Alphabet Backtesting

GOOG -- USA Stock  

USD 1,206  26.04  2.11%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Alphabet and determine expected loss or profit from investing in Alphabet over given investment horizon. Please also check Alphabet Hype Analysis, Alphabet Correlation, Alphabet Valuation, Alphabet Volatility as well as analyze Alphabet Alpha and Beta and Alphabet Performance.
Horizon     30 Days    Login   to change

Alphabet 'What if' Analysis

January 23, 2019
No Change 0.00  0.0%
In 2 months and 2 days
March 24, 2019
If you would invest  0.00  in Alphabet on January 23, 2019 and sell it all today you would earn a total of 0.00 from holding Alphabet or generate 0.0% return on investment in Alphabet over 60 days. Alphabet is related to or competes with Workday, Xunlei, Teradata, Unisys, VMware, Sabre. Alphabet Inc. provides online advertising services in the United States, Europe, the Middle East, Africa, the Asia-Pacif...

Alphabet Upside/Downside Indicators

Downside Deviation1.23
Information Ratio0.1074
Maximum Drawdown5.37
Value At Risk(2.11)
Potential Upside2.51

Alphabet Market Premium Indicators

Risk Adjusted Performance0.1206
Jensen Alpha0.1432
Total Risk Alpha0.0878
Sortino Ratio0.1191
Treynor Ratio0.2009

Alphabet Backtested Returns

Macroaxis considers Alphabet very steady given 2 months investment horizon. Alphabet secures Sharpe Ratio (or Efficiency) of 0.2088 which signifies that the organization had 0.2088% of return per unit of risk over the last 2 months. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with stock 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 makes use of Alphabet Downside Deviation of 1.23, Risk Adjusted Performance of 0.1206 and Mean Deviation of 1.05 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Alphabet holds performance score of 13. The firm shows Beta (market volatility) of 1.0507 which signifies that Alphabet returns are very sensitive to returns on the market. as market goes up or down, Alphabet is expected to follow. Although it is vital to follow to Alphabet historical returns, it is good to be conservative about what you can actually do with the information regarding equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Alphabet technical indicators you can presently evaluate if the expected return of 0.274% will be sustainable into the future. Please makes use of Alphabet Treynor Ratio as well as the relationship between Downside Variance and Kurtosis to make a quick decision on weather Alphabet price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.50 
correlation synergy

Modest predictability

Alphabet has modest predictability. Overlapping area represents the amount of predictability between Alphabet time series from January 23, 2019 to February 22, 2019 and February 22, 2019 to March 24, 2019. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Alphabet price movement. The serial correlation of 0.5 indicates that about 50.0% of current Alphabet price fluctuation can be explain by its past prices.
Correlation Coefficient0.5
Spearman Rank Test0.53
Residual Average0.0
Price Variance1368.71

Alphabet lagged returns against current returns

 Current and Lagged Values 

Alphabet regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Alphabet Lagged Returns

 Regressed Prices 

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Please also check Alphabet Hype Analysis, Alphabet Correlation, Alphabet Valuation, Alphabet Volatility as well as analyze Alphabet Alpha and Beta and Alphabet Performance. Please also try Piotroski F Score module to get piotroski f score based on binary analysis strategy of nine different fundamentals.