Alphabet Inc Class C Stock Alpha and Beta Analysis
| GOOG Stock | USD 170.82 0.20 0.12% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Alphabet Inc Class C. It also helps investors analyze the systematic and unsystematic risks associated with investing in Alphabet over a specified time horizon. Remember, high Alphabet's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Alphabet's market risk premium analysis include:
Beta 0.74 | Alpha (0.06) | Risk 1.59 | Sharpe Ratio 0.0431 | Expected Return 0.0687 |
Enterprise Value |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Alphabet |
Alphabet Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Alphabet market risk premium is the additional return an investor will receive from holding Alphabet long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Alphabet. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Alphabet's performance over market.| α | -0.06 | β | 0.74 |
Alphabet expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Alphabet's Buy-and-hold return. Our buy-and-hold chart shows how Alphabet performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Alphabet Market Price Analysis
Market price analysis indicators help investors to evaluate how Alphabet stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Alphabet shares will generate the highest return on investment. By understating and applying Alphabet stock market price indicators, traders can identify Alphabet position entry and exit signals to maximize returns.
Alphabet Return and Market Media
The median price of Alphabet for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 is 166.35 with a coefficient of variation of 4.55. The daily time series for the period is distributed with a sample standard deviation of 7.59, arithmetic mean of 166.86, and mean deviation of 5.6. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| Alphabet dividend paid on 16th of September 2024 | 09/16/2024 |
1 | Sen. Marsha Blackburn probes Meta, Google over potential coordination with top ad firm to listen to Americans phone calls | 09/24/2024 |
2 | ChromeOS gets a big update with Quick Insert, Focus mode, and new AI features | 10/31/2024 |
3 | Disposition of tradable shares by Hennessy John L of Alphabet at 170.03 subject to Rule 16b-3 | 11/11/2024 |
4 | US regulator looks to put Google under federal supervision, Washington Post says | 11/14/2024 |
5 | Recursion Pharmaceuticals CEO sells 301,800 in stock | 11/15/2024 |
6 | Microsoft Ramps Up Automation in the Workplace With Copilot Actions | 11/20/2024 |
7 | Zoom 2.0 relaunches as an AI-first company without video in its name | 11/25/2024 |
About Alphabet Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Alphabet or other stocks. Alpha measures the amount that position in Alphabet Class C has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 55.68 | 51.95 | 56.95 | 43.59 | PTB Ratio | 7.69 | 4.5 | 6.23 | 5.91 |
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 Inc Class C. 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.
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.
Build Portfolio with Alphabet
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Alphabet Backtesting, Alphabet Valuation, Alphabet Correlation, Alphabet Hype Analysis, Alphabet Volatility, Alphabet History and analyze Alphabet Performance. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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.