Genoway (France) Odds of Future Stock Price Finishing Under 3.76
| ALGEN Stock | EUR 3.97 0.05 1.28% |
Genoway |
Genoway Target Price Odds to finish below 3.76
The tendency of Genoway Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to € 3.76 or more in 90 days |
| 3.97 | 90 days | 3.76 | about 62.78 |
Based on a normal probability distribution, the odds of Genoway to drop to € 3.76 or more in 90 days from now is about 62.78 (This Genoway probability density function shows the probability of Genoway Stock to fall within a particular range of prices over 90 days) . Probability of Genoway price to stay between € 3.76 and its current price of €3.97 at the end of the 90-day period is about 32.79 .
Assuming the 90 days trading horizon Genoway has a beta of 0.5. This suggests as returns on the market go up, Genoway average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Genoway will be expected to be much smaller as well. Additionally Genoway has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Genoway Price Density |
| Price |
Predictive Modules for Genoway
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Genoway. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Genoway Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Genoway is not an exception. The market had few large corrections towards the Genoway's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Genoway, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Genoway within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 0.50 | |
σ | Overall volatility | 0.15 | |
Ir | Information ratio | -0.04 |
Genoway Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Genoway for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Genoway can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| The company reported the revenue of 14.02 M. Net Loss for the year was (322.6 K) with profit before overhead, payroll, taxes, and interest of 10.2 M. | |
| Genoway has accumulated about 0 in cash with (561.34 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.52. | |
| Roughly 13.0% of the company shares are held by company insiders |
Genoway Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Genoway Stock often depends not only on the future outlook of the current and potential Genoway's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Genoway's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 31.4 M | |
| Cash And Short Term Investments | 5.6 M |
Genoway Technical Analysis
Genoway's future price can be derived by breaking down and analyzing its technical indicators over time. Genoway Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Genoway. In general, you should focus on analyzing Genoway Stock price patterns and their correlations with different microeconomic environments and drivers.
Genoway Predictive Forecast Models
Genoway's time-series forecasting models is one of many Genoway's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Genoway's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Genoway
Checking the ongoing alerts about Genoway for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Genoway help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| The company reported the revenue of 14.02 M. Net Loss for the year was (322.6 K) with profit before overhead, payroll, taxes, and interest of 10.2 M. | |
| Genoway has accumulated about 0 in cash with (561.34 K) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.52. | |
| Roughly 13.0% of the company shares are held by company insiders |
Additional Tools for Genoway Stock Analysis
When running Genoway's price analysis, check to measure Genoway's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Genoway is operating at the current time. Most of Genoway's value examination focuses on studying past and present price action to predict the probability of Genoway's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genoway's price. Additionally, you may evaluate how the addition of Genoway to your portfolios can decrease your overall portfolio volatility.