Geo Price Fair Value from 2010 to 2024
| GEO Stock | USD 27.77 0.03 0.11% |
Price Fair Value | First Reported 2010-12-31 | Previous Quarter 1.02205941 | Current Value 0.97 | Quarterly Volatility 0.66489379 |
Check Geo financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Geo's main balance sheet or income statement drivers, such as Depreciation And Amortization of 119.5 M, Interest Expense of 229.2 M or Total Revenue of 1.3 B, as well as many indicators such as Price To Sales Ratio of 0.52, Dividend Yield of 0.0279 or PTB Ratio of 0.97. Geo financial statements analysis is a perfect complement when working with Geo Valuation or Volatility modules.
Geo | Price Fair Value |
Latest Geo's Price Fair Value Growth Pattern
Below is the plot of the Price Fair Value of Geo Group over the last few years. It is Geo's Price Fair Value historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Geo's overall financial position and show how it may be relating to other accounts over time.
| Price Fair Value | 10 Years Trend |
|
Price Fair Value |
| Timeline |
Geo Price Fair Value Regression Statistics
| Arithmetic Mean | 1.76 | |
| Geometric Mean | 1.64 | |
| Coefficient Of Variation | 37.70 | |
| Mean Deviation | 0.59 | |
| Median | 1.99 | |
| Standard Deviation | 0.66 | |
| Sample Variance | 0.44 | |
| Range | 1.8317 | |
| R-Value | (0.50) | |
| Mean Square Error | 0.36 | |
| R-Squared | 0.25 | |
| Significance | 0.06 | |
| Slope | (0.07) | |
| Total Sum of Squares | 6.19 |
Geo Price Fair Value History
About Geo Financial Statements
Geo investors utilize fundamental indicators, such as Price Fair Value, to predict how Geo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Price Fair Value | 1.02 | 0.97 |
Pair Trading with Geo
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Geo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Geo will appreciate offsetting losses from the drop in the long position's value.Moving together with Geo Stock
| 0.96 | G | Genpact Limited | PairCorr |
| 0.92 | BR | Broadridge Financial | PairCorr |
| 0.86 | KC | Kingsoft Cloud Holdings Buyout Trend | PairCorr |
Moving against Geo Stock
| 0.85 | VCIG | VCI Global Limited | PairCorr |
| 0.85 | DSS | DSS Inc | PairCorr |
| 0.79 | FC | Franklin Covey | PairCorr |
| 0.79 | MG | Mistras Group | PairCorr |
| 0.72 | EXPO | Exponent | PairCorr |
The ability to find closely correlated positions to Geo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Geo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Geo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Geo Group to buy it.
The correlation of Geo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Geo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Geo Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Geo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Geo Correlation against competitors. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Commercial Services & Supplies space 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 Geo. If investors know Geo 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 Geo 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 0.188 | Earnings Share 0.28 | Revenue Per Share 18.972 | Quarterly Revenue Growth 0.001 | Return On Assets 0.0555 |
The market value of Geo Group is measured differently than its book value, which is the value of Geo that is recorded on the company's balance sheet. Investors also form their own opinion of Geo's value that differs from its market value or its book value, called intrinsic value, which is Geo'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 Geo's market value can be influenced by many factors that don't directly affect Geo'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 Geo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Geo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Geo'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.