Genprex Stock Market Value
| GNPX Stock | USD 1.16 0.10 9.43% |
| Symbol | Genprex |
Genprex 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 Genprex. If investors know Genprex 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 Genprex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (10.69) | Return On Assets (1.46) | Return On Equity (3.19) |
The market value of Genprex is measured differently than its book value, which is the value of Genprex that is recorded on the company's balance sheet. Investors also form their own opinion of Genprex's value that differs from its market value or its book value, called intrinsic value, which is Genprex'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 Genprex's market value can be influenced by many factors that don't directly affect Genprex'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 Genprex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genprex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genprex'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.
Genprex '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 Genprex'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 Genprex.
| 06/17/2024 |
| 12/14/2024 |
If you would invest 0.00 in Genprex on June 17, 2024 and sell it all today you would earn a total of 0.00 from holding Genprex or generate 0.0% return on investment in Genprex over 180 days. Genprex is related to or competes with Reviva Pharmaceuticals, Greenwich Lifesciences, Cognition Therapeutics, Reviva Pharmaceuticals, Transcode Therapeutics, Kodiak Sciences, and X4 Pharmaceuticals. Genprex, Inc., a clinical-stage gene therapy company, focuses on developing therapies for patients with cancer and diabe... More
Genprex 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 Genprex'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 Genprex upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.86 | |||
| Information Ratio | 0.1267 | |||
| Maximum Drawdown | 294.48 | |||
| Value At Risk | (17.21) | |||
| Potential Upside | 38.38 |
Genprex Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Genprex's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Genprex's standard deviation. In reality, there are many statistical measures that can use Genprex historical prices to predict the future Genprex's volatility.| Risk Adjusted Performance | 0.1035 | |||
| Jensen Alpha | 5.85 | |||
| Total Risk Alpha | 0.1828 | |||
| Sortino Ratio | 0.455 | |||
| Treynor Ratio | (0.55) |
Genprex Backtested Returns
Genprex is out of control given 3 months investment horizon. Genprex holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 5.34% are justified by taking the suggested risk. Use Genprex Risk Adjusted Performance of 0.1035, market risk adjusted performance of (0.54), and Downside Deviation of 10.86 to evaluate company specific risk that cannot be diversified away. Genprex holds a performance score of 10 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -9.12, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Genprex are expected to decrease by larger amounts. On the other hand, during market turmoil, Genprex is expected to outperform it. Use Genprex maximum drawdown, as well as the relationship between the skewness and day typical price , to analyze future returns on Genprex.
Auto-correlation | -0.29 |
Weak reverse predictability
Genprex has weak reverse predictability. Overlapping area represents the amount of predictability between Genprex time series from 17th of June 2024 to 15th of September 2024 and 15th of September 2024 to 14th 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 Genprex price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Genprex price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.57 |
Genprex lagged returns against current returns
Autocorrelation, which is Genprex 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 Genprex's stock expected returns. We can calculate the autocorrelation of Genprex returns to help us make a trade decision. For example, suppose you find that Genprex 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 |
Genprex 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 Genprex stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Genprex stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Genprex stock over time.
Current vs Lagged Prices |
| Timeline |
Genprex Lagged Returns
When evaluating Genprex's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Genprex stock have on its future price. Genprex 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, Genprex autocorrelation shows the relationship between Genprex stock current value and its past values and can show if there is a momentum factor associated with investing in Genprex.
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.Additional Tools for Genprex Stock Analysis
When running Genprex's price analysis, check to measure Genprex'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 Genprex is operating at the current time. Most of Genprex's value examination focuses on studying past and present price action to predict the probability of Genprex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genprex's price. Additionally, you may evaluate how the addition of Genprex to your portfolios can decrease your overall portfolio volatility.