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
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Backtest

Alphabet 'What if' Analysis

January 25, 2017
 0.00 
No Change 0.00  0.0%
In 31 days
February 24, 2017
 0.00 
If you would invest  0.00  in Alphabet on January 25, 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 FIN, CA INC, GARTNER INC, Sabre, and MS INSD. 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 to be not too risky. Alphabet Inc secures Sharpe Ratio (or Efficiency) of -0.0501 which signifies that Alphabet Inc had -0.0501% of return per unit of risk over the last 1 month. Macroaxis philosophy towards foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators. Alphabet Inc exposes twenty-one different technical indicators which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Alphabet Inc Risk Adjusted Performance of (0.02) and Mean Deviation of 0.4712 to double-check risk estimate we provide. Macroaxis gives Alphabet performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.4598 which signifies that as returns on market increase, Alphabet returns are expected to increase less than the market. However during bear market, the loss on holding Alphabet will be expected to be smaller as well.. Even though it is essential to pay attention to Alphabet Inc historical returns, it is always good to be careful when utilizing equity current trading patterns. Macroaxis philosophy towards foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Alphabet Inc exposes twenty-one different technical indicators which can help you to evaluate its performance. Alphabet Inc has expected return of -0.0359%. Please be advised to confirm Alphabet Inc Treynor Ratio as well as the relationship between Downside Variance and Kurtosis to decide if Alphabet Inc past performance will be repeated at some point in the near future.
Advice Volatility Trend Exposure 
15 days auto-correlation(0.72) 

Almost perfect reverse predictability

Alphabet Inc has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Alphabet time series from January 25, 2017 to February 9, 2017 and February 9, 2017 to February 24, 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 -0.72 indicates that around 72.0% 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 -0.72
Spearman Rank Test -0.15
Price Variance 51.53
Lagged Price Variance 186.43

Alphabet Lagged Returns

 Regressed Prices 
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Alphabet Performance vs NYSE

The median price of Alphabet for the period between Wed, Jan 25, 2017 and Fri, Feb 24, 2017 is 819.24 with a coefficient of variation of 1.62. The daily time series for the period is distributed with a sample standard deviation of 13.26, arithmetic mean of 816.33, and mean deviation of 11.68. The Stock received some media coverage during the period.
Price Growth (%)  
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