Alphabet Technical Analysis

Alphabet Inc -- USA Stock  

USD 989.68  2.5  0.25%

Alphabet Inc shows Coefficient Of Variation of 221.76, Risk Adjusted Performance of 0.1104 and Mean Deviation of 0.6545. Alphabet Inc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found eighteen technical drivers for Alphabet Inc which can be compared to its rivals. Please confirm Alphabet Inc Variance, Maximum Drawdown as well as the relationship between Maximum Drawdown and Semi Variance to decide if Alphabet Inc is priced correctly providing market reflects its regular price of 989.68 per share. Given that Alphabet has Treynor Ratio of 0.3516, we suggest you validate Alphabet Inc prevailing market performance to make sure the company can sustain itself at future point.
Investment Horizon     30 Days    Login   to change

Alphabet Inc Trend Analysis

Use this graph to draw trend lines for Alphabet Inc. You can use it to identify possible trend reversals for Alphabet as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Alphabet price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Alphabet Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Alphabet Inc applied against its price change over selected period. The best fit line has a slop of 4.28 % which means Alphabet Inc will continue producing value for investors. It has 34 observation points and a regression sum of squares at 14954.49, which is the sum of squared deviations for the predicted Alphabet price change compared to its average price change.

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Risk-Return Analysis

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Alphabet Inc is rated # 3 in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about  1.26  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Alphabet Inc is roughly  1.26