Alphabet Stock Market Value

GOOGL
 Stock
  

USD 101.43  0.21  0.21%   

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 A investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Alphabet Cl A and determine expected loss or profit from investing in Alphabet over a given investment horizon. Please check Alphabet Correlation, Alphabet Volatility and Alphabet Alpha and Beta module to complement your research on Alphabet.
Symbol


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.
The market value of Alphabet Cl 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 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
10/15/2020
No Change 0.00  0.0 
In 1 year 11 months and 22 days
10/05/2022
0.00
If you would invest  0.00  in Alphabet on October 15, 2020 and sell it all today you would earn a total of 0.00 from holding Alphabet Cl A or generate 0.0% return on investment in Alphabet over 720 days. Alphabet is related to or competes with Tencent Holdings. Alphabet Inc. provides various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pa... More

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 A 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
97.87100.13102.39
Details
Intrinsic
Valuation
LowReal ValueHigh
90.30871.16873.42
Details
34 Analysts
Consensus
LowTarget PriceHigh
2,2003,2113,925
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 A.

Alphabet Cl A Backtested Returns

Alphabet Cl A secures Sharpe Ratio (or Efficiency) of -0.0981, which signifies that the company had -0.0981% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Alphabet Cl A exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Alphabet Cl A risk adjusted performance of (0.034867), and Mean Deviation of 1.71 to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.5076, which signifies a somewhat significant risk relative to the market. Let's try to break down what Alphabet's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Alphabet will likely underperform. Even though it is essential to pay attention to Alphabet Cl A historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Alphabet Cl A exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Alphabet Cl A has an expected return of -0.22%. Please be advised to confirm Alphabet Cl A maximum drawdown, as well as the relationship between the expected short fall and rate of daily change to decide if Alphabet Cl A performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.87  

Excellent reverse predictability

Alphabet Cl A has excellent reverse predictability. Overlapping area represents the amount of predictability between Alphabet time series from 15th of October 2020 to 10th of October 2021 and 10th of October 2021 to 5th of October 2022. 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 A price movement. The serial correlation of -0.87 indicates that approximately 87.0% of current Alphabet price fluctuation can be explain by its past prices.
Correlation Coefficient-0.87
Spearman Rank Test-0.89
Residual Average0.0
Price Variance230.84

Alphabet Cl A 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 A.
   Regressed Prices   
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       Timeline  

Alphabet Implied Volatility

    
  46.78  
Alphabet's implied volatility exposes the market's sentiment of Alphabet Cl 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.

Becoming a Better Investor with Macroaxis

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Please check Alphabet Correlation, Alphabet Volatility and Alphabet Alpha and Beta module to complement your research on Alphabet. Note that the Alphabet Cl 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 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 Cl A 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...