Genie Energy Stock Forecast - Daily Balance Of Power

GNE Stock  USD 16.04  0.14  0.88%   
Genie Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Genie Energy stock prices and determine the direction of Genie Energy's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Genie Energy's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
At present, Genie Energy's Payables Turnover is projected to slightly decrease based on the last few years of reporting. The current year's Receivables Turnover is expected to grow to 8.09, whereas Fixed Asset Turnover is forecasted to decline to 23.50. . The current year's Common Stock Shares Outstanding is expected to grow to about 26.1 M. The current year's Net Income Applicable To Common Shares is expected to grow to about 103.7 M.
On October 30, 2024 Genie Energy had Daily Balance Of Power of (0.83). Balance of Power indicator (or BOP) measures the strength of Genie Energy market sensitivity to bulls and bears. It estimates the ability of Genie Energy buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Genie Energy Balance of Power indicator one can determine a trend of the price direction.
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Genie Energy Trading Date Momentum

On October 31 2024 Genie Energy was traded for  15.65  at the closing time. Highest Genie Energy's price during the trading hours was 15.81  and the lowest price during the day was  15.53 . The net volume was 48.9 K. The overall trading history on the 31st of October contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 0.57% . The overall trading delta to current price is 2.29% .
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.
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Other Forecasting Options for Genie Energy

For every potential investor in Genie, whether a beginner or expert, Genie Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Genie Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Genie. Basic forecasting techniques help filter out the noise by identifying Genie Energy's price trends.

Genie Energy 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 Genie Energy stock to make a market-neutral strategy. Peer analysis of Genie Energy could also be used in its relative valuation, which is a method of valuing Genie Energy by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Genie Energy 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 Genie Energy'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 Genie Energy's current price.

Genie Energy Market Strength Events

Market strength indicators help investors to evaluate how Genie Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Genie Energy shares will generate the highest return on investment. By undertsting and applying Genie Energy stock market strength indicators, traders can identify Genie Energy entry and exit signals to maximize returns.

Genie Energy Risk Indicators

The analysis of Genie Energy'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 Genie Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting genie 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Genie Energy is a strong investment it is important to analyze Genie Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Genie Energy's future performance. For an informed investment choice regarding Genie Stock, refer to the following important reports:
Check out Historical Fundamental Analysis of Genie Energy to cross-verify your projections.
For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Is Electric Utilities 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 Genie Energy. If investors know Genie 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 Genie Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.28)
Dividend Share
0.3
Earnings Share
0.08
Revenue Per Share
16.136
Quarterly Revenue Growth
(0.10)
The market value of Genie Energy is measured differently than its book value, which is the value of Genie that is recorded on the company's balance sheet. Investors also form their own opinion of Genie Energy's value that differs from its market value or its book value, called intrinsic value, which is Genie Energy's 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 Genie Energy's market value can be influenced by many factors that don't directly affect Genie Energy's 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 Genie Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genie Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genie Energy'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.