We consider Alphabet not too risky. Alphabet secures Sharpe Ratio (or Efficiency) of 0.0409 which signifies that Alphabet had 0.0409% 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. We have found twenty-one technical indicators for Alphabet which you can use to evaluate future volatility of the firm. Please confirm Alphabet Downside Deviation of 1.8, Risk Adjusted Performance of 0.01 and Mean Deviation of 1.12 to double-check if risk estimate we provide are consistent with the epected return of 0.0666%.
|Time Horizon||30 Days Login to change|
Alphabet Technical Analysis
Projected Return Density Against MarketGiven the investment horizon of 30 days, Alphabet has beta of 0.0 . This indicates unless we do not have required data, the returns on DOW and Alphabet are completely uncorrelated. Furthermore, AlphabetIt does not look like Alphabet alpha can have any bearing on the equity current valuation.
Predicted Return Density