Gencor Industries Stock Forecast - Jensen Alpha
| GENC Stock | USD 22.06 0.33 1.47% |
Gencor Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Gencor Industries stock prices and determine the direction of Gencor Industries's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Gencor Industries' historical fundamentals, such as revenue growth or operating cash flow patterns.
Gencor |
Open Interest Against 2024-12-20 Gencor Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Gencor Industries' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Gencor Industries' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Gencor Industries stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Gencor Industries' open interest, investors have to compare it to Gencor Industries' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Gencor Industries is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Gencor. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Check Gencor Industries Volatility | Backtest Gencor Industries | Information Ratio |
Gencor Industries Trading Date Momentum
| On December 11 2024 Gencor Industries was traded for 22.06 at the closing time. The top price for the day was 22.06 and the lowest listed price was 22.06 . There was no trading activity during the period 0.0. Lack of trading volume on December 11, 2024 did not cause price change. The overall trading delta against the current closing price is 1.50% . |
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Other Forecasting Options for Gencor Industries
For every potential investor in Gencor, whether a beginner or expert, Gencor Industries' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Gencor Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Gencor. Basic forecasting techniques help filter out the noise by identifying Gencor Industries' price trends.Gencor Industries Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Gencor Industries stock to make a market-neutral strategy. Peer analysis of Gencor Industries could also be used in its relative valuation, which is a method of valuing Gencor Industries by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Gencor Industries Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Gencor Industries' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Gencor Industries' current price.| Cycle Indicators | ||
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Gencor Industries Market Strength Events
Market strength indicators help investors to evaluate how Gencor Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gencor Industries shares will generate the highest return on investment. By undertsting and applying Gencor Industries stock market strength indicators, traders can identify Gencor Industries entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 22.06 | |||
| Day Typical Price | 22.06 | |||
| Price Action Indicator | (0.17) | |||
| Period Momentum Indicator | (0.33) | |||
| Relative Strength Index | 54.43 |
Gencor Industries Risk Indicators
The analysis of Gencor Industries' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Gencor Industries' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gencor stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.52 | |||
| Semi Deviation | 1.63 | |||
| Standard Deviation | 2.09 | |||
| Variance | 4.37 | |||
| Downside Variance | 3.32 | |||
| Semi Variance | 2.66 | |||
| Expected Short fall | (1.78) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Gencor Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gencor Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Gencor Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gencor Industries Stock:Check out Historical Fundamental Analysis of Gencor Industries to cross-verify your projections. For information on how to trade Gencor Stock refer to our How to Trade Gencor Stock guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Industrial Machinery & Supplies & Components 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 Gencor Industries. If investors know Gencor 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 Gencor Industries 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 (0.20) | Earnings Share 1.1 | Revenue Per Share 7.717 | Quarterly Revenue Growth (0.08) | Return On Assets 0.0483 |
The market value of Gencor Industries is measured differently than its book value, which is the value of Gencor that is recorded on the company's balance sheet. Investors also form their own opinion of Gencor Industries' value that differs from its market value or its book value, called intrinsic value, which is Gencor Industries' 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 Gencor Industries' market value can be influenced by many factors that don't directly affect Gencor Industries' 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 Gencor Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Gencor Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gencor Industries' 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.