Gentex Stock Technical Analysis
GNTX Stock | USD 34.25 0.34 1.00% |
As of the 22nd of April, Gentex retains the Market Risk Adjusted Performance of 0.0796, downside deviation of 0.9986, and Risk Adjusted Performance of 0.0459. Gentex technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Gentex, which can be compared to its competitors. Please check out Gentex coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Gentex is priced fairly, providing market reflects its last-minute price of 34.25 per share. Given that Gentex has jensen alpha of (0.01), we strongly advise you to confirm Gentex's regular market performance to make sure the company can sustain itself at a future point.
Gentex Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Gentex, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GentexGentex |
Gentex Analyst Consensus
Target Price | Advice | # of Analysts | |
36.89 | Buy | 10 | Odds |
Most Gentex analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Gentex stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Gentex, talking to its executives and customers, or listening to Gentex conference calls.
Gentex 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.
Gentex Technical Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Gentex volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Gentex Trend Analysis
Use this graph to draw trend lines for Gentex. You can use it to identify possible trend reversals for Gentex as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Gentex price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Gentex Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Gentex applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Gentex will continue generating value for investors. It has 122 observation points and a regression sum of squares at 9.86, which is the sum of squared deviations for the predicted Gentex price change compared to its average price change.About Gentex Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Gentex on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Gentex based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Gentex price pattern first instead of the macroeconomic environment surrounding Gentex. By analyzing Gentex's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Gentex's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Gentex specific price patterns or momentum indicators. Please read more on our technical analysis page.
2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.014 | 0.018 | 0.015 | 0.0212 | Price To Sales Ratio | 4.74 | 3.28 | 3.26 | 3.33 |
Gentex April 22, 2024 Technical Indicators
Most technical analysis of Gentex help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Gentex from various momentum indicators to cycle indicators. When you analyze Gentex charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0459 | |||
Market Risk Adjusted Performance | 0.0796 | |||
Mean Deviation | 0.8114 | |||
Semi Deviation | 0.9064 | |||
Downside Deviation | 0.9986 | |||
Coefficient Of Variation | 1499.94 | |||
Standard Deviation | 1.24 | |||
Variance | 1.53 | |||
Information Ratio | (0) | |||
Jensen Alpha | (0.01) | |||
Total Risk Alpha | (0.08) | |||
Sortino Ratio | (0) | |||
Treynor Ratio | 0.0696 | |||
Maximum Drawdown | 9.24 | |||
Value At Risk | (1.56) | |||
Potential Upside | 1.42 | |||
Downside Variance | 0.9972 | |||
Semi Variance | 0.8216 | |||
Expected Short fall | (0.87) | |||
Skewness | 2.13 | |||
Kurtosis | 10.93 |
Gentex April 22, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Gentex stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution | 14,776 | ||
Daily Balance Of Power | 0.65 | ||
Rate Of Daily Change | 1.01 | ||
Day Median Price | 34.16 | ||
Day Typical Price | 34.19 | ||
Price Action Indicator | 0.26 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gentex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Gentex Stock please use our How to Invest in Gentex guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Gentex Stock analysis
When running Gentex's price analysis, check to measure Gentex'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 Gentex is operating at the current time. Most of Gentex's value examination focuses on studying past and present price action to predict the probability of Gentex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gentex's price. Additionally, you may evaluate how the addition of Gentex to your portfolios can decrease your overall portfolio volatility.
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |
Is Gentex'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 Gentex. If investors know Gentex 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 Gentex 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 0.352 | Dividend Share 0.48 | Earnings Share 1.84 | Revenue Per Share 10.022 | Quarterly Revenue Growth 0.193 |
The market value of Gentex is measured differently than its book value, which is the value of Gentex that is recorded on the company's balance sheet. Investors also form their own opinion of Gentex's value that differs from its market value or its book value, called intrinsic value, which is Gentex'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 Gentex's market value can be influenced by many factors that don't directly affect Gentex'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 Gentex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gentex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gentex'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.