Gencor Industries Stock Market Value

GENC Stock  USD 21.33  0.15  0.70%   
Gencor Industries' market value is the price at which a share of Gencor Industries trades on a public exchange. It measures the collective expectations of Gencor Industries investors about its performance. Gencor Industries is trading at 21.33 as of the 22nd of November 2024, a 0.7 percent decrease since the beginning of the trading day. The stock's open price was 21.48.
With this module, you can estimate the performance of a buy and hold strategy of Gencor Industries and determine expected loss or profit from investing in Gencor Industries over a given investment horizon. Check out Gencor Industries Correlation, Gencor Industries Volatility and Gencor Industries Alpha and Beta module to complement your research on Gencor Industries.
For information on how to trade Gencor Stock refer to our How to Trade Gencor Stock guide.
Symbol

Is Machinery 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 Gencor Industries. If investors know Gencor 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 Gencor Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Gencor Industries is measured differently than its book value, which is the value of Gencor that is recorded on the company's balance sheet. Investors also form their own opinion of Gencor Industries' value that differs from its market value or its book value, called intrinsic value, which is Gencor Industries' 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 Gencor Industries' market value can be influenced by many factors that don't directly affect Gencor Industries' 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 Gencor Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Gencor Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gencor Industries' 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.

Gencor Industries '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 Gencor Industries' 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 Gencor Industries.
0.00
10/23/2024
No Change 0.00  0.0 
In 31 days
11/22/2024
0.00
If you would invest  0.00  in Gencor Industries on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Gencor Industries or generate 0.0% return on investment in Gencor Industries over 30 days. Gencor Industries is related to or competes with Alamo, Manitowoc, Manitex International, Columbus McKinnon, Rev, Lindsay, and Astec Industries. Gencor Industries, Inc., together with its subsidiaries, designs, manufactures, and sells heavy machinery used in the pr... More

Gencor Industries 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 Gencor Industries' 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 Gencor Industries upside and downside potential and time the market with a certain degree of confidence.

Gencor Industries Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Gencor Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gencor Industries' standard deviation. In reality, there are many statistical measures that can use Gencor Industries historical prices to predict the future Gencor Industries' volatility.
Hype
Prediction
LowEstimatedHigh
19.2721.3323.39
Details
Intrinsic
Valuation
LowRealHigh
18.9220.9723.03
Details
Naive
Forecast
LowNextHigh
18.4720.5322.59
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
19.1920.9122.64
Details

Gencor Industries Backtested Returns

At this point, Gencor Industries is very steady. Gencor Industries holds Efficiency (Sharpe) Ratio of 0.0463, which attests that the entity had a 0.0463% return per unit of risk over the last 3 months. We have found thirty technical indicators for Gencor Industries, which you can use to evaluate the volatility of the firm. Please check out Gencor Industries' Risk Adjusted Performance of 0.0416, downside deviation of 1.83, and Market Risk Adjusted Performance of 0.0587 to validate if the risk estimate we provide is consistent with the expected return of 0.0952%. Gencor Industries has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 1.75, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Gencor Industries will likely underperform. Gencor Industries right now retains a risk of 2.06%. Please check out Gencor Industries total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Gencor Industries will be following its current trending patterns.

Auto-correlation

    
  -0.45  

Modest reverse predictability

Gencor Industries has modest reverse predictability. Overlapping area represents the amount of predictability between Gencor Industries time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Gencor Industries price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Gencor Industries price fluctuation can be explain by its past prices.
Correlation Coefficient-0.45
Spearman Rank Test-0.38
Residual Average0.0
Price Variance0.14

Gencor Industries lagged returns against current returns

Autocorrelation, which is Gencor Industries 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 Gencor Industries' stock expected returns. We can calculate the autocorrelation of Gencor Industries returns to help us make a trade decision. For example, suppose you find that Gencor Industries 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  

Gencor Industries 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 Gencor Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gencor Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gencor Industries stock over time.
   Current vs Lagged Prices   
       Timeline  

Gencor Industries Lagged Returns

When evaluating Gencor Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gencor Industries stock have on its future price. Gencor Industries 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, Gencor Industries autocorrelation shows the relationship between Gencor Industries stock current value and its past values and can show if there is a momentum factor associated with investing in Gencor Industries.
   Regressed Prices   
       Timeline  

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 Gencor Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gencor Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gencor Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gencor Industries Stock:
Check out Gencor Industries Correlation, Gencor Industries Volatility and Gencor Industries Alpha and Beta module to complement your research on Gencor Industries.
For information on how to trade Gencor Stock refer to our How to Trade Gencor Stock guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Gencor Industries 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 Gencor Industries technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Gencor Industries 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...