Macroaxis: Personalized Investing
Personalized Investing and
Digital Wealth Optimization

GOOG FB BIDU YHOO CAD Bitcoins Exotic Investor Favorites 
Benchmark  United States  NYSE  10,937   50.536 Index Moved Down -0.46%  


Processing
Collecting data for GOOG

Google risk analysis

   

Google Inc

Stock@NASDAQ 
United States USD
  
1.60 times
   
We consider Google not too risky. Google Inc holds Efficiency (Sharpe) Ratio of 0.08 which attests that Google Inc had 0.08% of return per unit of risk over the last 1 month. Our philosophy towards determining volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Google Inc which you can use to evaluate future volatility of the corporation. Please check out Google Downside Deviation of 0.9703, Market Risk Adjusted Performance of 0.0513 and Risk Adjusted Performance of 0.0431 to validate if risk estimate we provide are consistent with the epected return of 0.09%.
change horizon
Investment horizon:  
  30 Days    Login   to change

Projected Return Density against Market

Given the investment horizon of 30 days, the stock has beta coefficient of 1.8775 . This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are expected to be negative, Google will likely underperform. Moreover, Google Inc has an alpha of 0.1273 implying that it can potentially generate 0.1273% excess return over NYSE after adjusting for the inherited market risk (beta).
Predicted Return Density
 
Embed  
Returns:   
NYSE   Google   
Given the investment horizon of 30 days, the coefficient of variation of Google is 1327.82. The daily returns are destributed with a variance of 1.47 and standard deviation of 1.21. The mean deviation of Google Inc is currently at 0.88. For similar time horizon, the selected benchmark (NYSE) has volatility of 0.51
αAlpha over NYSE= 0.13 
βBeta against NYSE= 1.88 
σOverall volatility= 1.21 
 iInformation ratio = 0.09 

Actual Return Volatility

Google Inc inherits 1.21% risk (volatility on return distribution) over the 30 days horizon. NYSE inherits 0.52% risk (volatility on return distribution) over the 30 days horizon.
Daily Returns (%)
Market   Equity   
 
Change Benchmark  Embed  Timeline 

30 Days Market Risk

Not too risky

Chance of Distress in 24 months

Very low

30 Days Economic Sensitivity

Very susceptible to market

Largest Period Trend Change

July 8, 2014
 578 
  
 571 
6.571.14%
Lowest period price (30 days)
July 23, 2014
 593 
  
 596 
2.750.46%
Highest period price (30 days)
Follow Google Volatility with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
Google Inc has a volatility of 1.21 and is 2.33 times more volatile than NYSE. 12% of all equities and portfolios are less risky than Google. Compared with the overall equity markets, volatility of historical daily returns of Google Inc is lower than 12 (%) of all global equities and portfolios over the last 30 days. Use Google Inc to protect against small markets fluctuations. The stock experiences moderate downward daily trend and can be a good diversifier. Check odds of Google to be traded at $573.9 in 30 days. As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Google will likely underperform.

Google correlation with market

Very poor diversification
Overlapping area represents amount of risk that can be diversified away by holding Google Inc. and equity matching NYA index in the same portfolio

Google Current Risk Indicators

Risk Adjusted Performance0.0431
Market Risk Adjusted Performance0.0513
Mean Deviation0.8427
Semi Deviation0.8305
Downside Deviation0.9703
Coefficient Of Variation1354.53
Standard Deviation1.19

Suggested Divercification Pairs

Mattel Inc vs. Google Inc
SPDR SP Metals Mining ETF vs. Google Inc
CenturyLink Inc vs. Google Inc
Ross Stores Inc vs. Google Inc
AutoNation Inc vs. Google Inc
Amazon Inc vs. Google Inc
First Financial Bancorp vs. Google Inc
United Technologies Corp vs. Google Inc
Netflix Inc vs. Google Inc
SAIC Inc vs. Google Inc
Republic Services Inc vs. Google Inc

 
Analytics
Risk Adjusted Returns Landscape
Live Efficient Frontier
Market Correlation Analysis
Watchlist Analysis
Financial Content
Portfolio Estimation and Projections
Portfolio Theme Builder
 
 
Research Modules
Equities Backtesting Analysis
Instant Retirement Optimizer
Cross-portfolio RSS and Mobile Access
Company, fund, and ETF Directory
Financial Advisor Directory
Insider and Manager Directory
Wealth Management
 
Services And Technology
Frequently Asked Questions
Quick Product Tour
Product Technology Overview
Solution Methodology
Plans and Pricing
 
Free Investor Tools
World Market Correlations
Instant Equity Comparator
Watchlist Analysis
Position Suggestions
Equity Alpha Analysis
 
About Us
About Macroaxis
Contact Us
Product Terms Of Use
Service Privacy Policy
Advertising Opportunities