Alphabet Stock Market Value

GOOG -  USA Stock  

USD 2,834  5.26  0.19%

Alphabet's market value is the price at which a share of Alphabet stock trades on a public exchange. It measures the collective expectations of Alphabet Cl C investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Alphabet Cl C and determine expected loss or profit from investing in Alphabet over a given investment horizon. Please check Alphabet Hype Analysis, Alphabet Correlation, Alphabet Valuation, Alphabet Volatility, as well as analyze Alphabet Alpha and Beta and Alphabet Performance.
Symbol
Backtest


The market value of Alphabet Cl 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 Cl C underlying business (such as 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 Alphabet value 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.

Alphabet 'What if' Analysis

In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Alphabet's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Alphabet.
0.00
09/17/2021
No Change 0.00  0.0 
In 30 days
10/17/2021
0.00
If you would invest  0.00  in Alphabet on September 17, 2021 and sell it all today you would earn a total of 0.00 from holding Alphabet Cl C or generate 0.0% return on investment in Alphabet over 30 days. Alphabet is related to or competes with Xunlei, Servicenow, Teradata Corp, Unisys Corp, Workday, NetApp, and Sabre Corp. Alphabet Inc. provides online advertising services in the United States, Europe, the Middle East, Africa, the Asia-Pacif...

Alphabet Upside/Downside Indicators

Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Alphabet's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Alphabet Cl C upside and downside potential and time the market with a certain degree of confidence.

Alphabet Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Alphabet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alphabet's standard deviation. In reality, there are many statistical measures that can use Alphabet historical prices to predict the future Alphabet's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Alphabet's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Alphabet in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
2,5502,8362,837
Details
Intrinsic
Valuation
LowReal ValueHigh
1,9291,9303,117
Details
Naive
Forecast
LowNext ValueHigh
2,9222,9232,925
Details
5 Analysts
Consensus
LowTarget PriceHigh
900.00935.00970.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Alphabet. Your research has to be compared to or analyzed against Alphabet's peers to derive any actionable benefits. When done correctly, Alphabet's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Alphabet Cl C.

Alphabet Cl C Backtested Returns

We consider Alphabet very steady. Alphabet Cl C secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had 0.12% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the 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-eight technical indicators for Alphabet Cl C, which you can use to evaluate the future volatility of the firm. Please confirm Alphabet Cl C Mean Deviation of 0.9243, downside deviation of 1.45, and Risk Adjusted Performance of 0.0816 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%.
Alphabet has performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.1291, which signifies a somewhat significant risk relative to the market. Let's try to break down what Alphabet's beta means in this case. Alphabet returns are very sensitive to returns on the market. As the market goes up or down, Alphabet is expected to follow. Although it is extremely important to respect Alphabet Cl C historical returns, it is better to be realistic regarding the information on 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 Cl C technical indicators, you can presently evaluate if the expected return of 0.15% will be sustainable into the future. Alphabet Cl C right now shows a risk of 1.23%. Please confirm Alphabet Cl C downside variance, and the relationship between the treynor ratio and kurtosis to decide if Alphabet Cl C will be following its price patterns.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.64)   

Very good reverse predictability

Alphabet Cl C has very good reverse predictability. Overlapping area represents the amount of predictability between Alphabet time series from 17th of September 2021 to 2nd of October 2021 and 2nd of October 2021 to 17th of October 2021. 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 Cl C price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Alphabet price fluctuation can be explain by its past prices. Given that Alphabet Cl C has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Alphabet for similar time interval.
Correlation Coefficient-0.64
Spearman Rank Test-0.34
Residual Average0.0
Price Variance2425.92

Alphabet Cl C lagged returns against current returns

Autocorrelation, which is Alphabet stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Alphabet's stock expected returns. We can calculate the autocorrelation of Alphabet returns to help us make a trade decision. For example, suppose you find that Alphabet stock has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Alphabet regressed lagged prices vs. current prices

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Alphabet stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alphabet stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alphabet stock over time.
 Current vs Lagged Prices 
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      Timeline 

Alphabet Lagged Returns

When evaluating Alphabet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alphabet stock have on its future price. Alphabet autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Alphabet autocorrelation shows the relationship between Alphabet stock current value and its past values and can show if there is a momentum factor associated with investing in Alphabet Cl C.
 Regressed Prices 
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      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Alphabet without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Alphabet Cl C using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please check Alphabet Hype Analysis, Alphabet Correlation, Alphabet Valuation, Alphabet Volatility, as well as analyze Alphabet Alpha and Beta and Alphabet Performance. Note that the Alphabet Cl C 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 Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Alphabet Stock analysis

When running Alphabet Cl C 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 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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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.
A focus of Alphabet technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alphabet trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...