Alphabet Competitors

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Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Alphabet Inc's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Alphabet Inc in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
94.5697.2299.88
Details
Intrinsic
Valuation
LowReal ValueHigh
87.28875.46878.12
Details
Naive
Forecast
LowNext ValueHigh
93.0995.7598.41
Details
34 Analysts
Consensus
LowTarget PriceHigh
2,2003,2113,925
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Alphabet Inc. Your research has to be compared to or analyzed against Alphabet Inc's peers to derive any actionable benefits. When done correctly, Alphabet Inc's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Alphabet Class.

Alphabet Inc Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Alphabet Inc and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Alphabet and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Alphabet Class does not affect the price movement of the other competitor.

Related Correlations

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Risk-Adjusted Indicators

Nowadays, there is a big difference between Alphabet Stock performing well and Alphabet Inc company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Alphabet Inc's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
WLK 2.12  0.10  0.05  0.14  2.33  0.0448 (2.26)  4.82 (3.57)  13.31 
SHW 1.82  0.07  0.04  0.12  1.89  0.0387 (2.17)  3.68 (2.90)  9.86 
SHECF 1.67  0.15  0.05  1.71  1.67  0.0415 (2.00)  3.24 (2.94)  10.24 
AIQUY 1.64  0.21  0.12  0.26  1.55  0.10 (1.77)  4.54 (2.77)  9.78 
PPG 1.84  0.03  0.03  0.09  2.06  0.0245 (2.03)  4.23 (3.44)  11.60 
EMN 1.98 (0.14)  0.00 (0.02)  0.00 (0.0372)  0.00  4.81 (3.26)  13.30 
ALB 2.67 (0.05) (0.01)  0.03  3.59 (0.0082) (2.56)  4.69 (6.49)  13.58 

Cross Equities Net Income Analysis

Compare Alphabet Class and related stocks such as Westlake Chemical, Sherwin-Williams, Shin-Etsu Chemical, Air Liquide SA, PPG Industries, Eastman Chemical, and Albemarle Corp Net Income Over Time
Select Fundamental

2010201120122013201420152016201720182019202020212022
WLK221.4 M259 M385.6 M610.4 M678.5 M646 M398.9 M1.3 B996 M421 M330 MB2.2 B
SHW462.5 M441.9 M631 M752.6 M865.9 M1.1 B1.1 B1.8 B1.1 B1.5 BB1.9 BB
PPG769 M1.1 B941 M3.2 B2.1 B1.4 B877 M1.6 B1.3 B1.2 B1.1 B1.4 B1.6 B
EMN438 M696 M437 M1.2 B751 M848 M854 M1.4 B1.1 B759 M478 M857 M793.1 M
ALB323.7 M436.3 M311.5 M413.2 M133.3 M334.9 M643.7 M54.9 M693.6 M533.2 M375.8 M123.7 M126.9 M

Alphabet Class and related stocks such as Westlake Chemical, Sherwin-Williams, Shin-Etsu Chemical, Air Liquide SA, PPG Industries, Eastman Chemical, and Albemarle Corp Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Alphabet Class financial statement analysis. It represents the amount of money remaining after all of Alphabet Inc Class operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income Available to Non-controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends Income Statement Impact.

Alphabet Inc Competitive Analysis

The better you understand Alphabet Inc competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Alphabet Inc's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Alphabet Inc's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
GOOGLWLKSHWSHECFAIQUYPPGEMNALB
 2.51 
 96.98 
Alphabet
 0.94 
 106.35 
Westlake
 0.05 
 253.46 
Sherwin
 3.13 
 124.90 
Shin-Etsu
 0.55 
 29.15 
AIQUY
 1.89 
 132.04 
PPG Industries
 1.13 
 85.11 
Eastman
 2.73 
 257.99 
Albemarle
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Number of Shares Shorted
Shares Owned by Insiders
Current Ratio
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Price to Earning
Z Score
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Return On Asset
Book Value Per Share
Cash and Equivalents
Price to Earnings To Growth
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Total Asset
Short Ratio
Target Price
Last Dividend Paid
Price to Sales
Market Capitalization
Cash per Share
Net Income
Earnings Per Share
Debt to Equity
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Working Capital
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Coefficient Of Variation
Mean Deviation
Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
Maximum Drawdown
Variance
Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

Alphabet Inc Competition Performance Charts

Complement your Alphabet Inc position

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Please check Alphabet Inc Correlation with its peers. Note that the Alphabet Class information on this page should be used as a complementary analysis to other Alphabet Inc's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Alphabet Class price analysis, check to measure Alphabet Inc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alphabet Inc is operating at the current time. Most of Alphabet Inc's value examination focuses on studying past and present price action to predict the probability of Alphabet Inc's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Alphabet Inc's price. Additionally, you may evaluate how the addition of Alphabet Inc to your portfolios can decrease your overall portfolio volatility.
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Is Alphabet Inc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alphabet Inc. If investors know Alphabet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alphabet Inc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.24) 
Market Capitalization
1269.6 B
Quarterly Revenue Growth YOY
0.061
Return On Assets
0.1392
Return On Equity
0.2689
The market value of Alphabet Class is measured differently than its book value, which is the value of Alphabet that is recorded on the company's balance sheet. Investors also form their own opinion of Alphabet Inc's value that differs from its market value or its book value, called intrinsic value, which is Alphabet Inc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alphabet Inc's market value can be influenced by many factors that don't directly affect Alphabet Inc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alphabet Inc's value and its price as these two are different measures arrived at by different means. Investors typically determine Alphabet Inc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alphabet Inc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
GOOGL
 Stock
  

USD 96.98  2.50  2.51%   

Alphabet Class competes with Westlake Chemical, Sherwin Williams, Shin-Etsu Chemical, Air Liquide, and PPG Industries; as well as few others. The company classifies itself under Interactive Media & Services sector and is part of Communication Services industry. Analyzing Alphabet Inc competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Alphabet Inc to its intrinsic valuation because they are able to contrast its competitors on a relative basis.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Alphabet Inc competition on your existing holdings. Please check Alphabet Inc Correlation with its peers.
  
Alphabet Inc Return on Investment is relatively stable at the moment as compared to the past year. The company's current value of Return on Investment is estimated at 33.77. Return on Average Assets is expected to hike to 24.17 this year, although the value of Return on Invested Capital will most likely fall to 0.29. Alphabet Inc Return on Average Assets are relatively stable at the moment as compared to the past year. The company's current value of Return on Average Assets is estimated at 24.17.