Alphabet Volatility
What is the Volatility of Alphabet?
The Volatility of Alphabet Inc. is 3.03%
What is the definition of Volatility?
Volatility or average true range percent (ATRP 14) is the ATR expressed as a percentage of closing price.
14-day average true range percent
Average true range percent (ATRP) measures volatility on a relative level. This is opposed to the ATR, which measures volatility on an absolute level. ATRP allows securities to be compared whereas ATR does not. That means lower-priced stocks won't necessarily have lower ATR values than higher-priced stocks.
The period used in the calculation is 14 days and the normalized indicator oscillates between 0 and 100 percent of recent price variation. Importantly, the indicator doesn't predict the direction of price but it describes the current volatility. The volatility is comparable across all securities and all markets.
Volatility expresses the degree of price movement. The use of ATRP as volatility compared to ATR is preferred in cases when different securities or different time periods are compared. Examples are stock screening, filtering strategies, and studying seasonality and volatility patterns over long periods of time and different markets
Volatility of companies in the Miscellaneous sector on LSE compared to Alphabet
What does Alphabet do?
Alphabet Inc. provides various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment offers products and services, including ads, Android, Chrome, hardware, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of apps and in-app purchases and digital content in the Google Play store; and Fitbit wearable devices, Google Nest home products, Pixel phones, and other devices, as well as in the provision of YouTube non-advertising services. The Google Cloud segment offers infrastructure, platform, and other services; Google Workspace that include cloud-based collaboration tools for enterprises, such as Gmail, Docs, Drive, Calendar, and Meet; and other services for enterprise customers. The Other Bets segment sells health technology and internet services. The company was founded in 1998 and is headquartered in Mountain View, California.
Companies with volatility similar to Alphabet
- Academy Metals has Volatility of 3.02%
- Rathdowney Resources has Volatility of 3.02%
- ABB Ltd has Volatility of 3.02%
- DexCom has Volatility of 3.02%
- Essex Bio-Technology has Volatility of 3.02%
- Twitter has Volatility of 3.02%
- Alphabet has Volatility of 3.03%
- Edenred SA has Volatility of 3.04%
- Amara Raja Batteries has Volatility of 3.04%
- Keyware Technologies NV has Volatility of 3.04%
- Mulvihill S Split has Volatility of 3.04%
- Mexan has Volatility of 3.04%
- SugarBud Craft Growers has Volatility of 3.04%