Alphabet Competitors
| GOOGL Stock | USD 339.71 3.98 1.16% |
Alphabet vs Garmin Correlation
Significant diversification
The correlation between Alphabet Inc Class A and GRMN is 0.05 (i.e., Significant diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Alphabet Inc Class A and GRMN in the same portfolio, assuming nothing else is changed.
Moving together with Alphabet Stock
Moving against Alphabet Stock
| 0.85 | PSQH | PSQ Holdings | PairCorr |
| 0.84 | SLE | Super League Enterprise | PairCorr |
| 0.82 | TZOO | Travelzoo | PairCorr |
| 0.77 | IZEA | IZEA Inc | PairCorr |
| 0.76 | YOO | Yangaroo | PairCorr |
Alphabet Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Alphabet and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Alphabet and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Alphabet Class A does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Alphabet Stock performing well and Alphabet Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Alphabet's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| MSFT | 1.22 | (0.37) | 0.00 | (2.30) | 0.00 | 1.78 | 13.28 | |||
| META | 1.63 | (0.12) | 0.00 | (0.07) | 0.00 | 3.43 | 13.36 | |||
| AAPL | 0.75 | (0.02) | (0.04) | 0.01 | 0.99 | 1.97 | 5.62 | |||
| TSM | 1.56 | 0.15 | 0.08 | 0.17 | 1.78 | 3.27 | 9.62 | |||
| NVDA | 1.67 | (0.14) | 0.00 | (0.18) | 0.00 | 2.99 | 10.18 | |||
| AVGO | 2.10 | (0.09) | 0.00 | 0.89 | 0.00 | 3.49 | 22.53 | |||
| CSCO | 1.07 | 0.15 | 0.09 | 0.48 | 1.13 | 2.96 | 8.38 | |||
| FLEX | 2.32 | (0.03) | 0.00 | 0.03 | 2.66 | 5.23 | 12.35 | |||
| MGIC | 1.99 | 0.37 | 0.12 | (0.69) | 2.18 | 4.98 | 16.15 | |||
| GRMN | 1.19 | (0.31) | 0.00 | (0.21) | 0.00 | 2.62 | 11.48 |
Cross Equities Net Income Analysis
Compare Alphabet Class A and related stocks such as Microsoft, Meta Platforms, and Apple Inc Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MSFT | 39.3 M | 17 B | 21.9 B | 22.1 B | 12.2 B | 20.5 B | 25.5 B | 16.6 B | 39.2 B | 44.3 B | 61.3 B | 72.7 B | 72.4 B | 88.1 B | 101.8 B | 117.1 B | 123 B |
| META | (138 M) | 1000 M | 53 M | 1.5 B | 2.9 B | 3.7 B | 10.2 B | 15.9 B | 22.1 B | 18.5 B | 29.1 B | 39.4 B | 23.2 B | 39.1 B | 62.4 B | 60.5 B | 63.5 B |
| AAPL | 61.2 M | 41.7 B | 37 B | 39.5 B | 53.4 B | 45.7 B | 48.4 B | 59.5 B | 55.3 B | 57.4 B | 94.7 B | 99.8 B | 97 B | 93.7 B | 112 B | 128.8 B | 135.3 B |
| TSM | 18 B | 134.2 B | 159.5 B | 184 B | 254.3 B | 302.9 B | 331.7 B | 345 B | 363.1 B | 353.9 B | 510.7 B | 592.4 B | 992.9 B | 851.7 B | 1.2 T | 1.7 T | 1.8 T |
| NVDA | 4.1 M | 581.1 M | 562.5 M | 440 M | 631 M | 614 M | 1.7 B | 3 B | 4.1 B | 2.8 B | 4.3 B | 9.8 B | 4.4 B | 29.8 B | 72.9 B | 83.8 B | 88 B |
| AVGO | (251 M) | 563 M | 552 M | 263 M | 1.4 B | (1.7 B) | 1.7 B | 12.3 B | 2.7 B | 3 B | 6.7 B | 11.5 B | 14.1 B | 5.9 B | 23.1 B | 26.6 B | 27.9 B |
| CSCO | 400 K | 8 B | 10 B | 7.9 B | 9 B | 10.7 B | 9.6 B | 110 M | 11.6 B | 11.2 B | 10.6 B | 11.8 B | 12.6 B | 10.3 B | 10.2 B | 11.7 B | 12.3 B |
| FLEX | 1.3 M | 488.8 M | 277.1 M | 365.6 M | 600.8 M | 444.1 M | 319.6 M | 428.5 M | 93 M | 88 M | 613 M | 936 M | 793 M | 1 B | 838 M | 963.7 M | 1 B |
| MGIC | 1000 K | 15 M | 16.2 M | 15.9 M | 15.4 M | 16.2 M | 14.2 M | 15.4 M | 19.9 M | 20.3 M | 25.2 M | 29.8 M | 40.5 M | 37 M | 36.9 M | 42.4 M | 44.5 M |
| GRMN | 64.2 M | 520.9 M | 542.4 M | 612.4 M | 364.2 M | 456.2 M | 510.8 M | 695 M | 694.1 M | 952.5 M | 992.3 M | 1.1 B | 973.6 M | 1.3 B | 1.4 B | 1.6 B | 1.7 B |
Alphabet Class A and related stocks such as Microsoft, Meta Platforms, and Apple Inc Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Alphabet Class A financial statement analysis. It represents the amount of money remaining after all of Alphabet Inc Class A operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Alphabet Competitive Analysis
The better you understand Alphabet competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Alphabet's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Alphabet's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Alphabet Competition Performance Charts
Five steps to successful analysis of Alphabet Competition
Alphabet's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Alphabet Class A in relation to its competition. Alphabet's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Alphabet in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Alphabet's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Alphabet Class A, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Alphabet Correlation with its peers. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Interactive Media & Services space 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. Market participants price Alphabet higher when confident in its future expansion prospects. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Alphabet assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth 0.353 | Dividend Share 1.02 | Earnings Share 10.11 | Revenue Per Share | Quarterly Revenue Growth 0.159 |
Investors evaluate Alphabet Class A using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Alphabet's intrinsic value—the estimated true worth—helps identify when the stock trades at a discount or premium to fair value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. External factors like market trends, sector rotation, and investor psychology can cause Alphabet's market price to deviate significantly 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 if Alphabet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Alphabet's market price signifies the transaction level at which participants voluntarily complete trades.