The firm shows Beta (market volatility) of 1.1099 which signifies that Alphabet returns are very sensitive to returns on the market. as market goes up or down, Alphabet is expected to follow. Even though it is essential to pay attention to Alphabet
historical returns, it is always good to be careful when utilizing equity current trending 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 exposes twenty-one different technical indicators which can help you to evaluate its performance. Alphabet
has expected return of -0.0486%. Please be advised to confirm Alphabet Treynor Ratio
as well as the relationship
between Downside Variance
to decide if Alphabet
past performance will be repeated at some point in the near future.
Over the last 30 days Alphabet has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of rather sound fundamental drivers, Alphabet is not utilizing all of its potentials. The current stock price tumult, may contribute to shorter-term losses for the shareholders.
|Fifty Two Week Low||970.11|
|Target High Price||1,420.00|
|Fifty Two Week High||1,289.27|
|Target Low Price||1,080.00|