As of 16 of September Alphabet shows Risk Adjusted Performance of 0.0844, Downside Deviation of 1.46 and Mean Deviation of 1.07. Alphabet 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 future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Alphabet which can be compared to its rivals. Please confirm Alphabet Treynor Ratio as well as the relationship between Downside Variance and Kurtosis to decide if Alphabet is priced correctly providing market reflects its regular price of 1231.3 per share. Given that Alphabet has Jensen Alpha of 0.1253, we suggest you validate Alphabet prevailing market performance to make sure the company can sustain itself at future point.
Alphabet current and past analyst recommendations published by number of research institutions as well as average analyst consensus
|Target Price||Advice||# of Analysts|
|Alphabet Analyst Advice|
|Horizon||30 Days Login to change|
Alphabet Technical Analysis
Alphabet Trend AnalysisUse this graph to draw trend lines for Alphabet. 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 LineThe following chart estimates an ordinary least squares regression model for Alphabet applied against its price change over selected period. The best fit line has a slop of 1.92 % which means Alphabet will continue generating value for investors. It has 122 observation points and a regression sum of squares at 139415.65, which is the sum of squared deviations for the predicted Alphabet price change compared to its average price change.
Alphabet September 16, 2019 Technical Indicators
|Risk Adjusted Performance||0.0844|
|Market Risk Adjusted Performance||0.1317|
|Coefficient Of Variation||1114.66|
|Total Risk Alpha||0.1097|
|Value At Risk||(2.61)|
|Expected Short fall||(1.34)|
Alphabet September 16, 2019 Daily Price Condition
|Daily Balance Of Power||(0.59)|
|Rate Of Daily Change||0.99|
|Day Median Price||1,233|
|Day Typical Price||1,232|
|Price Action Indicator||(5.42)|