.09, and mean deviation of 26.0. The Stock did not receive any noticable media coverage during the period.
Price Growth (%)