Genuine Parts Co Stock Market Value
| GPC Stock | USD 124.90 0.22 0.18% |
| Symbol | Genuine |
Genuine Parts Price To Book Ratio
Is Distributors 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 Genuine Parts. If investors know Genuine 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 Genuine Parts 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 (0.35) | Dividend Share 3.95 | Earnings Share 7.76 | Revenue Per Share | Quarterly Revenue Growth 0.025 |
The market value of Genuine Parts is measured differently than its book value, which is the value of Genuine that is recorded on the company's balance sheet. Investors also form their own opinion of Genuine Parts' value that differs from its market value or its book value, called intrinsic value, which is Genuine Parts' 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 Genuine Parts' market value can be influenced by many factors that don't directly affect Genuine Parts' 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 Genuine Parts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Genuine Parts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genuine Parts' 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.
Genuine Parts '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 Genuine Parts' 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 Genuine Parts.
| 01/17/2025 |
| 02/16/2025 |
If you would invest 0.00 in Genuine Parts on January 17, 2025 and sell it all today you would earn a total of 0.00 from holding Genuine Parts Co or generate 0.0% return on investment in Genuine Parts over 30 days. Genuine Parts is related to or competes with Dover, Cincinnati Financial, Leggett Platt, WW Grainger, and Illinois Tool. Genuine Parts Company distributes automotive replacement parts, and industrial parts and materials More
Genuine Parts 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 Genuine Parts' 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 Genuine Parts Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | 0.0313 | |||
| Maximum Drawdown | 6.19 | |||
| Value At Risk | (2.18) | |||
| Potential Upside | 2.03 |
Genuine Parts Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Genuine Parts' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Genuine Parts' standard deviation. In reality, there are many statistical measures that can use Genuine Parts historical prices to predict the future Genuine Parts' volatility.| Risk Adjusted Performance | 0.0328 | |||
| Jensen Alpha | 0.0399 | |||
| Total Risk Alpha | 0.0385 | |||
| Sortino Ratio | 0.0339 | |||
| Treynor Ratio | 0.0822 |
Genuine Parts Backtested Returns
At this point, Genuine Parts is very steady. Genuine Parts holds Efficiency (Sharpe) Ratio of 0.0238, which attests that the entity had a 0.0238 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Genuine Parts, which you can use to evaluate the volatility of the firm. Please check out Genuine Parts' Downside Deviation of 1.16, risk adjusted performance of 0.0328, and Market Risk Adjusted Performance of 0.0922 to validate if the risk estimate we provide is consistent with the expected return of 0.0307%. Genuine Parts has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.49, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Genuine Parts' returns are expected to increase less than the market. However, during the bear market, the loss of holding Genuine Parts is expected to be smaller as well. Genuine Parts right now retains a risk of 1.29%. Please check out Genuine Parts total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Genuine Parts will be following its current trending patterns.
Auto-correlation | -0.65 |
Very good reverse predictability
Genuine Parts Co has very good reverse predictability. Overlapping area represents the amount of predictability between Genuine Parts time series from 17th of January 2025 to 1st of February 2025 and 1st of February 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 Genuine Parts price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Genuine Parts price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 10.28 |
Genuine Parts lagged returns against current returns
Autocorrelation, which is Genuine Parts 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 Genuine Parts' stock expected returns. We can calculate the autocorrelation of Genuine Parts returns to help us make a trade decision. For example, suppose you find that Genuine Parts 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 |
Genuine Parts 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 Genuine Parts stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Genuine Parts stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Genuine Parts stock over time.
Current vs Lagged Prices |
| Timeline |
Genuine Parts Lagged Returns
When evaluating Genuine Parts' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Genuine Parts stock have on its future price. Genuine Parts 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, Genuine Parts autocorrelation shows the relationship between Genuine Parts stock current value and its past values and can show if there is a momentum factor associated with investing in Genuine Parts Co.
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 Genuine Parts offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Genuine Parts' 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 Genuine Parts Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Genuine Parts Co Stock:Check out Genuine Parts Correlation, Genuine Parts Volatility and Genuine Parts Alpha and Beta module to complement your research on Genuine Parts. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Genuine Parts 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.