Gen Digital Stock Forecast - Daily Balance Of Power
| GEN Stock | USD 27.65 0.21 0.75% |
Gen Stock Forecast is based on your current time horizon. Although Gen Digital's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Gen Digital's systematic risk associated with finding meaningful patterns of Gen Digital fundamentals over time.
Gen |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.25) | 0.0185 |
| Check Gen Digital Volatility | Backtest Gen Digital | Trend Details |
Gen Digital Trading Date Momentum
| On December 17 2024 Gen Digital was traded for 29.38 at the closing time. Highest Gen Digital's price during the trading hours was 29.81 and the lowest price during the day was 29.31 . The net volume was 3.5 M. The overall trading history on the 17th of December 2024 contributed to the next trading period price depreciation. The overall trading delta to the next next day price was 1.18% . The overall trading delta to current price is 6.46% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Gen Digital to competition |
Other Forecasting Options for Gen Digital
For every potential investor in Gen, whether a beginner or expert, Gen Digital's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Gen Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Gen. Basic forecasting techniques help filter out the noise by identifying Gen Digital's price trends.Gen Digital Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Gen Digital stock to make a market-neutral strategy. Peer analysis of Gen Digital could also be used in its relative valuation, which is a method of valuing Gen Digital by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Gen Digital Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Gen Digital's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Gen Digital's current price.| Cycle Indicators | ||
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| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Gen Digital Market Strength Events
Market strength indicators help investors to evaluate how Gen Digital stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gen Digital shares will generate the highest return on investment. By undertsting and applying Gen Digital stock market strength indicators, traders can identify Gen Digital entry and exit signals to maximize returns.
Gen Digital Risk Indicators
The analysis of Gen Digital's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Gen Digital's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting gen stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.07 | |||
| Semi Deviation | 1.47 | |||
| Standard Deviation | 1.69 | |||
| Variance | 2.86 | |||
| Downside Variance | 2.44 | |||
| Semi Variance | 2.15 | |||
| Expected Short fall | (1.14) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Gen Digital
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 Gen Digital 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 Gen Digital will appreciate offsetting losses from the drop in the long position's value.Moving against Gen Stock
| 0.71 | FAAS | DigiAsia Corp Symbol Change | PairCorr |
| 0.65 | MQ | Marqeta | PairCorr |
| 0.6 | VERI | Veritone Trending | PairCorr |
| 0.51 | VRNS | Varonis Systems | PairCorr |
| 0.44 | VHAI | VHAI | PairCorr |
The ability to find closely correlated positions to Gen Digital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gen Digital 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 Gen Digital - 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 Gen Digital to buy it.
The correlation of Gen Digital 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 Gen Digital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gen Digital 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 Gen Digital 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 Historical Fundamental Analysis of Gen Digital to cross-verify your projections. To learn how to invest in Gen Stock, please use our How to Invest in Gen Digital guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Application Software 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 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 0.132 | Dividend Share 0.5 | Earnings Share 0.99 | Revenue Per Share 6.171 | Quarterly Revenue Growth 0.031 |
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.