Genfit Stock Market Value
| GNFT Stock | USD 4.21 0.06 1.41% |
| Symbol | Genfit |
Genfit Price To Book Ratio
Is Biotechnology 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 Genfit. If investors know Genfit 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 Genfit listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.39 | Revenue Per Share 1.619 | Quarterly Revenue Growth 3.044 | Return On Assets 0.0651 | Return On Equity 0.2591 |
The market value of Genfit is measured differently than its book value, which is the value of Genfit that is recorded on the company's balance sheet. Investors also form their own opinion of Genfit's value that differs from its market value or its book value, called intrinsic value, which is Genfit'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 Genfit's market value can be influenced by many factors that don't directly affect Genfit'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 Genfit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genfit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genfit'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.
Genfit '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 Genfit'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 Genfit.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Genfit on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Genfit or generate 0.0% return on investment in Genfit over 30 days. Genfit is related to or competes with Eliem Therapeutics, HCW Biologics, Molecular Partners, MediciNova, Anebulo Pharmaceuticals, Champions Oncology, and Keros Therapeutics. Genfit S.A., a biopharmaceutical company, discovers and develops drug candidates and diagnostic solutions for metabolic ... More
Genfit 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 Genfit'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 Genfit upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.93 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 30.76 | |||
| Value At Risk | (6.16) | |||
| Potential Upside | 6.17 |
Genfit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Genfit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Genfit's standard deviation. In reality, there are many statistical measures that can use Genfit historical prices to predict the future Genfit's volatility.| Risk Adjusted Performance | 0.025 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.65) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.1177 |
Genfit Backtested Returns
Currently, Genfit is moderately volatile. Genfit holds Efficiency (Sharpe) Ratio of 0.0313, which attests that the entity had a 0.0313% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Genfit, which you can use to evaluate the volatility of the firm. Please check out Genfit's Risk Adjusted Performance of 0.025, downside deviation of 4.93, and Market Risk Adjusted Performance of 0.1277 to validate if the risk estimate we provide is consistent with the expected return of 0.14%. Genfit has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.73, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Genfit's returns are expected to increase less than the market. However, during the bear market, the loss of holding Genfit is expected to be smaller as well. Genfit right now retains a risk of 4.37%. Please check out Genfit semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Genfit will be following its current trending patterns.
Auto-correlation | 0.64 |
Good predictability
Genfit has good predictability. Overlapping area represents the amount of predictability between Genfit time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 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 Genfit price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Genfit price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Genfit lagged returns against current returns
Autocorrelation, which is Genfit 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 Genfit's stock expected returns. We can calculate the autocorrelation of Genfit returns to help us make a trade decision. For example, suppose you find that Genfit 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 |
Genfit 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 Genfit stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Genfit stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Genfit stock over time.
Current vs Lagged Prices |
| Timeline |
Genfit Lagged Returns
When evaluating Genfit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Genfit stock have on its future price. Genfit 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, Genfit autocorrelation shows the relationship between Genfit stock current value and its past values and can show if there is a momentum factor associated with investing in Genfit.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Genfit Stock Analysis
When running Genfit's price analysis, check to measure Genfit's 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 Genfit is operating at the current time. Most of Genfit's value examination focuses on studying past and present price action to predict the probability of Genfit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genfit's price. Additionally, you may evaluate how the addition of Genfit to your portfolios can decrease your overall portfolio volatility.