Gen Digital Stock Market Value
| GEN Stock | USD 24.89 0.53 2.18% |
| Symbol | Gen |
Gen Digital Company Valuation
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.
Gen Digital '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 Gen Digital'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 Gen Digital.
| 03/15/2024 |
| 06/13/2024 |
If you would invest 0.00 in Gen Digital on March 15, 2024 and sell it all today you would earn a total of 0.00 from holding Gen Digital or generate 0.0% return on investment in Gen Digital over 90 days. Gen Digital is related to or competes with NetScout Systems, CSG Systems, Evertec, OneSpan, Repay Holdings, and Sterling Check. Genesis Healthcare, Inc., together with its subsidiaries, owns and operates skilled nursing facilities and assistedsenio... More
Gen Digital 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 Gen Digital'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 Gen Digital upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.69 | |||
| Information Ratio | 0.0894 | |||
| Maximum Drawdown | 18.15 | |||
| Value At Risk | (2.41) | |||
| Potential Upside | 2.37 |
Gen Digital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gen Digital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gen Digital's standard deviation. In reality, there are many statistical measures that can use Gen Digital historical prices to predict the future Gen Digital's volatility.| Risk Adjusted Performance | 0.0668 | |||
| Jensen Alpha | 0.2155 | |||
| Total Risk Alpha | 0.2053 | |||
| Sortino Ratio | 0.1281 | |||
| Treynor Ratio | 0.1691 |
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 Backtested Returns
Gen Digital appears to be very steady, given 3 months investment horizon. Gen Digital holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Gen Digital, which you can use to evaluate the volatility of the firm. Please utilize Gen Digital's Market Risk Adjusted Performance of 0.1791, risk adjusted performance of 0.0668, and Downside Deviation of 1.69 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Gen Digital holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of 1.31, 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, Gen Digital will likely underperform. Please check Gen Digital's sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether Gen Digital's current trending patterns will revert.
Auto-correlation | -0.3 |
Weak reverse predictability
Gen Digital has weak reverse predictability. Overlapping area represents the amount of predictability between Gen Digital time series from 15th of March 2024 to 29th of April 2024 and 29th of April 2024 to 13th of June 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 Gen Digital price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Gen Digital price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 4.84 |
Gen Digital lagged returns against current returns
Autocorrelation, which is Gen Digital 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 Gen Digital's stock expected returns. We can calculate the autocorrelation of Gen Digital returns to help us make a trade decision. For example, suppose you find that Gen Digital 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 |
Gen Digital 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 Gen Digital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gen Digital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gen Digital stock over time.
Current vs Lagged Prices |
| Timeline |
Gen Digital Lagged Returns
When evaluating Gen Digital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gen Digital stock have on its future price. Gen Digital 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, Gen Digital autocorrelation shows the relationship between Gen Digital stock current value and its past values and can show if there is a momentum factor associated with investing in Gen Digital.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectAdditional 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 Correlation, Gen Digital Volatility and Gen Digital Alpha and Beta module to complement your research on Gen Digital. To learn how to invest in Gen Stock, please use our How to Invest in Gen Digital guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Gen Digital 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.