Gen Digital Stock Probability of Future Stock Price Finishing Under 25.94
| GEN Stock | USD 24.89 0.53 2.18% |
Closest to current price Gen long CALL Option Payoff at Expiration
Gen |
Gen Digital Target Price Odds to finish below 25.94
The tendency of Gen Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under $ 25.94 after 90 days |
| 24.89 | 90 days | 25.94 | roughly 97.0 |
Based on a normal probability distribution, the odds of Gen Digital to stay under $ 25.94 after 90 days from now is roughly 97.0 (This Gen Digital probability density function shows the probability of Gen Stock to fall within a particular range of prices over 90 days) . Probability of Gen Digital price to stay between its current price of $ 24.89 and $ 25.94 at the end of the 90-day period is about 6.17 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.31 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Gen Digital will likely underperform. Additionally Gen Digital has an alpha of 0.2155, implying that it can generate a 0.22 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Gen Digital Price Density |
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Predictive Modules for Gen Digital
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gen Digital. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gen Digital'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.
Gen Digital Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gen Digital is not an exception. The market had few large corrections towards the Gen Digital's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Gen Digital, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gen Digital within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.22 | |
β | Beta against NYSE Composite | 1.31 | |
σ | Overall volatility | 1.90 | |
Ir | Information ratio | 0.09 |
Gen Digital Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Gen Digital for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gen Digital can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Gen Digital has 8.6 B in debt with debt to equity (D/E) ratio of 0.93, which is OK given its current industry classification. Gen Digital has a current ratio of 0.23, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Gen to invest in growth at high rates of return. | |
| Gen Digital has a strong financial position based on the latest SEC filings | |
| Over 86.0% of Gen Digital shares are owned by institutional investors | |
| On 12th of June 2024 Gen Digital paid $ 0.125 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Gen Digital is a Top-Ranked Growth Stock Should You Buy |
Gen Digital Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Gen Stock often depends not only on the future outlook of the current and potential Gen Digital's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Gen Digital's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 642 M | |
| Cash And Short Term Investments | 846 M |
Gen Digital Technical Analysis
Gen Digital's future price can be derived by breaking down and analyzing its technical indicators over time. Gen Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gen Digital. In general, you should focus on analyzing Gen Stock price patterns and their correlations with different microeconomic environments and drivers.
Gen Digital Predictive Forecast Models
Gen Digital's time-series forecasting models is one of many Gen Digital's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Gen Digital's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Gen Digital
Checking the ongoing alerts about Gen Digital for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gen Digital help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Gen Digital has 8.6 B in debt with debt to equity (D/E) ratio of 0.93, which is OK given its current industry classification. Gen Digital has a current ratio of 0.23, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Gen to invest in growth at high rates of return. | |
| Gen Digital has a strong financial position based on the latest SEC filings | |
| Over 86.0% of Gen Digital shares are owned by institutional investors | |
| On 12th of June 2024 Gen Digital paid $ 0.125 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Gen Digital is a Top-Ranked Growth Stock Should You Buy |
Additional Information and Resources on Investing in Gen Stock
When determining whether Gen Digital offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gen Digital's 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 Gen Digital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gen Digital Stock:Check out Gen Digital Backtesting, Gen Digital Valuation, Gen Digital Correlation, Gen Digital Hype Analysis, Gen Digital Volatility, Gen Digital History as well as Gen Digital Performance. To learn how to invest in Gen Stock, please use our How to Invest in Gen Digital guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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 (0.85) | Dividend Share 0.5 | Earnings Share 0.96 | Revenue Per Share 5.984 | Quarterly Revenue Growth 0.021 |
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.