Genesco Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Genesco's historical fundamentals, such as revenue growth or operating cash flow patterns.
Genesco
On November 28, 2024 Genesco had Accumulation Distribution of 0. The accumulation distribution (A/D) indicator shows the degree to which Genesco is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Genesco to determine if accumulation or reduction is taking place in the market. This value is adjusted by Genesco trading volume to give more weight to distributions with higher volume over lower volume.
On November 29 2024 Genesco was traded for 32.40 at the closing time. The highest daily price throughout the period was 32.40 and the lowest price was 32.40 . There was no trading activity during the period 1.0. Lack of trading volume on 11/29/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 0.61% . The overall trading delta to current closing price is 2.45% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
For every potential investor in Genesco, whether a beginner or expert, Genesco's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Genesco Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Genesco. Basic forecasting techniques help filter out the noise by identifying Genesco'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 Genesco stock to make a market-neutral strategy. Peer analysis of Genesco could also be used in its relative valuation, which is a method of valuing Genesco by comparing valuation metrics with similar companies.
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 Genesco'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 Genesco's current price.
Market strength indicators help investors to evaluate how Genesco stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Genesco shares will generate the highest return on investment. By undertsting and applying Genesco stock market strength indicators, traders can identify Genesco entry and exit signals to maximize returns.
The analysis of Genesco'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 Genesco's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting genesco 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 Genesco Stock
When determining whether Genesco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Genesco's 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 Genesco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Genesco Stock:
Check out Historical Fundamental Analysis of Genesco to cross-verify your projections. For more detail on how to invest in Genesco Stock please use our How to Invest in Genesco guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Please note, there is a significant difference between Genesco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genesco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genesco'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.