GOOG vs. GOOGL: Understanding the Difference
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To understand the difference between Alphabet Inc - Ordinary Shares - Class C (GOOG) and Alphabet Inc - Ordinary Shares - Class A (GOOGL), it's important to know the definitions of Ordinary Shares - Class C and Ordinary Shares - Class A.
Ordinary Shares - Class C refers to ordinary shares that usually have no voting rights, except for specific cases mentioned in the company's reports. Investors holding Class C shares cannot propose mergers, takeovers, or other changes in control, nor participate in proxy contests for director elections. The issuance of Class C shares does not dilute the voting power of Class A and B shareholders. However, Class C stockholders are entitled to an equal share of any authorized dividends, along with Class A and Class B shareholders.
On the other hand, Ordinary Shares - Class A refers to common stocks that typically have more voting rights than Class B shares. Class A shares often come with additional benefits such as priority in dividend distributions and preferences in case of liquidation. They serve to help a company's management maintain control over the company.
When comparing GOOG and GOOGL, we can look at various aspects:
Stock price: GOOG is priced at $125.43, while GOOGL is priced slightly lower at $124.61.
Industry representation: Both companies operate in the Internet Software/Services industry.
Current volume relative to the 65-day Moving Average: GOOG has a volume of 97% compared to its 65-day Moving Average, while GOOGL has a volume of 103%.
Market capitalization: GOOG and GOOGL both have a market capitalization of $1.59 trillion.
Lastly, the reported earning dates for both GOOG and GOOGL are set for July 25, 2023.
Considering the information provided, both GOOG and GOOGL show positive signs for investment in both the long and short term.
GOOGL in -3.23% downward trend, declining for three consecutive days on September 20, 2023
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where GOOGL declined for three days, in of 276 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 73 cases where GOOGL's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on September 20, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on GOOGL as a result. In of 94 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for GOOGL turned negative on September 20, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at .
GOOGL broke above its upper Bollinger Band on August 29, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GOOGL advanced for three days, in of 349 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 335 cases where GOOGL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. GOOGL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 93, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (6.313) is normal, around the industry mean (17.194). P/E Ratio (28.249) is within average values for comparable stocks, (41.413). Projected Growth (PEG Ratio) (1.269) is also within normal values, averaging (3.543). Dividend Yield (0.000) settles around the average of (0.025) among similar stocks. P/S Ratio (5.959) is also within normal values, averaging (8.583).
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a holding company with interests in software, health care, transportation and other technologies
Industry InternetSoftwareServices
GOOGL and
Correlation & Price change
A.I.dvisor indicates that over the last year, GOOGL has been closely correlated with GOOG. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if GOOGL jumps, then GOOG could also see price increases.
| Ticker / NAME | Correlation To GOOGL | 1D Price Change % | ||
|---|---|---|---|---|
| GOOGL | 100% | -2.47% | ||
| GOOG - GOOGL | 100% Closely correlated | -2.41% | ||
| META - GOOGL | 61% Loosely correlated | -1.31% | ||
| SPOT - GOOGL | 57% Loosely correlated | -4.17% | ||
| PINS - GOOGL | 49% Loosely correlated | -2.11% | ||
| Z - GOOGL | 48% Loosely correlated | -3.66% | ||
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