Genuine Parts Co Stock Probability of Future Stock Price Finishing Under 155.27
| GPC Stock | USD 142.99 1.78 1.23% |
Closest to current price Genuine long CALL Option Payoff at Expiration
Genuine |
Genuine Parts Target Price Odds to finish below 155.27
The tendency of Genuine 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 $ 155.27 after 90 days |
| 142.99 | 90 days | 155.27 | about 68.99 |
Based on a normal probability distribution, the odds of Genuine Parts to stay under $ 155.27 after 90 days from now is about 68.99 (This Genuine Parts Co probability density function shows the probability of Genuine Stock to fall within a particular range of prices over 90 days) . Probability of Genuine Parts price to stay between its current price of $ 142.99 and $ 155.27 at the end of the 90-day period is about 64.32 .
Considering the 90-day investment horizon Genuine Parts has a beta of 0.96. This usually indicates Genuine Parts Co market returns are highly-sensitive to returns on the market. As the market goes up or down, Genuine Parts is expected to follow. Additionally Genuine Parts Co has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite. Genuine Parts Price Density |
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Predictive Modules for Genuine Parts
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Genuine Parts. 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 Genuine Parts' 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.
Genuine Parts Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Genuine Parts is not an exception. The market had few large corrections towards the Genuine Parts' 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 Genuine Parts Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Genuine Parts within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | -0.08 | |
β | Beta against NYSE Composite | 0.96 | |
σ | Overall volatility | 5.70 | |
Ir | Information ratio | -0.05 |
Genuine Parts 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 Genuine Parts for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Genuine Parts can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Genuine Parts generated a negative expected return over the last 90 days | |
| Over 81.0% of the company shares are owned by institutional investors | |
| Latest headline from investorplace.com: Dividend Dynamos 3 Stocks Delivering Consistent Payouts in Turbulent Times |
Genuine Parts 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 Genuine Stock often depends not only on the future outlook of the current and potential Genuine Parts' 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. Genuine Parts' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 141 M | |
| Cash And Short Term Investments | 1.1 B |
Genuine Parts Technical Analysis
Genuine Parts' future price can be derived by breaking down and analyzing its technical indicators over time. Genuine Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Genuine Parts Co. In general, you should focus on analyzing Genuine Stock price patterns and their correlations with different microeconomic environments and drivers.
Genuine Parts Predictive Forecast Models
Genuine Parts' time-series forecasting models is one of many Genuine Parts' 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 Genuine Parts' 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 Genuine Parts
Checking the ongoing alerts about Genuine Parts for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Genuine Parts help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Genuine Parts generated a negative expected return over the last 90 days | |
| Over 81.0% of the company shares are owned by institutional investors | |
| Latest headline from investorplace.com: Dividend Dynamos 3 Stocks Delivering Consistent Payouts in Turbulent Times |
Additional Information and Resources on Investing in Genuine Stock
When determining whether Genuine Parts offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Genuine Parts' 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 Genuine Parts Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Genuine Parts Co Stock:Check out Genuine Parts Backtesting, Genuine Parts Valuation, Genuine Parts Correlation, Genuine Parts Hype Analysis, Genuine Parts Volatility, Genuine Parts History as well as Genuine Parts Performance. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Distributors 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 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 8.98 | 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.