Gen Stock Based Compensation To Revenue from 2010 to 2024
| GEN Stock | USD 27.77 0.08 0.29% |
Stock Based Compensation To Revenue | First Reported 2010-12-31 | Previous Quarter 0.03620147 | Current Value 0.0401438 | Quarterly Volatility 0.00101791 |
Check Gen Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Gen Digital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 352.5 M, Interest Expense of 702.5 M or Total Revenue of 3.2 B, as well as many indicators such as Price To Sales Ratio of 3.16, Dividend Yield of 0.0298 or PTB Ratio of 4.79. Gen financial statements analysis is a perfect complement when working with Gen Digital Valuation or Volatility modules.
Gen | Stock Based Compensation To Revenue |
Pair Trading with Gen Digital
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Gen Digital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Gen Digital will appreciate offsetting losses from the drop in the long position's value.Moving against Gen Stock
| 0.72 | FAAS | DigiAsia Corp Symbol Change | PairCorr |
| 0.7 | MQ | Marqeta | PairCorr |
| 0.6 | VERI | Veritone | PairCorr |
| 0.58 | VRNS | Varonis Systems | PairCorr |
| 0.45 | VHAI | VHAI | PairCorr |
The ability to find closely correlated positions to Gen Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gen Digital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gen Digital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gen Digital to buy it.
The correlation of Gen Digital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gen Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gen Digital moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Gen Digital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Gen Digital Correlation against competitors. To learn how to invest in Gen Stock, please use our How to Invest in Gen Digital guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Is Application Software 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 Gen Digital. If investors know Gen 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 Gen Digital 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 0.132 | Dividend Share 0.5 | Earnings Share 0.99 | Revenue Per Share 6.171 | Quarterly Revenue Growth 0.031 |
The market value of Gen Digital is measured differently than its book value, which is the value of Gen that is recorded on the company's balance sheet. Investors also form their own opinion of Gen Digital's value that differs from its market value or its book value, called intrinsic value, which is Gen Digital'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 Gen Digital's market value can be influenced by many factors that don't directly affect Gen Digital'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 Gen Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gen Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gen Digital'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.