Alphabet (UK) Market Value
| 0RIH Stock | 164.50 1.35 0.83% |
| Symbol | Alphabet |
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.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Alphabet on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Alphabet Class A or generate 0.0% return on investment in Alphabet over 90 days. Alphabet is related to or competes with Symphony Environmental, Vulcan Materials, Ashtead Technology, Made Tech, Take Two, Vitec Software, and Molson Coors. Alphabet is entity of United Kingdom. It is traded as Stock on LSE exchange. 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 Class A upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0268 | |||
| Maximum Drawdown | 16.5 | |||
| Value At Risk | (6.91) | |||
| Potential Upside | 5.22 |
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.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | 0.0021 | |||
| Total Risk Alpha | 0.4781 | |||
| Treynor Ratio | (0.14) |
Alphabet Class A Backtested Returns
Alphabet Class A secures Sharpe Ratio (or Efficiency) of -0.0793, which signifies that the company had a -0.0793 % return per unit of risk over the last 3 months. Alphabet Class A exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alphabet's Standard Deviation of 3.18, mean deviation of 2.1, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.42, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Alphabet's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alphabet is expected to be smaller as well. At this point, Alphabet Class A has a negative expected return of -0.25%. Please make sure to confirm Alphabet's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Alphabet Class A performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.02 |
Very weak reverse predictability
Alphabet Class A has very weak reverse predictability. Overlapping area represents the amount of predictability between Alphabet time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 2025. 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 Class A price movement. The serial correlation of -0.02 indicates that only 2.0% of current Alphabet price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 102.12 |
Alphabet Class 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 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 price movement to match the lagging time series.
Current and Lagged Values |
| 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 |
| 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 Class A.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional 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.