Genius Sports Stock Forecast - Daily Balance Of Power
| GENI Stock | USD 10.04 0.27 2.76% |
Genius Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Genius Sports' historical fundamentals, such as revenue growth or operating cash flow patterns.
Genius |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.1404 | (0.60) |
| Check Genius Sports Volatility | Backtest Genius Sports | Trend Details |
Genius Sports Trading Date Momentum
| On March 08 2024 Genius Sports was traded for 5.96 at the closing time. The top price for the day was 6.42 and the lowest listed price was 5.89 . The trading volume for the day was 6.2 M. The trading history from March 8, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 5.25% . The overall trading delta against the current closing price is 5.88% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Genius Sports to competition |
Other Forecasting Options for Genius Sports
For every potential investor in Genius, whether a beginner or expert, Genius Sports' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Genius Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Genius. Basic forecasting techniques help filter out the noise by identifying Genius Sports' price trends.Genius Sports Related Equities
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 Genius Sports stock to make a market-neutral strategy. Peer analysis of Genius Sports could also be used in its relative valuation, which is a method of valuing Genius Sports by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Genius Sports 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 Genius Sports' 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 Genius Sports' current price.| Cycle Indicators | ||
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| Volatility Indicators | ||
| Volume Indicators |
Genius Sports Market Strength Events
Market strength indicators help investors to evaluate how Genius Sports stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Genius Sports shares will generate the highest return on investment. By undertsting and applying Genius Sports stock market strength indicators, traders can identify Genius Sports entry and exit signals to maximize returns.
| Accumulation Distribution | 45451.61 | |||
| Daily Balance Of Power | 0.8438 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 9.98 | |||
| Day Typical Price | 10.0 | |||
| Price Action Indicator | 0.19 | |||
| Period Momentum Indicator | 0.27 |
Genius Sports Risk Indicators
The analysis of Genius Sports' 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 Genius Sports' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting genius 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.
| Mean Deviation | 2.39 | |||
| Semi Deviation | 2.26 | |||
| Standard Deviation | 3.47 | |||
| Variance | 12.02 | |||
| Downside Variance | 6.94 | |||
| Semi Variance | 5.1 | |||
| Expected Short fall | (2.83) |
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.
Currently Active Assets on Macroaxis
When determining whether Genius Sports offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Genius Sports' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Genius Sports Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Genius Sports Stock:Check out Historical Fundamental Analysis of Genius Sports to cross-verify your projections. For more detail on how to invest in Genius Stock please use our How to Invest in Genius Sports guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genius Sports. If investors know Genius will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genius Sports listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.32) | Revenue Per Share 1.828 | Quarterly Revenue Growth 0.182 | Return On Assets (0.07) | Return On Equity (0.13) |
The market value of Genius Sports is measured differently than its book value, which is the value of Genius that is recorded on the company's balance sheet. Investors also form their own opinion of Genius Sports' value that differs from its market value or its book value, called intrinsic value, which is Genius Sports' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genius Sports' market value can be influenced by many factors that don't directly affect Genius Sports' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genius Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Genius Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genius Sports' 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.