Gentex Story

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GNTX -- USA Stock  

USD 35.14  0.92  2.55%

Whilst many millenniums are getting more into consumer cyclical space, it makes sense to break down Gentex against current trends within the economy. As we have suggested previously, Gentex is beginning its slide as investors shift to be more bearish due to the increased sector volatility. The returns on the market and returns on Gentex appear slightly correlated for the last few months. Strong technical and fundamental indicators of the company may also suggest signals of long term gains for Gentex investors. Gentex is scheduled to announce its earnings today. The next earnings report is expected on the 23rd of April 2021.
Published over three weeks ago
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Should you buy Gentex (NASDAQ:GNTX) based on current technical indicators?
The company's average rating is Buy from 6 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Gentex market sentiment investors' perception of the future value of Gentex. Let us look at a few aspects of Gentex technical analysis. The company has Profit Margin (PM) of 18.96 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 28.5 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.28.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Gentex Corp. In general, we focus on analyzing Gentex Corp stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Gentex Corp's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Gentex Corp's intrinsic value. In addition to deriving basic predictive indicators for Gentex Corp, we also check how macroeconomic factors affect Gentex Corp price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Gentex Corp's stock 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. Please use the tools below to analyze the current value of Gentex Corp in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Gentex Corp. Your research has to be compared to or analyzed against Gentex Corp's peers to derive any actionable benefits. When done correctly, Gentex Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Gentex Corp.

How does Gentex Stands against Peers?

Analyzing Gentex Corp competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Gentex Corp across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out Gentex Corp Competition Details

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Gentex Corp, but it might be worth checking our own buy vs. sell analysis

Sale by Scott Ryan of 1650 shares of Gentex Corp

Legal trades by Gentex Corp insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
Gentex insider trading alert for sale of common stock by Scott Ryan, General Counsel, on 23rd of February 2021. This event was filed by Gentex Corp with SEC on 2021-02-23. Statement of changes in beneficial ownership - SEC Form 4. Scott Ryan currently serves as assistant general counsel and corporate secretary of Gentex Corp [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Closer look at Gentex Semi Variance

Gentex has current Semi Variance of 2.46. Semi-variance provides a good measure of downside volatility for equity or a portfolio. It is similar to variance, but it only looks at periods where the returns are less than the target or average level.

Semi-variance is the square of semi-deviation. Semi-variance is calculated by averaging the deviations of returns that have a result that is less than the mean.

Semi Variance 
 = 
SUM(RET DEV)2 
N(ZERO) 
 = 
2.46
SUM = Summation notation
RET DEV = Actual return deviation over selected period
N(ZERO) = Number of points with returns less than zero
Let's now compare Gentex Semi Variance to its closest peers:
GNTX
GTXMQ
GT
DORM
ALV
GNTX2.4608134540965336
GTXMQ4.72
GT18.08
DORM4.34
ALV3.6

Gentex is projected to stay under $34 in March

Risk adjusted performance is down to 0.11. It may suggest a possible volatility slide. Gentex has relatively low volatility with skewness of -0.53 and kurtosis of 0.72. However, we advise all investors to independently investigate Gentex to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns.

Our Final Takeaway

While some firms under the auto parts industry are still a bit expensive, Gentex may offer a potential longer-term growth to investors. While some investors may not share our view, we believe it may be a good time to increase your existing holdings in Gentex as the risk-reward trade off is appealing enough to hold a position. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Gentex.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Gentex Corp. Please refer to our Terms of Use for any information regarding our disclosure principles.

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