Genesis Technology (Taiwan) Performance

6221 Stock  TWD 54.70  0.20  0.37%   
Genesis Technology has a performance score of 8 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0487, which attests to not very significant fluctuations relative to the market. 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. Although it is important to respect Genesis Technology current price history, it is better to be realistic regarding the information on the equity's current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Genesis Technology technical indicators, you can presently evaluate if the expected return of 0.083% will be sustainable into the future. Genesis Technology right now retains a risk of 0.76%. Please check out Genesis Technology downside deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance to decide if Genesis Technology will be following its current trending patterns.
  
Genesis Performance
8 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Genesis Technology are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of fairly stable basic indicators, Genesis Technology is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more

Structure and Payout Changes

Forward Dividend Yield
0.0189
Payout Ratio
0.3046
Last Split Factor
1149:1000
Forward Dividend Rate
1
Ex Dividend Date
2022-08-26

Genesis Price Channel

Begin Period Cash Flow557.1 M
Total Cashflows From Investing Activities40.9 M

Genesis Technology Relative Risk vs. Return Landscape

If you would invest  5,230  in Genesis Technology on November 9, 2022 and sell it today you would earn a total of  240.00  from holding Genesis Technology or generate 4.59% return on investment over 90 days. Genesis Technology is generating 0.083% of daily returns and assumes 0.758% volatility on return distribution over the 90 days horizon. Simply put, 6% of stocks are less volatile than Genesis, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days.
  Daily Expected Return (%)  
       Risk (%)  
Assuming the 90 days trading horizon Genesis Technology is expected to generate 1.76 times less return on investment than the market. But when comparing it to its historical volatility, the company is 1.41 times less risky than the market. It trades about 0.11 of its potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.14 of returns per unit of risk over similar time horizon.

Genesis Technology Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Genesis Technology's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Genesis Technology, and traders can use it to determine the average amount a Genesis Technology's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.1094

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Estimated Market Risk
 0.76
  actual daily
 
 6 %
of total potential
 
66
Expected Return
 0.08
  actual daily
 
 1 %
of total potential
 
11
Risk-Adjusted Return
 0.11
  actual daily
 
 8 %
of total potential
 
88
Based on monthly moving average Genesis Technology is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Genesis Technology by adding it to a well-diversified portfolio.

About Genesis Technology Performance

To evaluate Genesis Technology Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Genesis Technology generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Genesis Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Genesis Technology market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Genesis's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
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.

Things to note about Genesis Technology

Checking the ongoing alerts about Genesis Technology for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Genesis Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Genesis Technology Alerts

Equity Alerts and Improvement Suggestions

About 79.0% of the company shares are owned by insiders or employees
Please continue to Trending Equities. You can also try ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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When running Genesis Technology 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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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 Genesis Technology value 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.