Alphabet Beta

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Beta Analysis

Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of financial instrument to the financial market in which this instrument is traded. For example if Beta of equity is 2, it will be expected to significantly outperform market when market is going up and significantly underperform when market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns during over time.
Alphabet 
Beta 
 = 
Covariance 
Variance 
 = 
1.03

Distress Driver Correlations

About Beta

In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Compare to competition

Alphabet Beta Assessment

 Beta 
Benchmark  Embed   Alphabet Comparables 
In accordance with recently published financial statements Alphabet Inc has Beta of 1.03. This is much higher than that of the IT sector, and significantly higher than that of Search Cloud And Integrated IT Services industry, The Beta for all stocks is over 1000% lower than the firm.
Peer Comparison
Alphabet Beta Comparison
  Beta 
Benchmark  Embed   Alphabet Comparables 
Alphabet is currently under evaluation in beta category among related companies.
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Alphabet returns are very sensitive to returns on the market. As market goes up or down, Alphabet is expected to follow.
Return On Equity0.15 %
Return On Asset0.09 %
Profit Margin0.22 %
Operating Margin26.25 %
Current Valuation477.7 B
Shares Outstanding687.77 M
Shares Owned by Insiders0.01 %
Shares Owned by Institutions73.10 %
Number of Shares Shorted2.43 M
Price to Earning29.57 times
Price to Book4.15 times
Price to Sales6.51 times
Revenue90.27 B
Gross Profit40.31 B
EBITDA29.86 B
Net Income19.48 B
Cash and Equivalents83.06 B
Cash per Share120.50 times
Total Debt3.94 B
Debt to Equity0.03 times
Current Ratio6.88 times
Book Value Per Share194.60 times
Cash Flow from Operations36.04 B
Short Ratio1.40 times
Earnings Per Share27.32 times
Price to Earnings To Growth1.26 times
Number of Employees69.95 K
Beta1.03
Market Capitalization562.48 B
Total Asset167.5 B
Retained Earnings85.97 B
Working Capital88.65 B
Current Asset105.41 B
Current Liabilities16.76 B
Z Score85.2