Genus Power (India) Market Value
| GENUSPOWER | 436.85 10.65 2.38% |
| Symbol | Genus |
Genus Power 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Genus Power's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Genus Power.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Genus Power on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Genus Power Infrastructures or generate 0.0% return on investment in Genus Power over 30 days. Genus Power is related to or competes with Hi Tech, Tree House, Garware Hi, Tata Communications, Sportking India, Paramount Communications, and One 97. Genus Power is entity of India. It is traded as Stock on NSE exchange. More
Genus Power Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Genus Power's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Genus Power Infrastructures upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.51 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 9.99 | |||
| Value At Risk | (3.95) | |||
| Potential Upside | 4.99 |
Genus Power Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Genus Power's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Genus Power's standard deviation. In reality, there are many statistical measures that can use Genus Power historical prices to predict the future Genus Power's volatility.| Risk Adjusted Performance | 0.007 | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Genus Power's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Genus Power Infrastr Backtested Returns
As of now, Genus Stock is very steady. Genus Power Infrastr holds Efficiency (Sharpe) Ratio of 0.0178, which attests that the entity had a 0.0178% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Genus Power Infrastr, which you can use to evaluate the volatility of the firm. Please check out Genus Power's Risk Adjusted Performance of 0.007, market risk adjusted performance of 0.0036, and Downside Deviation of 2.51 to validate if the risk estimate we provide is consistent with the expected return of 0.0414%. Genus Power has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 1.48, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Genus Power will likely underperform. Genus Power Infrastr right now retains a risk of 2.33%. Please check out Genus Power maximum drawdown, as well as the relationship between the skewness and day typical price , to decide if Genus Power will be following its current trending patterns.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Genus Power Infrastructures has insignificant reverse predictability. Overlapping area represents the amount of predictability between Genus Power time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Genus Power Infrastr price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Genus Power price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 170.83 |
Genus Power Infrastr lagged returns against current returns
Autocorrelation, which is Genus Power stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Genus Power's stock expected returns. We can calculate the autocorrelation of Genus Power returns to help us make a trade decision. For example, suppose you find that Genus Power has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Genus Power regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Genus Power stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Genus Power stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Genus Power stock over time.
Current vs Lagged Prices |
| Timeline |
Genus Power Lagged Returns
When evaluating Genus Power's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Genus Power stock have on its future price. Genus Power autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Genus Power autocorrelation shows the relationship between Genus Power stock current value and its past values and can show if there is a momentum factor associated with investing in Genus Power Infrastructures.
Regressed Prices |
| Timeline |
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.Other Information on Investing in Genus Stock
Genus Power financial ratios help investors to determine whether Genus Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Genus with respect to the benefits of owning Genus Power security.