GENESIS Beta

6221
  

TWD 53.50  0.30  0.56%   

GENESIS TECHNOLOGY INC 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.
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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

    
  0.44  
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 INC 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.
Compare to competition

In accordance with the recently published financial statements, GENESIS TECHNOLOGY INC has a Beta of 0.44. This is 58.49% lower than that of the Technology sector and 64.23% 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.
Let's try to break down what GENESIS's beta means in this case. 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 INC'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 INC 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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in GENESIS TECHNOLOGY without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Thematic Opportunities

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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.
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Please continue to GENESIS TECHNOLOGY Piotroski F Score and GENESIS TECHNOLOGY Altman Z Score analysis. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Other Tools for GENESIS Stock

When running GENESIS TECHNOLOGY INC 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 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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