Genco Shipping (Germany) Probability of Future Stock Price Finishing Over 18.01
| GNU1 Stock | EUR 14.12 0.53 3.62% |
Genco |
Genco Shipping Target Price Odds to finish over 18.01
The tendency of Genco 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 move over € 18.01 or more in 90 days |
| 14.12 | 90 days | 18.01 | near 1 |
Based on a normal probability distribution, the odds of Genco Shipping to move over € 18.01 or more in 90 days from now is near 1 (This Genco Shipping Trading probability density function shows the probability of Genco Stock to fall within a particular range of prices over 90 days) . Probability of Genco Shipping Trading price to stay between its current price of € 14.12 and € 18.01 at the end of the 90-day period is about 92.61 .
Assuming the 90 days trading horizon Genco Shipping has a beta of 0.92. This usually indicates Genco Shipping Trading market returns are reactive to returns on the market. As the market goes up or down, Genco Shipping is expected to follow. Additionally Genco Shipping Trading 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. Genco Shipping Price Density |
| Price |
Predictive Modules for Genco Shipping
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Genco Shipping Trading. 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.Genco Shipping Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Genco Shipping is not an exception. The market had few large corrections towards the Genco Shipping'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 Genco Shipping Trading, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Genco Shipping within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.13 | |
β | Beta against Dow Jones | 0.92 | |
σ | Overall volatility | 0.82 | |
Ir | Information ratio | -0.07 |
Genco Shipping 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 Genco Shipping for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Genco Shipping Trading can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Genco Shipping generated a negative expected return over the last 90 days | |
| Genco Shipping has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 536.93 M. Net Loss for the year was (103.24 M) with profit before overhead, payroll, taxes, and interest of 256.45 M. | |
| About 56.0% of the company shares are owned by institutional investors |
Genco Shipping 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 Genco Stock often depends not only on the future outlook of the current and potential Genco Shipping'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. Genco Shipping's indicators that are reflective of the short sentiment are summarized in the table below.
| Dividend Yield | 0.1399 | |
| Forward Annual Dividend Rate | 2.46 | |
| Shares Float | 41.8 M |
Genco Shipping Technical Analysis
Genco Shipping's future price can be derived by breaking down and analyzing its technical indicators over time. Genco Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Genco Shipping Trading. In general, you should focus on analyzing Genco Stock price patterns and their correlations with different microeconomic environments and drivers.
Genco Shipping Predictive Forecast Models
Genco Shipping's time-series forecasting models is one of many Genco Shipping'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 Genco Shipping'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 Genco Shipping Trading
Checking the ongoing alerts about Genco Shipping for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Genco Shipping Trading help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Genco Shipping generated a negative expected return over the last 90 days | |
| Genco Shipping has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the revenue of 536.93 M. Net Loss for the year was (103.24 M) with profit before overhead, payroll, taxes, and interest of 256.45 M. | |
| About 56.0% of the company shares are owned by institutional investors |
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:Check out Genco Shipping Backtesting, Genco Shipping Valuation, Genco Shipping Correlation, Genco Shipping Hype Analysis, Genco Shipping Volatility, Genco Shipping History as well as Genco Shipping Performance. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.