Genus Plc Stock Market Value
| GENSF Stock | USD 20.90 0.00 0.00% |
| Symbol | Genus |
Genus Plc '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 Genus Plc's pink sheet 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 Genus Plc.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Genus Plc on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Genus plc or generate 0.0% return on investment in Genus Plc over 720 days. Genus Plc is related to or competes with Alta Equipment, ASE Industrial, China Aircraft, HE Equipment, Herc Holdings, Global Ship, and IPG Photonics. Genus plc operates as an animal genetics company in North America, Latin America, the United Kingdom, rest of Europe, th... More
Genus Plc 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 Genus Plc's pink sheet 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 Genus plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 17.7 | |||
| Potential Upside | 0.8906 |
Genus Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Genus Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Genus Plc's standard deviation. In reality, there are many statistical measures that can use Genus Plc historical prices to predict the future Genus Plc's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | 0.5208 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Genus Plc'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.
Genus plc Backtested Returns
Genus plc holds Efficiency (Sharpe) Ratio of -0.0258, which attests that the entity had a -0.0258% return per unit of risk over the last 3 months. Genus plc exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Genus Plc's Risk Adjusted Performance of (0.01), standard deviation of 1.75, and Market Risk Adjusted Performance of 0.5308 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.1, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Genus Plc are expected to decrease at a much lower rate. During the bear market, Genus Plc is likely to outperform the market. At this point, Genus plc has a negative expected return of -0.0458%. Please make sure to check out Genus Plc's variance, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if Genus plc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.29 |
Poor predictability
Genus plc has poor predictability. Overlapping area represents the amount of predictability between Genus Plc time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 Genus plc price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Genus Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 7.67 |
Genus plc lagged returns against current returns
Autocorrelation, which is Genus Plc pink sheet'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 Genus Plc's pink sheet expected returns. We can calculate the autocorrelation of Genus Plc returns to help us make a trade decision. For example, suppose you find that Genus Plc has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Genus Plc 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 Genus Plc pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Genus Plc pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Genus Plc pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Genus Plc Lagged Returns
When evaluating Genus Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Genus Plc pink sheet have on its future price. Genus Plc 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, Genus Plc autocorrelation shows the relationship between Genus Plc pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Genus plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Genus Pink Sheet
Genus Plc financial ratios help investors to determine whether Genus Pink Sheet 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 Genus with respect to the benefits of owning Genus Plc security.