Alphabet Inc shows Coefficient Of Variation
of 260.77, Risk Adjusted Performance
of 0.1991 and Mean Deviation
of 0.5593. Alphabet Inc 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 eighteen technical drivers
for Alphabet Inc which can be compared to its rivals. Please confirm Alphabet Inc Variance
, Maximum Drawdown
as well as the relationship
between Maximum Drawdown and Semi Variance
to decide if Alphabet Inc is priced correctly providing market reflects its regular price of 874.77 per share. Given that Alphabet has Treynor Ratio
, we suggest you validate Alphabet Inc prevailing market performance to make sure the company can sustain itself at future point.
Alphabet Inc Trend Analysis
Use this graph to draw trend lines for Alphabet Inc. 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 Line
The following chart estimates an ordinary least squares regression model for Alphabet Inc applied against its price change over selected period. The best fit line has a slop of 1.92 %
which means Alphabet Inc will continue generating value for investors. It has 44 observation points and a regression sum of squares at 6559.89, which is the sum of squared deviations for the predicted Alphabet price change compared to its average price change.