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

December 17, 2016
No Change 0.00  0.0%
In 31 days
January 16, 2017
If you would invest  0.00  in Alphabet on December 17, 2016 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 Facebook, BAIDU, YAHOO INC, JD, AKAMAI TECH, and WACHOVIA CP. 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

We consider Alphabet not too risky. Alphabet Inc secures Sharpe Ratio (or Efficiency) of 0.1252 which signifies that Alphabet Inc had 0.1252% 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-eight technical indicators for Alphabet Inc which you can use to evaluate future volatility of the firm. Please confirm Alphabet Inc Downside Deviation of 0.6935, Risk Adjusted Performance of 0.0489 and Mean Deviation of 0.4851 to double-check if risk estimate we provide are consistent with the epected return of 0.0925%. Alphabet has performance score of 8 on a scale of 0 to 100. The firm shows Beta (market volatility) of 0.6002 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.. Although it is extremely important to respect Alphabet Inc historical returns, it is beter to be realistic about what you can 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 0.0925% will be sustainable into the future. Alphabet Inc right now shows risk of 0.7386%. Please confirm Alphabet Inc Downside Variance, and the relationship between Treynor Ratio and Kurtosis to decide if Alphabet Inc will be following its price patterns.
Advice Volatility Trend Exposure 
15 days auto-correlation(0.67) 

Very good reverse predictability

Alphabet Inc has very good reverse predictability. Overlapping area represents the amount of predictability between Alphabet time series from December 17, 2016 to January 1, 2017 and January 1, 2017 to January 16, 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 -0.67 indicates that around 67.0% 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 -0.67
Spearman Rank Test -0.75
Price Variance 71.01
Lagged Price Variance 47.9

Alphabet Lagged Returns

 Regressed Prices 
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Alphabet Performance vs NYSE

The median price of Alphabet for the period between Sat, Dec 17, 2016 and Mon, Jan 16, 2017 is 794.56 with a coefficient of variation of 1.18. The daily time series for the period is distributed with a sample standard deviation of 9.34, arithmetic mean of 794.83, and mean deviation of 7.17. The Stock received some media coverage during the period.
Price Growth (%)  
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