Alphabet Stock Market Value

GOOGL
 Stock
  

USD 100.44  0.55  0.54%   

Alphabet Inc's market value is the price at which a share of Alphabet Inc stock trades on a public exchange. It measures the collective expectations of Alphabet Inc Class investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Alphabet Inc Class and determine expected loss or profit from investing in Alphabet Inc over a given investment horizon. Please check Alphabet Inc Correlation, Alphabet Inc Volatility and Alphabet Inc Alpha and Beta module to complement your research on Alphabet Inc.
Symbol


Is Alphabet Inc'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 Inc. 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 Inc 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 Class 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 Inc's value that differs from its market value or its book value, called intrinsic value, which is Alphabet Inc'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 Inc's market value can be influenced by many factors that don't directly affect Alphabet Inc'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 Inc's value and its price as these two are different measures arrived at by different means. Investors typically determine Alphabet Inc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alphabet Inc'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 Inc '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 Inc'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 Inc.
0.00
11/03/2022
No Change 0.00  0.0 
In 31 days
12/03/2022
0.00
If you would invest  0.00  in Alphabet Inc on November 3, 2022 and sell it all today you would earn a total of 0.00 from holding Alphabet Inc Class or generate 0.0% return on investment in Alphabet Inc over 30 days. Alphabet Inc is related to or competes with Beachbody, and Fiverr International. Alphabet Inc. provides various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pa... More

Alphabet Inc 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 Inc'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 Inc Class upside and downside potential and time the market with a certain degree of confidence.

Alphabet Inc Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Alphabet Inc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alphabet Inc's standard deviation. In reality, there are many statistical measures that can use Alphabet Inc historical prices to predict the future Alphabet Inc'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 Inc'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 Inc in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
97.87100.53103.19
Details
Intrinsic
Valuation
LowReal ValueHigh
90.40877.61880.27
Details
34 Analysts
Consensus
LowTarget PriceHigh
2,2003,2113,925
Details
Earnings
Estimates (12)
LowProjected EPSHigh
105.99108.43111.22
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Alphabet Inc. Your research has to be compared to or analyzed against Alphabet Inc's peers to derive any actionable benefits. When done correctly, Alphabet Inc'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 Class.

Alphabet Class Backtested Returns

Alphabet Class secures Sharpe Ratio (or Efficiency) of -0.0229, which signifies that the company had -0.0229% 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 Inc Class exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Alphabet Class risk adjusted performance of (0.039529), and Mean Deviation of 1.93 to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 1.2647, 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 Inc will likely underperform. Even though it is essential to pay attention to Alphabet Class 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 Inc Class exposes twenty-seven different technical indicators, which can help you to evaluate its performance. Alphabet Class has an expected return of -0.061%. Please be advised to confirm Alphabet Class maximum drawdown, as well as the relationship between the expected short fall and rate of daily change to decide if Alphabet Class performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.55  

Modest predictability

Alphabet Inc Class has modest predictability. Overlapping area represents the amount of predictability between Alphabet Inc time series from 3rd of November 2022 to 18th of November 2022 and 18th of November 2022 to 3rd of December 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 Class price movement. The serial correlation of 0.55 indicates that about 55.0% of current Alphabet Inc price fluctuation can be explain by its past prices.
Correlation Coefficient0.55
Spearman Rank Test0.66
Residual Average0.0
Price Variance4.42

Alphabet Class lagged returns against current returns

Autocorrelation, which is Alphabet Inc 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 Inc's stock expected returns. We can calculate the autocorrelation of Alphabet Inc returns to help us make a trade decision. For example, suppose you find that Alphabet Inc 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 Inc 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 Inc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alphabet Inc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alphabet Inc stock over time.
   Current vs Lagged Prices   
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       Timeline  

Alphabet Inc Lagged Returns

When evaluating Alphabet Inc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alphabet Inc stock have on its future price. Alphabet Inc 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 Inc autocorrelation shows the relationship between Alphabet Inc stock current value and its past values and can show if there is a momentum factor associated with investing in Alphabet Inc Class.
   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 Inc without increasing your portfolio risk or giving up the 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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Analyst recommendations and target price estimates broken down by several categories
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Please check Alphabet Inc Correlation, Alphabet Inc Volatility and Alphabet Inc Alpha and Beta module to complement your research on Alphabet Inc. Note that the Alphabet Class information on this page should be used as a complementary analysis to other Alphabet Inc'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 Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

Complementary Tools for Alphabet Stock analysis

When running Alphabet Class price analysis, check to measure Alphabet Inc'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 Inc is operating at the current time. Most of Alphabet Inc's value examination focuses on studying past and present price action to predict the probability of Alphabet Inc's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Alphabet Inc's price. Additionally, you may evaluate how the addition of Alphabet Inc to your portfolios can decrease your overall portfolio volatility.
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Alphabet Inc 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 Inc technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alphabet Inc 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...