Genie Energy Stock Price on October 11, 2024
GNE Stock | USD 15.90 0.30 1.92% |
If you're considering investing in Genie Stock, it is important to understand the factors that can impact its price. As of today, the current price of Genie Energy stands at 15.90, as last reported on the 22nd of November, with the highest price reaching 15.94 and the lowest price hitting 15.67 during the day. Genie Energy holds Efficiency (Sharpe) Ratio of -0.0274, which attests that the entity had a -0.0274% return per unit of risk over the last 3 months. Genie Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Genie Energy's Market Risk Adjusted Performance of (0.85), risk adjusted performance of (0.02), and Standard Deviation of 1.85 to validate the risk estimate we provide.
Genie Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Genie |
Sharpe Ratio = -0.0274
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Estimated Market Risk
1.85 actual daily | 16 84% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Genie Energy is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Genie Energy by adding Genie Energy to a well-diversified portfolio.
Genie Energy Valuation on October 11, 2024
It is possible to determine the worth of Genie Energy on a given historical date. On October 11, 2024 Genie was worth 16.07 at the beginning of the trading date compared to the closed value of 15.93. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Genie Energy stock. Still, in general, we apply an absolute valuation method to find Genie Energy's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Genie Energy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Genie Energy's related companies.
Open | High | Low | Close | Volume | |
16.35 | 16.52 | 15.93 | 16.11 | 53,646 | |
10/11/2024 | 16.07 | 16.29 | 15.88 | 15.93 | 68,851 |
15.84 | 16.35 | 15.84 | 16.12 | 63,134 |
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Genie Energy Trading Date Momentum on October 11, 2024
On October 14 2024 Genie Energy was traded for 16.12 at the closing time. Highest Genie Energy's price during the trading hours was 16.35 and the lowest price during the day was 15.84 . The net volume was 63.1 K. The overall trading history on the 14th of October 2024 contributed to the next trading period price growth. The overall trading delta to the next next day price was 1.19% . The overall trading delta to current price is 3.58% . |
Genie Energy Fundamentals Correlations and Trends
By evaluating Genie Energy's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Genie Energy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Genie financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Genie Energy Stock history
Genie Energy investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Genie is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Genie Energy will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Genie Energy stock prices may prove useful in developing a viable investing in Genie Energy
Genie Energy Ltd., through its subsidiaries, supplies electricity and natural gas to residential and small business customers in the United States, Finland, Sweden, Japan, and internationally. Genie Energy Ltd. was incorporated in 2011 and is headquartered in Newark, New Jersey. Genie Energy operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 186 people.
Genie Energy Stock Technical Analysis
Genie Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Genie Energy Period Price Range
Low | November 22, 2024
| High |
0.00 | 0.00 |
Genie Energy cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Genie Energy November 22, 2024 Market Strength
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 Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Genie Energy's price direction in advance. Along with the technical and fundamental analysis of Genie Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Genie to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.30) | |||
Treynor Ratio | (0.86) |
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Complementary Tools for Genie Stock analysis
When running Genie Energy's price analysis, check to measure Genie Energy'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 Genie Energy is operating at the current time. Most of Genie Energy's value examination focuses on studying past and present price action to predict the probability of Genie Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genie Energy's price. Additionally, you may evaluate how the addition of Genie Energy to your portfolios can decrease your overall portfolio volatility.
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