Gen Digital Stock Market Value
| GEN Stock | USD 20.55 0.28 1.34% |
| Symbol | Gen |
Gen Digital Price To Book Ratio
Is Gen Digital's 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 Gen Digital. If investors know Gen 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 Gen Digital 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 (0.12) | Dividend Share 0.5 | Earnings Share 2.21 | Revenue Per Share 5.923 | Quarterly Revenue Growth 0.016 |
The market value of Gen Digital is measured differently than its book value, which is the value of Gen that is recorded on the company's balance sheet. Investors also form their own opinion of Gen Digital's value that differs from its market value or its book value, called intrinsic value, which is Gen Digital's 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 Gen Digital's market value can be influenced by many factors that don't directly affect Gen Digital's 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 Gen Digital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gen Digital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gen Digital'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.
Gen Digital 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Gen Digital's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Gen Digital.
| 03/27/2024 |
| 04/26/2024 |
If you would invest 0.00 in Gen Digital on March 27, 2024 and sell it all today you would earn a total of 0.00 from holding Gen Digital or generate 0.0% return on investment in Gen Digital over 30 days. Gen Digital is related to or competes with Palo Alto, and Okta. Genesis Healthcare, Inc., together with its subsidiaries, owns and operates skilled nursing facilities and assistedsenio... More
Gen Digital Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Gen Digital's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Gen Digital upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 13.11 | |||
| Value At Risk | (2.48) | |||
| Potential Upside | 1.96 |
Gen Digital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gen Digital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gen Digital's standard deviation. In reality, there are many statistical measures that can use Gen Digital historical prices to predict the future Gen Digital's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.75) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gen Digital's 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.
Gen Digital Backtested Returns
Gen Digital holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. Gen Digital exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gen Digital's Risk Adjusted Performance of (0.05), market risk adjusted performance of (0.74), and Standard Deviation of 2.04 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Gen Digital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gen Digital is expected to be smaller as well. Gen Digital has an expected return of -0.23%. Please make sure to check out Gen Digital value at risk, as well as the relationship between the accumulation distribution and day typical price , to decide if Gen Digital performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.28 |
Poor predictability
Gen Digital has poor predictability. Overlapping area represents the amount of predictability between Gen Digital time series from 27th of March 2024 to 11th of April 2024 and 11th of April 2024 to 26th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Gen Digital price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Gen Digital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Gen Digital lagged returns against current returns
Autocorrelation, which is Gen Digital stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Gen Digital's stock expected returns. We can calculate the autocorrelation of Gen Digital returns to help us make a trade decision. For example, suppose you find that Gen Digital has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Gen Digital regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Gen Digital stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gen Digital stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gen Digital stock over time.
Current vs Lagged Prices |
| Timeline |
Gen Digital Lagged Returns
When evaluating Gen Digital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gen Digital stock have on its future price. Gen Digital autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Gen Digital autocorrelation shows the relationship between Gen Digital stock current value and its past values and can show if there is a momentum factor associated with investing in Gen Digital.
Regressed Prices |
| Timeline |
Gen Digital Investors Sentiment
The influence of Gen Digital's 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 Gen. 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 Gen Digital's public news can be used to forecast risks associated with an investment in Gen. The trend in average sentiment can be used to explain how an investor holding Gen can time the market purely based on public headlines and social activities around Gen Digital. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Gen Digital's 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 Gen Digital's 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 Gen Digital's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Gen Digital.
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 Gen Digital 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, Gen Digital's short interest history, or implied volatility extrapolated from Gen Digital options trading.
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Try AI Portfolio ArchitectCheck out Gen Digital Correlation, Gen Digital Volatility and Gen Digital Alpha and Beta module to complement your research on Gen Digital. To learn how to invest in Gen Stock, please use our How to Invest in Gen Digital guide.Note that the Gen Digital information on this page should be used as a complementary analysis to other Gen Digital's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Complementary Tools for Gen Stock analysis
When running Gen Digital's price analysis, check to measure Gen Digital'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 Gen Digital is operating at the current time. Most of Gen Digital's value examination focuses on studying past and present price action to predict the probability of Gen Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gen Digital's price. Additionally, you may evaluate how the addition of Gen Digital to your portfolios can decrease your overall portfolio volatility.
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