|GOOG -- USA Stock|| |
USD 1,042 13.39 1.30%
Macroaxis gives Alphabet performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 1.4065 which signifies that as market goes up, the company is expected to significantly outperform it. However, if the market returns are negative, Alphabet will likely underperform.. Even though it is essential to pay attention to Alphabet
historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis philosophy towards foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators
. Alphabet exposes twenty-one different technical indicators which can help you to evaluate its performance. Alphabet
has expected return of -0.1432%. Please be advised to confirm Alphabet Treynor Ratio
as well as the relationship
between Downside Variance
to decide if Alphabet
past performance will be repeated at some point in the near future.
Alphabet Relative Risk vs. Return Landscape
If you would invest 110,116
in Alphabet on November 19, 2018
and sell it today you would lose (7,245)
from holding Alphabet or give up 6.58%
of portfolio value over 30
days. Alphabet is currently does not generate positive expected returns and assumes 2.3397% risk (volatility on return distribution) over the 30 days horizon. In different words, 21% of equities are less volatile than Alphabet and 99% of traded equity instruments are projected to make higher returns than the company over the 30 days investment horizon.
Daily Expected Return (%)
Given the investment horizon of 30 days, Alphabet is expected to generate 1.73 times more return on investment than the market. However, the company is 1.73 times more volatile than its market benchmark. It trades about -0.06 of its potential returns per unit of risk. The DOW is currently generating roughly -0.12 per unit of risk.
Alphabet Market Risk Analysis
Sharpe Ratio = -0.0612
Alphabet Relative Performance Indicators
Estimated Market Risk
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Based on monthly moving average Alphabet is performing at about 0% 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
Over the last 30 days Alphabet has generated negative risk-adjusted returns adding no value to investors with long positions.
|Fifty Two Week Low||980.64|
|Target High Price||1,400.00|
|Fifty Two Week High||1,273.89|
|Target Low Price||1,240.00|