Alphabet Inc Class A Stock Technical Analysis
| GOOGL Stock | USD 165.77 10.21 5.80% |
As of the 21st of November, Alphabet shows the Downside Deviation of 1.64, risk adjusted performance of 0.0519, and Mean Deviation of 1.12. Alphabet Class A technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Alphabet Class A standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if Alphabet Class A is priced correctly, providing market reflects its regular price of 165.77 per share. Given that Alphabet has jensen alpha of 0.0015, we suggest you to validate Alphabet Inc Class A's prevailing market performance to make sure the company can sustain itself at a future point.
Alphabet Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Alphabet, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to AlphabetAlphabet |
Alphabet Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 152.81 | Strong Buy | 60 | Odds |
Most Alphabet analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Alphabet stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Alphabet Class A, talking to its executives and customers, or listening to Alphabet conference calls.
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.
Alphabet Class A Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Alphabet Class A volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Alphabet Class A Trend Analysis
Use this graph to draw trend lines for Alphabet Inc Class A. You can use it to identify possible trend reversals for Alphabet as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Alphabet price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Alphabet Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Alphabet Inc Class A applied against its price change over selected period. The best fit line has a slop of 0.36 , which means Alphabet Inc Class A will continue generating value for investors. It has 122 observation points and a regression sum of squares at 4996.64, which is the sum of squared deviations for the predicted Alphabet price change compared to its average price change.About Alphabet Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Alphabet Inc Class A on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Alphabet Inc Class A based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Alphabet Class A price pattern first instead of the macroeconomic environment surrounding Alphabet Class A. By analyzing Alphabet's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Alphabet's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Alphabet specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 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 November 21, 2024 Technical Indicators
Most technical analysis of Alphabet help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Alphabet from various momentum indicators to cycle indicators. When you analyze Alphabet charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Risk Adjusted Performance | 0.0519 | |||
| Market Risk Adjusted Performance | 0.0971 | |||
| Mean Deviation | 1.12 | |||
| Semi Deviation | 1.55 | |||
| Downside Deviation | 1.64 | |||
| Coefficient Of Variation | 1599.96 | |||
| Standard Deviation | 1.44 | |||
| Variance | 2.07 | |||
| Information Ratio | (0) | |||
| Jensen Alpha | 0.0015 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.0871 | |||
| Maximum Drawdown | 5.83 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 2.34 | |||
| Downside Variance | 2.7 | |||
| Semi Variance | 2.41 | |||
| Expected Short fall | (1.06) | |||
| Skewness | (0.30) | |||
| Kurtosis | 0.8115 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Alphabet Inc Class A. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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. 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.
Quarterly Earnings Growth 0.366 | Dividend Share 0.4 | Earnings Share 7.44 | Revenue Per Share 27.443 | Quarterly Revenue Growth 0.151 |
The market value of Alphabet Class 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 if Alphabet is a good investment 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.