Alphabet Performance

GOOG -- USA Stock  

USD 1,079  3.58  0.33%

On a scale of 0 to 100 Alphabet holds performance score of 11. The firm shows Beta (market volatility) of 0.0 which signifies that the returns on MARKET and Alphabet are completely uncorrelated. Although it is extremely important to respect Alphabet historical returns, it is better to be realistic regarding the information on 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 0.2136% 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.
 Time Horizon     30 Days    Login   to change

Alphabet Relative Risk vs. Return Landscape

If you would invest  103,005  in Alphabet on April 27, 2018 and sell it today you would earn a total of  4,561  from holding Alphabet or generate 4.43% return on investment over 30 days. Alphabet is currenly generating 0.2136% of daily expected returns and assumes 1.223% risk (volatility on return distribution) over the 30 days horizon. In different words, 11% 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 2.19 times more return on investment than the market. However, the company is 2.19 times more volatile than its market benchmark. It trades about 0.17 of its potential returns per unit of risk. The DOW is currently generating roughly 0.14 per unit of risk.

Alphabet Market Risk Analysis

Sharpe Ratio = 0.1747
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Alphabet Relative Performance Indicators

Estimated Market Risk
 1.22
  actual daily
 
 89 %
of total potential
  
Expected Return
 0.21
  actual daily
 
 3 %
of total potential
  
Risk-Adjusted Return
 0.17
  actual daily
 
 11 %
of total potential
  
Based on monthly moving average Alphabet is performing at about 11% 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.

Performance Rating

Alphabet Risk Adjusted Performance Analysis
11 

Risk-Adjusted Performance

Compared to the overall equity markets, risk-adjusted returns on investments in Alphabet are ranked lower than 11 (%) of all global equities and portfolios over the last 30 days.

Alphabet Alerts

Equity Alerts and Improvement Suggestions
About 71.0% of the company shares are owned by institutional investors
Latest headline from www.theglobeandmail.com: This tech-sector strategy avoids sky-high valuations
Please also check Risk vs Return Analysis. Please also try Equity Analysis module to research over 250,000 global equities including funds, stocks and etfs to find investment opportunities.