Genuine Parts Co Stock Technical Analysis
| GPC Stock | USD 124.80 2.11 1.72% |
As of the 25th of November, Genuine Parts retains the Standard Deviation of 2.97, market risk adjusted performance of (0.12), and Risk Adjusted Performance of (0.03). Genuine Parts 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.
Genuine Parts Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Genuine, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GenuineGenuine |
Genuine Parts Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 156.55 | Buy | 13 | Odds |
Most Genuine analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Genuine stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Genuine Parts, talking to its executives and customers, or listening to Genuine conference calls.
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.
Genuine Parts Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Genuine Parts volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Genuine Parts Trend Analysis
Use this graph to draw trend lines for Genuine Parts Co. You can use it to identify possible trend reversals for Genuine Parts 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 Genuine Parts price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Genuine Parts Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Genuine Parts Co applied against its price change over selected period. The best fit line has a slop of 0.4 , which may imply that the returns on investment in Genuine Parts Co will continue to fail. It has 122 observation points and a regression sum of squares at 6042.34, which is the sum of squared deviations for the predicted Genuine Parts price change compared to its average price change.About Genuine Parts 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 Genuine Parts Co 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 Genuine Parts Co based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Genuine Parts price pattern first instead of the macroeconomic environment surrounding Genuine Parts. By analyzing Genuine Parts'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 Genuine Parts'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 Genuine Parts specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0232 | 0.0202 | 0.0271 | 0.0334 | Price To Sales Ratio | 1.07 | 1.11 | 0.84 | 0.95 |
Genuine Parts November 25, 2024 Technical Indicators
Most technical analysis of Genuine 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 Genuine from various momentum indicators to cycle indicators. When you analyze Genuine 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.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (0.12) | |||
| Mean Deviation | 1.34 | |||
| Coefficient Of Variation | (2,312) | |||
| Standard Deviation | 2.97 | |||
| Variance | 8.84 | |||
| Information Ratio | (0.09) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.61) | |||
| Treynor Ratio | (0.13) | |||
| Maximum Drawdown | 23.82 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 2.77 | |||
| Skewness | (5.27) | |||
| Kurtosis | 37.92 |
Complementary Tools for Genuine Stock analysis
When running Genuine Parts' price analysis, check to measure Genuine Parts' 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 Genuine Parts is operating at the current time. Most of Genuine Parts' value examination focuses on studying past and present price action to predict the probability of Genuine Parts' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genuine Parts' price. Additionally, you may evaluate how the addition of Genuine Parts to your portfolios can decrease your overall portfolio volatility.
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