Alphabet Investments vs Inventory Analysis

GOOGL Stock  USD 150.87  0.20  0.13%   
Alphabet financial indicator trend analysis is way more than just evaluating Alphabet Class A prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Alphabet Class A is a good investment. Please check the relationship between Alphabet Investments and its Inventory accounts. Check out Risk vs Return Analysis 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 price.

Investments vs Inventory

Investments vs Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Alphabet Class A Investments account and Inventory. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Alphabet's Investments and Inventory is -0.17. Overlapping area represents the amount of variation of Investments that can explain the historical movement of Inventory in the same time period over historical financial statements of Alphabet Class A, assuming nothing else is changed. The correlation between historical values of Alphabet's Investments and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Investments of Alphabet Class A are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Investments i.e., Alphabet's Investments and Inventory go up and down completely randomly.

Correlation Coefficient

-0.17
Relationship DirectionNegative 
Relationship StrengthInsignificant

Investments

Securities or assets acquired for generating income or appreciating in value, not used in daily operations.

Inventory

Most indicators from Alphabet's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Alphabet Class A current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis 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 price.
Selling General Administrative is expected to rise to about 17.2 B this year, although the value of Discontinued Operations will most likely fall to about 412.8 M.
 2021 2022 2023 2024 (projected)
Total Operating Expenses68.0B81.8B89.8B94.3B
Cost Of Revenue110.9B126.2B133.3B140.0B

Alphabet fundamental ratios Correlations

0.430.480.20.050.340.250.270.320.460.290.32-0.220.460.390.660.320.280.290.620.350.490.580.360.320.23
0.431.00.760.690.990.920.960.980.850.980.970.681.00.970.670.980.870.80.760.990.990.740.970.910.93
0.481.00.750.670.970.90.940.970.870.970.960.641.00.960.680.970.870.780.780.980.990.760.950.90.92
0.20.760.750.960.760.750.790.810.470.820.830.590.740.730.40.830.90.460.270.790.80.240.630.880.88
0.050.690.670.960.710.740.770.770.330.780.810.690.670.660.270.80.890.440.130.760.730.10.570.870.86
0.340.990.970.760.710.960.970.990.810.990.980.760.970.970.650.990.880.840.720.990.970.690.980.90.93
0.250.920.90.750.740.960.960.960.640.950.950.830.890.890.650.950.860.870.60.940.910.570.930.870.9
0.270.960.940.790.770.970.960.990.70.980.970.760.940.940.630.980.90.790.610.970.940.580.920.930.95
0.320.980.970.810.770.990.960.990.771.00.990.750.960.970.631.00.920.80.650.990.970.620.950.940.97
0.460.850.870.470.330.810.640.70.770.780.750.440.870.840.530.770.590.660.870.80.830.890.860.630.69
0.290.980.970.820.780.990.950.981.00.780.980.770.970.960.591.00.910.780.650.990.970.630.940.940.97
0.320.970.960.830.810.980.950.970.990.750.980.770.950.940.60.990.920.80.620.990.970.60.930.940.95
-0.220.680.640.590.690.760.830.760.750.440.770.770.640.630.180.750.650.710.310.740.640.320.740.660.73
0.461.01.00.740.670.970.890.940.960.870.970.950.640.960.670.970.860.780.780.980.990.770.950.90.91
0.390.970.960.730.660.970.890.940.970.840.960.940.630.960.650.960.860.720.710.970.960.690.930.890.93
0.660.670.680.40.270.650.650.630.630.530.590.60.180.670.650.610.510.730.780.620.670.70.670.520.49
0.320.980.970.830.80.990.950.981.00.771.00.990.750.970.960.610.930.770.641.00.980.620.930.950.97
0.280.870.870.90.890.880.860.90.920.590.910.920.650.860.860.510.930.620.410.920.90.370.770.980.96
0.290.80.780.460.440.840.870.790.80.660.780.80.710.780.720.730.770.620.770.790.760.740.890.640.66
0.620.760.780.270.130.720.60.610.650.870.650.620.310.780.710.780.640.410.770.680.730.990.810.470.49
0.350.990.980.790.760.990.940.970.990.80.990.990.740.980.970.621.00.920.790.680.980.660.950.940.96
0.490.990.990.80.730.970.910.940.970.830.970.970.640.990.960.670.980.90.760.730.980.70.930.930.94
0.580.740.760.240.10.690.570.580.620.890.630.60.320.770.690.70.620.370.740.990.660.70.790.440.47
0.360.970.950.630.570.980.930.920.950.860.940.930.740.950.930.670.930.770.890.810.950.930.790.80.85
0.320.910.90.880.870.90.870.930.940.630.940.940.660.90.890.520.950.980.640.470.940.930.440.80.98
0.230.930.920.880.860.930.90.950.970.690.970.950.730.910.930.490.970.960.660.490.960.940.470.850.98
Click cells to compare fundamentals

