Genesis Technology Stock Beta

6221 Stock  TWD 69.50  0.10  0.14%   
Genesis Technology fundamentals help investors to digest information that contributes to Genesis Technology's financial success or failures. It also enables traders to predict the movement of Genesis Stock. The fundamental analysis module provides a way to measure Genesis Technology's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Genesis Technology stock.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Genesis Beta Analysis

Genesis Technology's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it will be expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

 = 

Covariance

Variance

More About Beta | All Equity Analysis

Current Genesis Technology Beta

    
  0.45  
Most of Genesis Technology's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Genesis Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Competition

In accordance with the recently published financial statements, Genesis Technology has a Beta of 0.4497. This is 57.58% lower than that of the Technology sector and 63.44% lower than that of the Information Technology Services industry. The beta for all Taiwan stocks is notably lower than that of the firm.

Genesis Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Genesis Technology's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Genesis Technology could also be used in its relative valuation, which is a method of valuing Genesis Technology by comparing valuation metrics of similar companies.
Genesis Technology is currently under evaluation in beta category among related companies.
As returns on the market increase, Genesis Technology returns are expected to increase less than the market. However, during the bear market, the loss on holding Genesis Technology will be expected to be smaller as well.

Genesis Fundamentals

About Genesis Technology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Genesis Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Genesis Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Genesis Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Genesis Technology, Inc. provides various information technology solutions to enterprises in Taiwan. Genesis Technology, Inc. was founded in 1994 and is headquartered in Hsinchu, Taiwan. GENESIS TECHNOLOGY operates under Information Technology Services classification in Taiwan and is traded on Taiwan OTC Exchange.
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 Genesis Technology 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, Genesis Technology's short interest history, or implied volatility extrapolated from Genesis Technology options trading.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Thematic Ideas
Explore Investing Ideas  
Check out Genesis Technology Piotroski F Score and Genesis Technology Altman Z Score analysis.
You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Complementary Tools for Genesis Stock analysis

When running Genesis Technology's price analysis, check to measure Genesis Technology'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 Genesis Technology is operating at the current time. Most of Genesis Technology's value examination focuses on studying past and present price action to predict the probability of Genesis Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genesis Technology's price. Additionally, you may evaluate how the addition of Genesis Technology to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Genesis Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genesis Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genesis Technology'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.