Gentex Stock Alpha and Beta Analysis
| GNTX Stock | USD 30.40 0.52 1.74% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Gentex. It also helps investors analyze the systematic and unsystematic risks associated with investing in Gentex over a specified time horizon. Remember, high Gentex'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 Gentex's market risk premium analysis include:
Beta 0.73 | Alpha (0.08) | Risk 1.48 | Sharpe Ratio (0.01) | Expected Return (0.01) |
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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.
Gentex |
Gentex Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Gentex market risk premium is the additional return an investor will receive from holding Gentex 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 Gentex. 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 Gentex's performance over market.| α | -0.08 | β | 0.73 |
Gentex 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 Gentex's Buy-and-hold return. Our buy-and-hold chart shows how Gentex performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Gentex Market Price Analysis
Market price analysis indicators help investors to evaluate how Gentex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gentex shares will generate the highest return on investment. By understating and applying Gentex stock market price indicators, traders can identify Gentex position entry and exit signals to maximize returns.
Gentex Return and Market Media
The median price of Gentex for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 29.92 with a coefficient of variation of 2.52. The daily time series for the period is distributed with a sample standard deviation of 0.76, arithmetic mean of 29.95, and mean deviation of 0.65. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | 2, 3, 4 Polestar posse poised to perform | 09/30/2024 |
2 | Exploring Analyst Estimates for Gentex Q3 Earnings, Beyond Revenue and EPS | 10/22/2024 |
| Gentex dividend paid on 23rd of October 2024 | 10/23/2024 |
3 | Gentex GAAP EPS of 0.53 beats by 0.06, revenue of 608.5M beats by 20.49M | 10/25/2024 |
4 | Gentex Co. Shares Acquired by S.A. Mason LLC | 10/31/2024 |
5 | United States Air Force Awards Gentex Corporation Aircrew Laser Eye Protection Night Spectacle Contract | 11/01/2024 |
6 | Autonomous Vehicle Sensors Market to Expand by USD 6.28 Billion from 2024-2028, Driven by Advancements in Autonomous Vehicles and AI-Redefined Market Landscape ... | 11/05/2024 |
7 | Gentex Co. Shares Bought by JB Capital LLC | 11/07/2024 |
8 | 15 Undervalued Consumer Discretionary Stocks For 2024 | 11/14/2024 |
9 | Smart Windows Market to Grow by USD 3.80 Billion , Driven by Rising Residential Construction, with AI Redefining Market Landscape - Technavio | 11/19/2024 |
10 | Gentex price target lowered to 34 from 35 at Guggenheim - Yahoo Finance | 11/22/2024 |
About Gentex 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 Gentex or other stocks. Alpha measures the amount that position in Gentex 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 (projected) | Dividend Yield | 0.014 | 0.018 | 0.0147 | Price To Sales Ratio | 4.74 | 3.28 | 3.31 |
Gentex Upcoming Company Events
As portrayed in its financial statements, the presentation of Gentex's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Gentex's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Gentex's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Gentex. Please utilize our Beneish M Score to check the likelihood of Gentex's management manipulating its earnings.
| 26th of January 2024 Upcoming Quarterly Report | View | |
| 26th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 26th of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for Gentex Stock Analysis
When running Gentex's price analysis, check to measure Gentex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gentex is operating at the current time. Most of Gentex's value examination focuses on studying past and present price action to predict the probability of Gentex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gentex's price. Additionally, you may evaluate how the addition of Gentex to your portfolios can decrease your overall portfolio volatility.