Genco Shipping Trading Stock Alpha and Beta Analysis
| GNK Stock | USD 16.86 0.13 0.78% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Genco Shipping Trading. It also helps investors analyze the systematic and unsystematic risks associated with investing in Genco Shipping over a specified time horizon. Remember, high Genco Shipping's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Genco Shipping's market risk premium analysis include:
Beta 0.75 | Alpha (0.06) | Risk 1.74 | Sharpe Ratio (0.01) | Expected Return (0.01) |
Genco Shipping Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Genco |
Genco Shipping Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Genco Shipping market risk premium is the additional return an investor will receive from holding Genco Shipping long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Genco Shipping. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Genco Shipping's performance over market.| α | -0.06 | β | 0.75 |
Genco Shipping expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Genco Shipping's Buy-and-hold return. Our buy-and-hold chart shows how Genco Shipping performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Genco Shipping Market Price Analysis
Market price analysis indicators help investors to evaluate how Genco Shipping stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Genco Shipping shares will generate the highest return on investment. By understating and applying Genco Shipping stock market price indicators, traders can identify Genco Shipping position entry and exit signals to maximize returns.
Genco Shipping Return and Market Media
The median price of Genco Shipping for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 17.04 with a coefficient of variation of 5.54. The daily time series for the period is distributed with a sample standard deviation of 0.94, arithmetic mean of 16.97, and mean deviation of 0.73. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Genco Shipping Trading Limited Announces Third Quarter 2024 Conference Call and Webcast | 10/21/2024 |
2 | Genco Shipping Q3 2024 Earnings Preview | 11/05/2024 |
3 | What To Expect From Genco Shipping Trading Ltd Q3 2024 Earnings | 11/06/2024 |
4 | Genco Shipping raises quarterly dividend by 17.6 percent to 0.40share | 11/07/2024 |
5 | Genco Shipping Trading Third Quarter 2024 Earnings EPS Beats Expectations, Revenues Lag | 11/08/2024 |
6 | Genco Shipping Trading Limited Sees Significant Increase in Short Interest - MarketBeat | 11/18/2024 |
7 | Foundry Partners LLC Acquires 98,195 Shares of Genco Shipping Trading Limited | 11/21/2024 |
About Genco Shipping Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Genco or other stocks. Alpha measures the amount that position in Genco Shipping Trading has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.02 | 0.18 | 0.0577 | 0.0734 | Price To Sales Ratio | 1.23 | 1.21 | 1.85 | 1.76 |
Genco Shipping Upcoming Company Events
As portrayed in its financial statements, the presentation of Genco Shipping's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Genco Shipping's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Genco Shipping's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Genco Shipping. Please utilize our Beneish M Score to check the likelihood of Genco Shipping's management manipulating its earnings.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Genco Shipping
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Align your risk with return expectations
Check out Genco Shipping Backtesting, Genco Shipping Valuation, Genco Shipping Correlation, Genco Shipping Hype Analysis, Genco Shipping Volatility, Genco Shipping History and analyze Genco Shipping Performance. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Genco Shipping 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.