Genesis Energy Lp Stock Market Value
| GEL Stock | USD 11.74 0.04 0.34% |
| Symbol | Genesis |
Genesis Energy LP Price To Book Ratio
Is Oil & Gas Storage & Transportation 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 Genesis Energy. If investors know Genesis 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 Genesis 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 0.586 | Dividend Share 0.615 | Earnings Share (0.74) | Revenue Per Share 24.612 | Quarterly Revenue Growth (0.12) |
The market value of Genesis Energy LP is measured differently than its book value, which is the value of Genesis that is recorded on the company's balance sheet. Investors also form their own opinion of Genesis Energy's value that differs from its market value or its book value, called intrinsic value, which is Genesis 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 Genesis Energy's market value can be influenced by many factors that don't directly affect Genesis 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 Genesis Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genesis Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genesis 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.
Genesis Energy 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Genesis Energy's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Genesis Energy.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Genesis Energy on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Genesis Energy LP or generate 0.0% return on investment in Genesis Energy over 90 days. Genesis Energy is related to or competes with Brooge Holdings, Plains All, Western Midstream, Hess Midstream, MPLX LP, Plains GP, and Targa Resources. Genesis Energy, L.P. operates in the midstream segment of the crude oil and natural gas industry More
Genesis Energy Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Genesis Energy's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Genesis Energy LP upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 14.4 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 3.25 |
Genesis Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Genesis Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Genesis Energy's standard deviation. In reality, there are many statistical measures that can use Genesis Energy historical prices to predict the future Genesis Energy's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.13) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Genesis Energy's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Genesis Energy LP Backtested Returns
Genesis Energy LP holds Efficiency (Sharpe) Ratio of -0.0746, which attests that the entity had a -0.0746% return per unit of risk over the last 3 months. Genesis Energy LP exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Genesis Energy's Standard Deviation of 2.2, risk adjusted performance of (0.03), and Market Risk Adjusted Performance of (0.12) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.95, which attests to possible diversification benefits within a given portfolio. Genesis Energy returns are very sensitive to returns on the market. As the market goes up or down, Genesis Energy is expected to follow. At this point, Genesis Energy LP has a negative expected return of -0.17%. Please make sure to check out Genesis Energy's maximum drawdown, as well as the relationship between the accumulation distribution and day typical price , to decide if Genesis Energy LP performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.07 |
Virtually no predictability
Genesis Energy LP has virtually no predictability. Overlapping area represents the amount of predictability between Genesis Energy time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Genesis Energy LP price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Genesis Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.65 |
Genesis Energy LP lagged returns against current returns
Autocorrelation, which is Genesis Energy stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Genesis Energy's stock expected returns. We can calculate the autocorrelation of Genesis Energy returns to help us make a trade decision. For example, suppose you find that Genesis Energy has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Genesis Energy regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Genesis Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Genesis Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Genesis Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Genesis Energy Lagged Returns
When evaluating Genesis Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Genesis Energy stock have on its future price. Genesis Energy autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Genesis Energy autocorrelation shows the relationship between Genesis Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Genesis Energy LP.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Genesis Energy Correlation, Genesis Energy Volatility and Genesis Energy Alpha and Beta module to complement your research on Genesis Energy. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Genesis 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.