Alphabet (Germany) Technical Analysis
| ABEA Stock | EUR 145.80 2.32 1.57% |
As of the 16th of April 2024, Alphabet shows the Risk Adjusted Performance of 0.0764, downside deviation of 2.09, and Mean Deviation of 1.31. Alphabet Class A 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's future prices. Put another way, 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 were able to analyze and collect data for nineteen technical drivers for Alphabet Class A, which can be compared to its peers. Please confirm Alphabet Class A standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if Alphabet Class A is priced correctly, providing market reflects its regular price of 145.8 per share.
Alphabet Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Alphabet, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AlphabetAlphabet |
Alphabet technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Alphabet Class A Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Alphabet Class A volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Alphabet Class A Trend Analysis
Use this graph to draw trend lines for Alphabet Class A. 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 Class A applied against its price change over selected period. The best fit line has a slop of 0.13 , which means Alphabet Class A will continue generating value for investors. It has 122 observation points and a regression sum of squares at 684.51, which is the sum of squared deviations for the predicted Alphabet price change compared to its average price change.About Alphabet Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Alphabet Class A on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Alphabet Class A based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Alphabet Class A price pattern first instead of the macroeconomic environment surrounding Alphabet Class A. By analyzing Alphabet's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Alphabet's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Alphabet specific price patterns or momentum indicators. Please read more on our technical analysis page.
Alphabet April 16, 2024 Technical Indicators
Most technical analysis of Alphabet help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Alphabet from various momentum indicators to cycle indicators. When you analyze Alphabet charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0764 | |||
| Market Risk Adjusted Performance | 0.2957 | |||
| Mean Deviation | 1.31 | |||
| Semi Deviation | 1.96 | |||
| Downside Deviation | 2.09 | |||
| Coefficient Of Variation | 896.75 | |||
| Standard Deviation | 1.77 | |||
| Variance | 3.14 | |||
| Information Ratio | 0.0761 | |||
| Jensen Alpha | 0.153 | |||
| Total Risk Alpha | 0.0386 | |||
| Sortino Ratio | 0.0645 | |||
| Treynor Ratio | 0.2857 | |||
| Maximum Drawdown | 9.19 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 2.26 | |||
| Downside Variance | 4.37 | |||
| Semi Variance | 3.85 | |||
| Expected Short fall | (1.33) | |||
| Skewness | (1.21) | |||
| Kurtosis | 3.5 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alphabet Class A. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Alphabet Class A information on this page should be used as a complementary analysis to other Alphabet'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 the Transaction History module to view history of all your transactions and understand their impact on performance.
Complementary Tools for Alphabet Stock analysis
When running Alphabet's price analysis, check to measure Alphabet'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 is operating at the current time. Most of Alphabet's value examination focuses on studying past and present price action to predict the probability of Alphabet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alphabet's price. Additionally, you may evaluate how the addition of Alphabet to your portfolios can decrease your overall portfolio volatility.
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