Alphabet Backtesting

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Alphabet Inc and determine expected loss or profit from investing in Alphabet over given investment horizon. Please also check Alphabet Hype Analysis, Alphabet Correlation, Alphabet Valuation, Alphabet Volatility as well as analyze Alphabet Alpha and Beta and Alphabet Performance
Investment Horizon     30 Days    Login   to change

Alphabet 'What if' Analysis

March 28, 2017
No Change 0.00  0.0%
In 31 days
April 27, 2017
If you would invest  0.00  in Alphabet on March 28, 2017 and sell it all today you would earn a total of 0.00 from holding Alphabet Inc or generate 0.0% return on investment in Alphabet over 30 days. Alphabet is related to or competes with Broadridge Financial, CA, Gartner, and Sabre. Alphabet Inc offers performance and brand advertising services

Alphabet Upside/Downside Indicators


Alphabet Market Premium Indicators

Alphabet Inc lagged returns against current returns

 Current and Lagged Values 
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Alphabet regressed lagged prices vs. current prices

 Current vs Lagged Prices 
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Alphabet Inc Backtested Returns

Macroaxis considers Alphabet not too risky given 1 month investment horizon. Alphabet Inc secures Sharpe Ratio (or Efficiency) of 0.3824 which signifies that Alphabet Inc had 0.3824% of return per unit of risk over the last 1 month. Our philosophy towards foreseeing volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Alphabet Inc which you can use to evaluate future volatility of the firm. Please makes use of Alphabet Inc Coefficient Of Variation of 260.77, Risk Adjusted Performance of 0.1991 and Mean Deviation of 0.5593 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100 Alphabet holds performance score of 26. The firm shows Beta (market volatility) of -0.1201 which signifies that as returns on market increase, returns on owning Alphabet are expected to decrease at a much smaller rate. During bear market, Alphabet is likely to outperform the market.. Although it is vital to follow to Alphabet Inc historical returns, it is good to be conservative about what you can actually do with the information about equity current trading patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By analyzing Alphabet Inc technical indicators you can presently evaluate if the expected return of 0.2891% will be sustainable into the future. Please makes use of Alphabet Inc Semi Variance, and the relationship between Maximum Drawdown and Accumulation Distribution to make a quick decision on weather Alphabet price patterns will revert.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.41) 

Modest reverse predictability

Alphabet Inc has modest reverse predictability. Overlapping area represents the amount of predictability between Alphabet time series from March 28, 2017 to April 12, 2017 and April 12, 2017 to April 27, 2017. 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 Inc price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Alphabet price fluctuation can be explain by its past prices. Given that Alphabet Inc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Alphabet for similar time interval.
Correlation Coefficient -0.41
Spearman Rank Test -0.4
Price Variance 331.13
Lagged Price Variance 25.08

Alphabet Lagged Returns

 Regressed Prices 
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Alphabet Performance vs NYSE

The median price of Alphabet for the period between Tue, Mar 28, 2017 and Thu, Apr 27, 2017 is 831.5 with a coefficient of variation of 1.8. The daily time series for the period is distributed with a sample standard deviation of 15.08, arithmetic mean of 835.89, and mean deviation of 10.84. The Stock received some media coverage during the period.
Price Growth (%)  
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Alphabet Inc Stock Might Have a Chink in Its Armor03/28/2017
Alphabet Inc Could not Sink Itself if It Tried04/26/2017