Alphabet Total Risk Alpha

GOGL34 Stock  BRL 126.11  -0.80  -0.63%   
Technical inputs supporting the Total Risk Alpha indicator for Alphabet are shown here. Coverage differences may occur across instruments and market segments. Alphabet has a market cap of 6.23 T, operating margin of 26.46%, current ratio of 2.81. For allocation context, review Risk vs Return Analysis. Including Alphabet in a portfolio enables allocation and risk analysis. Each holding is sized according to the methodology applied during portfolio construction. Broader economic conditions can influence Alphabet's company valuation — related indicators include signals in nation.
Alphabet has current Total Risk Alpha of -0.05. The total risk alpha measures the performance of an asset by comparing its returns with those of a selected benchmark portfolio.

Total Risk Alpha

 = 

RFR + (ER[b] - ER[a])

x

STD[a] / STD[b]

 = 
-0.05
ER[a] = Expected return on investing in Alphabet
ER[b] = Expected return on market index or selected benchmark
STD[a] =   Standard Deviation of returns on Alphabet
STD[b] = Standard Deviation of selected market or benchmark
RFR = Risk Free Rate of return. Typically T-Bill Rate

Total Risk Alpha Peers Comparison

Total Risk Alpha Relative To Other Indicators

Alphabet is rated fifth in total risk alpha among leading competitors. It is rated below average in maximum drawdown among leading competitors .
The benchmark portfolio represents the market risk matched to the total risk of the stock ETF or fund. Compare Alphabet to Peers

Other Technical Indicators