Genco Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Genco Shipping's historical fundamentals, such as revenue growth or operating cash flow patterns.
Genco
Genco Shipping Trading has current Price Action Indicator of (0.01). Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.
On November 25 2024 Genco Shipping Trading was traded for 15.73 at the closing time. The maximum traded price for the trading interval was 15.73 and the lowest daily price was 15.49 . There was no trading activity during the period 0.0. Lack of trading volume on 25th of November 2024 did not cause price change. The overall trading delta to the closing price today is 1.46% .
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
For every potential investor in Genco, whether a beginner or expert, Genco Shipping's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Genco Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Genco. Basic forecasting techniques help filter out the noise by identifying Genco Shipping's price trends.
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Genco Shipping stock to make a market-neutral strategy. Peer analysis of Genco Shipping could also be used in its relative valuation, which is a method of valuing Genco Shipping by comparing valuation metrics with similar companies.
Genco Shipping Trading Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Genco Shipping's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Genco Shipping's current price.
Market strength indicators help investors to evaluate how Genco Shipping stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Genco Shipping shares will generate the highest return on investment. By undertsting and applying Genco Shipping stock market strength indicators, traders can identify Genco Shipping Trading entry and exit signals to maximize returns.
The analysis of Genco Shipping's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Genco Shipping's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting genco stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Additional Information and Resources on Investing in Genco Stock
When determining whether Genco Shipping Trading is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Genco Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Genco Shipping Trading Stock. Highlighted below are key reports to facilitate an investment decision about Genco Shipping Trading Stock:
Please note, there is a significant difference between Genco Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genco Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genco Shipping's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.