Gentherm Stock Market Value
| THRM Stock | USD 50.74 0.34 0.67% |
| Symbol | Gentherm |
Gentherm Price To Book Ratio
Is Gentherm's industry 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 Gentherm. If investors know Gentherm 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 Gentherm 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 0.655 | Earnings Share 1.22 | Revenue Per Share 44.819 | Quarterly Revenue Growth 0.069 | Return On Assets 0.0514 |
The market value of Gentherm is measured differently than its book value, which is the value of Gentherm that is recorded on the company's balance sheet. Investors also form their own opinion of Gentherm's value that differs from its market value or its book value, called intrinsic value, which is Gentherm'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 Gentherm's market value can be influenced by many factors that don't directly affect Gentherm'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 Gentherm's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gentherm is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gentherm'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.
Gentherm '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 Gentherm'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 Gentherm.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Gentherm on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Gentherm or generate 0.0% return on investment in Gentherm over 30 days. Gentherm is related to or competes with Fox Factory, Douglas Dynamics, and Monro Muffler. Gentherm Incorporated designs, develops, manufactures, and markets thermal management technologies More
Gentherm 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 Gentherm'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 Gentherm upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.86 | |||
| Information Ratio | 0.0084 | |||
| Maximum Drawdown | 25.53 | |||
| Value At Risk | (3.17) | |||
| Potential Upside | 3.14 |
Gentherm Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gentherm's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gentherm's standard deviation. In reality, there are many statistical measures that can use Gentherm historical prices to predict the future Gentherm's volatility.| Risk Adjusted Performance | 0.0323 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.014 | |||
| Treynor Ratio | 0.056 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gentherm'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.
Gentherm Backtested Returns
We consider Gentherm very steady. Gentherm holds Efficiency (Sharpe) Ratio of 0.0338, which attests that the entity had a 0.0338% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Gentherm, which you can use to evaluate the volatility of the firm. Please check out Gentherm's Market Risk Adjusted Performance of 0.066, risk adjusted performance of 0.0323, and Downside Deviation of 1.86 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. Gentherm has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 1.99, 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, Gentherm will likely underperform. Gentherm right now retains a risk of 3.18%. Please check out Gentherm value at risk, as well as the relationship between the skewness and day median price , to decide if Gentherm will be following its current trending patterns.
Auto-correlation | -0.02 |
Very weak reverse predictability
Gentherm has very weak reverse predictability. Overlapping area represents the amount of predictability between Gentherm time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 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 Gentherm price movement. The serial correlation of -0.02 indicates that only 2.0% of current Gentherm price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 3.41 |
Gentherm lagged returns against current returns
Autocorrelation, which is Gentherm 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 Gentherm's stock expected returns. We can calculate the autocorrelation of Gentherm returns to help us make a trade decision. For example, suppose you find that Gentherm 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 |
Gentherm 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 Gentherm stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gentherm stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gentherm stock over time.
Current vs Lagged Prices |
| Timeline |
Gentherm Lagged Returns
When evaluating Gentherm's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gentherm stock have on its future price. Gentherm 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, Gentherm autocorrelation shows the relationship between Gentherm stock current value and its past values and can show if there is a momentum factor associated with investing in Gentherm.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Gentherm is a strong investment it is important to analyze Gentherm's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Gentherm's future performance. For an informed investment choice regarding Gentherm Stock, refer to the following important reports:Check out Gentherm Correlation, Gentherm Volatility and Gentherm Alpha and Beta module to complement your research on Gentherm. To learn how to invest in Gentherm Stock, please use our How to Invest in Gentherm guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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When running Gentherm's price analysis, check to measure Gentherm'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 Gentherm is operating at the current time. Most of Gentherm's value examination focuses on studying past and present price action to predict the probability of Gentherm's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gentherm's price. Additionally, you may evaluate how the addition of Gentherm to your portfolios can decrease your overall portfolio volatility.
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Gentherm technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.