Alphabet Account Relationship Matchups

Alphabet fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding14.0B13.7B13.6B13.2B12.7B13.5B
Total Assets275.9B319.6B359.3B365.3B402.4B422.5B
Total Stockholder Equity201.4B222.5B251.6B256.1B283.4B297.5B
Other Assets3.1B5.0B1M11.9B13.7B14.3B
Liabilities And Stockholders Equity275.9B319.6B359.3B365.3B402.4B422.5B
Other Stockholder Equity(1.2B)633M(1.6B)68.2B76.5B80.4B
Total Liab74.5B97.1B107.6B109.1B119.0B125.0B
Short Long Term Debt Total14.8B25.1B26.2B29.7B28.5B29.9B
Other Current Liab36.6B47.0B52.7B57.8B67.4B70.8B
Total Current Liabilities45.2B56.8B64.3B69.3B81.8B85.9B
Other Liab14.5B15.2B17.2B12.6B14.5B15.2B
Property Plant And Equipment Net84.6B97.0B110.6B127.0B148.4B155.9B
Current Deferred Revenue1.9B2.5B3.3B3.9B4.1B4.3B
Net Debt(3.7B)(1.4B)5.3B7.8B4.5B4.7B
Retained Earnings152.1B163.4B191.5B195.6B211.2B221.8B
Accounts Payable5.6B5.6B6.0B5.1B7.5B7.9B
Cash18.5B26.5B20.9B21.9B24.0B13.9B
Non Current Assets Total123.3B145.3B171.1B200.5B230.9B242.4B
Non Currrent Assets Other2.3B4.0B5.4B6.6B10.1B10.6B
Long Term Debt4.0B13.9B14.8B12.9B11.9B6.1B
Cash And Short Term Investments119.7B136.7B139.6B113.8B110.9B65.9B
Net Receivables27.5B31.4B40.3B40.3B48.0B50.4B
Common Stock Total Equity50.6B58.5B61.8B68.2B78.4B82.3B
Short Term Investments101.2B110.2B118.7B91.9B86.9B52.1B
Non Current Liabilities Total29.2B40.2B43.4B39.8B37.2B39.1B
Other Current Assets4.4B5.5B7.1B8.1B12.7B13.3B
Property Plant And Equipment Gross84.6B97.0B110.6B127.0B215.9B226.7B
Total Current Assets152.6B174.3B188.1B164.8B171.5B180.1B
Accumulated Other Comprehensive Income(1.2B)633M(1.6B)(7.6B)(4.4B)(4.2B)
Short Term Debt1.2B1.7B2.2B2.5B2.8B2.6B
Intangible Assets2.0B1.4B1.4B2.1B2.4B2.2B
Common Stock50.6B58.5B61.8B68.2B76.5B80.4B
Property Plant Equipment84.6B84.7B97.6B112.7B129.6B136.0B
Good Will20.6B21.2B23.0B29.0B29.2B30.7B
Inventory999M728M1.2B2.7B3.1B3.2B
Net Tangible Assets178.8B199.9B227.3B225.1B258.9B174.2B
Deferred Long Term Liab1.7B3.6B5.3B514M591.1M561.5M
Long Term Investments13.1B20.7B29.5B30.5B31.0B17.7B
Retained Earnings Total Equity152.1B163.4B191.5B195.6B224.9B157.4B

Alphabet Investors Sentiment

The influence of Alphabet's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Alphabet. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Alphabet's public news can be used to forecast risks associated with an investment in Alphabet. The trend in average sentiment can be used to explain how an investor holding Alphabet can time the market purely based on public headlines and social activities around Alphabet Class A. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Alphabet's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Alphabet's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Alphabet's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Alphabet.

Alphabet Implied Volatility

    
  27.47  
Alphabet's implied volatility exposes the market's sentiment of Alphabet Class A stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Alphabet's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Alphabet stock will not fluctuate a lot when Alphabet's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Alphabet in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Alphabet's short interest history, or implied volatility extrapolated from Alphabet options trading.

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When determining whether Alphabet Class A 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 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 price.
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 Global Correlations module to find global opportunities by holding instruments from different markets.

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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 A 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.