Alphabet Class C Stock Performance

GOOG Stock  USD 148.48  6.31  4.44%   
Alphabet has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.6, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Alphabet returns are expected to increase less than the market. However, during the bear market, the loss on holding Alphabet will be expected to be smaller as well. By analyzing Alphabet Class C technical indicators, you can presently evaluate if the expected return of 0.13% will be sustainable into the future. Alphabet Class C right now shows a risk of 1.73%. Please confirm Alphabet Class C downside variance, and the relationship between the treynor ratio and kurtosis to decide if Alphabet Class C will be following its price patterns.

Risk-Adjusted Performance

5 of 100

 
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Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Alphabet Class C are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. Despite nearly weak basic indicators, Alphabet may actually be approaching a critical reversion point that can send shares even higher in April 2024. ...more

Actual Historical Performance (%)

One Day Return
(1.50)
Five Day Return
1.51
Year To Date Return
1.87
Ten Year Return
371.23
All Time Return
5.6 K
Last Split Factor
20:1
Last Split Date
2022-07-18
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5
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Begin Period Cash Flow21.9 B
  

Alphabet Relative Risk vs. Return Landscape

If you would invest  13,810  in Alphabet Class C on December 19, 2023 and sell it today you would earn a total of  1,038  from holding Alphabet Class C or generate 7.52% return on investment over 90 days. Alphabet Class C is currently generating 0.1319% in daily expected returns and assumes 1.7266% risk (volatility on return distribution) over the 90 days horizon. In different words, 15% of stocks are less volatile than Alphabet, and 98% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Expected Return   
       Risk  
Given the investment horizon of 90 days Alphabet is expected to generate 2.9 times more return on investment than the market. However, the company is 2.9 times more volatile than its market benchmark. It trades about 0.08 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.17 per unit of risk.

Alphabet Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Alphabet's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Alphabet Class C, and traders can use it to determine the average amount a Alphabet's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0764

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Estimated Market Risk

 1.73
  actual daily
15
85% of assets are more volatile

Expected Return

 0.13
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.08
  actual daily
5
95% of assets perform better
Based on monthly moving average Alphabet is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Alphabet by adding it to a well-diversified portfolio.

Alphabet Fundamentals Growth

Alphabet Stock prices reflect investors' perceptions of the future prospects and financial health of Alphabet, and Alphabet fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Alphabet Stock performance.

About Alphabet Performance

To evaluate Alphabet Class C Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Alphabet generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Alphabet Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Alphabet Class C market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Alphabet's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Return On Capital Employed 0.26  0.24 
Return On Assets 0.18  0.10 
Return On Equity 0.26  0.27 

Things to note about Alphabet Class C performance evaluation

Checking the ongoing alerts about Alphabet for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Alphabet Class C help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
About 62.0% of the company shares are owned by institutional investors
Latest headline from techtimes.com: Google Boosts Chrome Security Safe Browsing Now with Real-Time Protection
Evaluating Alphabet's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Alphabet's stock performance include:
  • Analyzing Alphabet's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Alphabet's stock is overvalued or undervalued compared to its peers.
  • Examining Alphabet's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Alphabet's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Alphabet's management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Alphabet's stock. These opinions can provide insight into Alphabet's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Alphabet's stock performance is not an exact science, and many factors can impact Alphabet's stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
When determining whether Alphabet Class C is a strong investment it is important to analyze Alphabet's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Alphabet's future performance. For an informed investment choice regarding Alphabet Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Alphabet Class C. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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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Is Alphabet'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. 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 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
0.56
Earnings Share
5.8
Revenue Per Share
24.338
Quarterly Revenue Growth
0.135
Return On Assets
0.1437
The market value of Alphabet Class C 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's value that differs from its market value or its book value, called intrinsic value, which is Alphabet'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's market value can be influenced by many factors that don't directly affect Alphabet'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's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alphabet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alphabet'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.