Genuine Parts Stock Forecast - Accumulation Distribution
| GPC Stock | USD 161.80 1.58 0.97% |
Genuine Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Genuine Parts stock prices and determine the direction of Genuine Parts Co's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Genuine Parts' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Genuine Parts' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Genuine Parts' systematic risk associated with finding meaningful patterns of Genuine Parts fundamentals over time.
Check out Historical Fundamental Analysis of Genuine Parts to cross-verify your projections. Genuine |
Open Interest Against 2024-05-17 Genuine Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Genuine Parts' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Genuine Parts' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Genuine Parts stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Genuine Parts' open interest, investors have to compare it to Genuine Parts' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Genuine Parts is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Genuine. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Genuine Parts cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Genuine Parts' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Genuine Parts' price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Genuine Parts is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Genuine Parts Co to determine if accumulation or reduction is taking place in the market. This value is adjusted by Genuine Parts trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 19972.34 | 17808.38 |
| Check Genuine Parts Volatility | Backtest Genuine Parts | Information Ratio |
Genuine Parts Trading Date Momentum
| On April 24 2024 Genuine Parts Co was traded for 161.80 at the closing time. Highest Genuine Parts's price during the trading hours was 163.73 and the lowest price during the day was 161.22 . The net volume was 1.2 M. The overall trading history on the 24th of April did not cause price change. The overall trading delta to current price is 0.78% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Genuine Parts to competition |
Other Forecasting Options for Genuine Parts
For every potential investor in Genuine, whether a beginner or expert, Genuine Parts' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Genuine Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Genuine. Basic forecasting techniques help filter out the noise by identifying Genuine Parts' price trends.Genuine Parts Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Genuine Parts stock to make a market-neutral strategy. Peer analysis of Genuine Parts could also be used in its relative valuation, which is a method of valuing Genuine Parts by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Genuine Parts Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Genuine Parts' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Genuine Parts' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Genuine Parts Market Strength Events
Market strength indicators help investors to evaluate how Genuine Parts stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Genuine Parts shares will generate the highest return on investment. By undertsting and applying Genuine Parts stock market strength indicators, traders can identify Genuine Parts Co entry and exit signals to maximize returns.
| Accumulation Distribution | 17808.38 | |||
| Daily Balance Of Power | (0.63) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 162.48 | |||
| Day Typical Price | 162.25 | |||
| Price Action Indicator | (1.46) | |||
| Period Momentum Indicator | (1.58) | |||
| Relative Strength Index | 31.16 |
Genuine Parts Risk Indicators
The analysis of Genuine Parts' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Genuine Parts' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting genuine stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.9262 | |||
| Semi Deviation | 0.7714 | |||
| Standard Deviation | 1.67 | |||
| Variance | 2.8 | |||
| Downside Variance | 1.06 | |||
| Semi Variance | 0.5951 | |||
| Expected Short fall | (1.08) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Genuine Parts Investors Sentiment
The influence of Genuine Parts' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Genuine. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Genuine Parts' public news can be used to forecast risks associated with an investment in Genuine. The trend in average sentiment can be used to explain how an investor holding Genuine can time the market purely based on public headlines and social activities around Genuine Parts Co. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Genuine Parts' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Genuine Parts' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Genuine Parts' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Genuine Parts.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Genuine Parts in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Genuine Parts' short interest history, or implied volatility extrapolated from Genuine Parts options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Genuine Parts to cross-verify your projections. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Genuine Stock analysis
When running Genuine Parts' price analysis, check to measure Genuine Parts' 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 Genuine Parts is operating at the current time. Most of Genuine Parts' value examination focuses on studying past and present price action to predict the probability of Genuine Parts' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genuine Parts' price. Additionally, you may evaluate how the addition of Genuine Parts to your portfolios can decrease your overall portfolio volatility.
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Money Managers Screen money managers from public funds and ETFs managed around the world |
Is Genuine Parts' 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 Genuine Parts. If investors know Genuine 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 Genuine Parts 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 (0.17) | Dividend Share 3.85 | Earnings Share 8.97 | Revenue Per Share 165.038 | Quarterly Revenue Growth 0.003 |
The market value of Genuine Parts is measured differently than its book value, which is the value of Genuine that is recorded on the company's balance sheet. Investors also form their own opinion of Genuine Parts' value that differs from its market value or its book value, called intrinsic value, which is Genuine Parts' 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 Genuine Parts' market value can be influenced by many factors that don't directly affect Genuine Parts' 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 Genuine Parts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Genuine Parts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genuine Parts' 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.