Genesis Energy Lp Stock Technical Analysis
| GEL Stock | USD 11.60 0.04 0.35% |
As of the 22nd of November, Genesis Energy retains the Risk Adjusted Performance of (0.06), market risk adjusted performance of (0.76), and Standard Deviation of 2.19. Genesis Energy technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Genesis Energy LP variance and value at risk to decide if Genesis Energy is priced fairly, providing market reflects its last-minute price of 11.6 per share. Given that Genesis Energy LP has information ratio of (0.14), we strongly advise you to confirm Genesis Energy LP's regular market performance to make sure the company can sustain itself at a future point.
Genesis Energy Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Genesis, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GenesisGenesis |
Genesis Energy 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.
Genesis Energy LP Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Genesis Energy LP volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Genesis Energy LP Trend Analysis
Use this graph to draw trend lines for Genesis Energy LP. You can use it to identify possible trend reversals for Genesis Energy as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Genesis Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Genesis Energy Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Genesis Energy LP applied against its price change over selected period. The best fit line has a slop of 0.03 , which may imply that the returns on investment in Genesis Energy LP will continue to fail. It has 122 observation points and a regression sum of squares at 40.16, which is the sum of squared deviations for the predicted Genesis Energy price change compared to its average price change.About Genesis Energy Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Genesis Energy LP on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Genesis Energy LP based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Genesis Energy LP price pattern first instead of the macroeconomic environment surrounding Genesis Energy LP. By analyzing Genesis Energy's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Genesis Energy's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Genesis Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
Genesis Energy November 22, 2024 Technical Indicators
Most technical analysis of Genesis help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Genesis from various momentum indicators to cycle indicators. When you analyze Genesis charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Volume Indicators |
| Risk Adjusted Performance | (0.06) | |||
| Market Risk Adjusted Performance | (0.76) | |||
| Mean Deviation | 1.4 | |||
| Coefficient Of Variation | (1,100) | |||
| Standard Deviation | 2.19 | |||
| Variance | 4.82 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (0.77) | |||
| Maximum Drawdown | 14.4 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 3.25 | |||
| Skewness | (1.68) | |||
| Kurtosis | 9.02 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genesis Energy LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Wholesale 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 Genesis Energy. If investors know Genesis 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 Genesis Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Genesis Energy LP is measured differently than its book value, which is the value of Genesis that is recorded on the company's balance sheet. Investors also form their own opinion of Genesis Energy's value that differs from its market value or its book value, called intrinsic value, which is Genesis Energy's 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 Genesis Energy's market value can be influenced by many factors that don't directly affect Genesis Energy's 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 Genesis Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genesis Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genesis Energy's 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.