Genco Shipping (Germany) Price on January 16, 2023

GNU1 Stock  EUR 14.12  0.53  3.62%   
If you're considering investing in Genco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Genco Shipping stands at 14.12, as last reported on the 11th of December 2024, with the highest price reaching 14.12 and the lowest price hitting 13.96 during the day. Genco Shipping Trading holds Efficiency (Sharpe) Ratio of -0.0313, which attests that the entity had a -0.0313% return per unit of risk over the last 3 months. Genco Shipping Trading exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Genco Shipping's Risk Adjusted Performance of (0.0006), market risk adjusted performance of (0.02), and Standard Deviation of 1.98 to validate the risk estimate we provide.
  
Genco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0313

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Estimated Market Risk

 1.89
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.06
  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 Genco Shipping 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 Genco Shipping by adding Genco Shipping to a well-diversified portfolio.

Genco Shipping Valuation on January 16, 2023

It is possible to determine the worth of Genco Shipping on a given historical date. On January 16, 2023 Genco was worth 12.35 at the beginning of the trading date compared to the closed value of 12.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Genco Shipping stock. Still, in general, we apply an absolute valuation method to find Genco Shipping'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 Genco Shipping where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Genco Shipping's related companies.
 Open High Low Close Volume
  12.20    13.07    12.20    13.07    494.00  
01/16/2023
  12.35    12.35    12.35    12.35    75.00  
  12.32    12.32    12.32    12.32    1.00  
Backtest Genco Shipping  |  Genco Shipping History  |  Genco Shipping Valuation   PreviousNext  
Open Value
12.35
12.35
Closing Value
18.01
Upside

Genco Shipping Trading Date Momentum on January 16, 2023

On January 17 2023 Genco Shipping Trading was traded for  12.32  at the closing time. The maximum traded price for the trading interval was 12.32  and the lowest daily price was  12.32 . There was no trading activity during the period 1.0. Lack of trading volume on 17th of January 2023 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.24% . The overall trading delta to the closing price today is 4.94% .

Genco Shipping Trading Fundamentals Correlations and Trends

By evaluating Genco Shipping'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 Genco Shipping's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Genco financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Genco Shipping Stock history

Genco Shipping 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 Genco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Genco Shipping Trading 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 Genco Shipping stock prices may prove useful in developing a viable investing in Genco Shipping
Genco Shipping Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. Genco Shipping Trading Limited was incorporated in 2004 and is headquartered in New York, New York. GENCO SHIP operates under Marine Shipping classification in Germany and is traded on Frankfurt Stock Exchange. It employs 960 people.

Genco Shipping Stock Technical Analysis

Genco Shipping 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.
A focus of Genco Shipping technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Genco Shipping trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Genco Shipping Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Genco Shipping Trading cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.

Genco Shipping December 11, 2024 Market Strength

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

Genco Shipping Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Genco Shipping's price direction in advance. Along with the technical and fundamental analysis of Genco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Genco 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.

Complementary Tools for Genco Stock analysis

When running Genco Shipping's price analysis, check to measure Genco Shipping'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 Genco Shipping is operating at the current time. Most of Genco Shipping's value examination focuses on studying past and present price action to predict the probability of Genco Shipping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genco Shipping's price. Additionally, you may evaluate how the addition of Genco Shipping to your portfolios can decrease your overall portfolio volatility.
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