Genie Energy Stock Probability of Future Stock Price Finishing Over 16.04
| GNE Stock | USD 14.48 0.06 0.41% |
Genie |
Genie Energy Target Price Odds to finish over 16.04
The tendency of Genie Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over $ 16.04 or more in 90 days |
| 14.48 | 90 days | 16.04 | about 35.71 |
Based on a normal probability distribution, the odds of Genie Energy to move over $ 16.04 or more in 90 days from now is about 35.71 (This Genie Energy probability density function shows the probability of Genie Stock to fall within a particular range of prices over 90 days) . Probability of Genie Energy price to stay between its current price of $ 14.48 and $ 16.04 at the end of the 90-day period is about 60.92 .
Considering the 90-day investment horizon Genie Energy has a beta of 0.99. This usually indicates Genie Energy market returns are highly-sensitive to returns on the market. As the market goes up or down, Genie Energy is expected to follow. Additionally Genie Energy has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Genie Energy Price Density |
| Price |
Predictive Modules for Genie Energy
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Genie Energy. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Genie Energy Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Genie Energy is not an exception. The market had few large corrections towards the Genie Energy's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Genie Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Genie Energy within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.26 | |
β | Beta against Dow Jones | 0.99 | |
σ | Overall volatility | 0.71 | |
Ir | Information ratio | -0.15 |
Genie Energy Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Genie Energy for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Genie Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Genie Energy generated a negative expected return over the last 90 days | |
| Genie Energy is unlikely to experience financial distress in the next 2 years | |
| Genie Energy has a strong financial position based on the latest SEC filings | |
| About 21.0% of the company shares are held by company insiders | |
| Latest headline from businesswire.com: Genesis Energy, L.P. Announces Early Results and Initial Settlement Date for Tender Offer for Up to 575 Million Aggregate Principal Amount of Its 8.0 percent Senior Notes Due 2027 |
Genie Energy Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Genie Stock often depends not only on the future outlook of the current and potential Genie Energy's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Genie Energy's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 26.1 M | |
| Cash And Short Term Investments | 108 M |
Genie Energy Technical Analysis
Genie Energy's future price can be derived by breaking down and analyzing its technical indicators over time. Genie Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Genie Energy. In general, you should focus on analyzing Genie Stock price patterns and their correlations with different microeconomic environments and drivers.
Genie Energy Predictive Forecast Models
Genie Energy's time-series forecasting models is one of many Genie Energy's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Genie Energy's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Genie Energy
Checking the ongoing alerts about Genie Energy for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Genie Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Genie Energy generated a negative expected return over the last 90 days | |
| Genie Energy is unlikely to experience financial distress in the next 2 years | |
| Genie Energy has a strong financial position based on the latest SEC filings | |
| About 21.0% of the company shares are held by company insiders | |
| Latest headline from businesswire.com: Genesis Energy, L.P. Announces Early Results and Initial Settlement Date for Tender Offer for Up to 575 Million Aggregate Principal Amount of Its 8.0 percent Senior Notes Due 2027 |
Check out Genie Energy Backtesting, Genie Energy Valuation, Genie Energy Correlation, Genie Energy Hype Analysis, Genie Energy Volatility, Genie Energy History as well as Genie Energy Performance. For information on how to trade Genie Stock refer to our How to Trade Genie Stock guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Electric Utilities 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 Genie Energy. If investors know Genie 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 Genie Energy 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 (0.28) | Dividend Share 0.3 | Earnings Share 0.08 | Revenue Per Share 16.136 | Quarterly Revenue Growth (0.10) |
The market value of Genie Energy is measured differently than its book value, which is the value of Genie that is recorded on the company's balance sheet. Investors also form their own opinion of Genie Energy's value that differs from its market value or its book value, called intrinsic value, which is Genie Energy'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 Genie Energy's market value can be influenced by many factors that don't directly affect Genie Energy'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 Genie Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genie Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genie Energy'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.