Genfit (France) Market Value
| GNFT Stock | EUR 3.88 0.02 0.51% |
| Symbol | Genfit |
Genfit '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 Genfit'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 Genfit.
| 11/18/2024 |
| 02/16/2025 |
If you would invest 0.00 in Genfit on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Genfit or generate 0.0% return on investment in Genfit over 90 days. Genfit is related to or competes with Innate Pharma, Nanobiotix, DBV Technologies, Cellectis, and Adocia. Genfit SA, a biopharmaceutical company, develops therapeutic and diagnostic solutions for metabolic, inflammatory, and a... More
Genfit 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 Genfit'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 Genfit upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 13.1 | |||
| Value At Risk | (2.92) | |||
| Potential Upside | 3.2 |
Genfit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Genfit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Genfit's standard deviation. In reality, there are many statistical measures that can use Genfit historical prices to predict the future Genfit's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (1.58) |
Genfit Backtested Returns
Genfit holds Efficiency (Sharpe) Ratio of -0.0524, which attests that the entity had a -0.0524 % return per unit of risk over the last 3 months. Genfit exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Genfit's Market Risk Adjusted Performance of (1.57), risk adjusted performance of (0.09), and Standard Deviation of 2.3 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Genfit's returns are expected to increase less than the market. However, during the bear market, the loss of holding Genfit is expected to be smaller as well. At this point, Genfit has a negative expected return of -0.0945%. Please make sure to check out Genfit's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Genfit performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.43 |
Modest reverse predictability
Genfit has modest reverse predictability. Overlapping area represents the amount of predictability between Genfit time series from 18th of November 2024 to 2nd of January 2025 and 2nd of January 2025 to 16th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Genfit price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Genfit price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Genfit lagged returns against current returns
Autocorrelation, which is Genfit 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 Genfit's stock expected returns. We can calculate the autocorrelation of Genfit returns to help us make a trade decision. For example, suppose you find that Genfit 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 |
Genfit 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 Genfit stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Genfit stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Genfit stock over time.
Current vs Lagged Prices |
| Timeline |
Genfit Lagged Returns
When evaluating Genfit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Genfit stock have on its future price. Genfit 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, Genfit autocorrelation shows the relationship between Genfit stock current value and its past values and can show if there is a momentum factor associated with investing in Genfit.
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.Additional Information and Resources on Investing in Genfit Stock
When determining whether Genfit is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Genfit Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Genfit Stock. Highlighted below are key reports to facilitate an investment decision about Genfit Stock:Check out Genfit Correlation, Genfit Volatility and Genfit Alpha and Beta module to complement your research on Genfit. For information on how to trade Genfit Stock refer to our How to Trade Genfit Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Genfit 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.