|Horizon||30 Days Login to change|
Alphabet Market Sensitivity
|As market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Alphabet will likely underperform.One Month Beta |Analyze Alphabet Demand TrendCheck current 30 days Alphabet correlation with market (DOW)|
β = 1.1826
Alphabet Technical Analysis
Alphabet Projected Return Density Against MarketGiven the investment horizon of 30 days, the stock has beta coefficient of 1.1826 . 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, Alphabet will likely underperform. Additionally, Alphabet has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
Predicted Return Density
Alphabet Return VolatilityAlphabet inherits 1.7359% risk (volatility on return distribution) over the 30 days horizon. DOW inherits 1.0635% risk (volatility on return distribution) over the 30 days horizon.