Genuit Group (UK) Market Value
| GEN Stock | 405.50 1.00 0.25% |
| Symbol | Genuit |
Genuit Group '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 Genuit Group'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 Genuit Group.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Genuit Group on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Genuit Group plc or generate 0.0% return on investment in Genuit Group over 30 days. Genuit Group is related to or competes with Catalyst Media, CATLIN GROUP, Magnora ASA, RTW Venture, Secure Property, and Oncimmune Holdings. Genuit Group is entity of United Kingdom More
Genuit Group 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 Genuit Group'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 Genuit Group plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 9.81 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 2.56 |
Genuit Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Genuit Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Genuit Group's standard deviation. In reality, there are many statistical measures that can use Genuit Group historical prices to predict the future Genuit Group's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.76) |
Genuit Group plc Backtested Returns
Genuit Group plc holds Efficiency (Sharpe) Ratio of -0.1, which attests that the entity had a -0.1% return per unit of risk over the last 3 months. Genuit Group plc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Genuit Group's Risk Adjusted Performance of (0.07), market risk adjusted performance of (0.75), and Standard Deviation of 1.81 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Genuit Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Genuit Group is expected to be smaller as well. At this point, Genuit Group plc has a negative expected return of -0.19%. Please make sure to check out Genuit Group's treynor ratio, skewness, rate of daily change, as well as the relationship between the value at risk and accumulation distribution , to decide if Genuit Group plc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.11 |
Insignificant predictability
Genuit Group plc has insignificant predictability. Overlapping area represents the amount of predictability between Genuit Group time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 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 Genuit Group plc price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Genuit Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 53.07 |
Genuit Group plc lagged returns against current returns
Autocorrelation, which is Genuit Group 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 Genuit Group's stock expected returns. We can calculate the autocorrelation of Genuit Group returns to help us make a trade decision. For example, suppose you find that Genuit Group 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 |
Genuit Group 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 Genuit Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Genuit Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Genuit Group stock over time.
Current vs Lagged Prices |
| Timeline |
Genuit Group Lagged Returns
When evaluating Genuit Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Genuit Group stock have on its future price. Genuit Group 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, Genuit Group autocorrelation shows the relationship between Genuit Group stock current value and its past values and can show if there is a momentum factor associated with investing in Genuit Group plc.
Regressed Prices |
| Timeline |
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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.Other Information on Investing in Genuit Stock
Genuit Group financial ratios help investors to determine whether Genuit Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Genuit with respect to the benefits of owning Genuit Group security.