Gentex (Germany) Price on June 4, 2024
| GTX Stock | EUR 28.00 0.20 0.71% |
If you're considering investing in Gentex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gentex stands at 28.00, as last reported on the 26th of December, with the highest price reaching 28.00 and the lowest price hitting 28.00 during the day. At this point, Gentex is very steady. Gentex holds Efficiency (Sharpe) Ratio of 0.0275, which attests that the entity had a 0.0275% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Gentex, which you can use to evaluate the volatility of the firm. Please check out Gentex's Market Risk Adjusted Performance of (23.77), downside deviation of 1.42, and Risk Adjusted Performance of 0.0553 to validate if the risk estimate we provide is consistent with the expected return of 0.0413%.
Gentex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Gentex |
Sharpe Ratio = 0.0275
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | GTX |
Estimated Market Risk
| 1.5 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Gentex is performing at about 2% 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 Gentex by adding it to a well-diversified portfolio.
Gentex Valuation on June 4, 2024
It is possible to determine the worth of Gentex on a given historical date. On June 4, 2024 Gentex was worth 31.73 at the beginning of the trading date compared to the closed value of 31.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gentex stock. Still, in general, we apply an absolute valuation method to find Gentex's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Gentex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gentex's related companies.
| Open | High | Low | Close | Volume | |
| 31.93 | 31.93 | 31.73 | 31.73 | 740.00 | |
06/04/2024 | 31.73 | 31.73 | 31.73 | 31.73 | 1.00 |
| 31.34 | 31.34 | 31.34 | 31.34 | 580.00 |
| Backtest Gentex | | | Gentex History | | | Gentex Valuation | Previous | Next |
Gentex Trading Date Momentum on June 4, 2024
| On June 05 2024 Gentex was traded for 31.34 at the closing time. The highest daily price throughout the period was 31.34 and the lowest price was 31.34 . The daily volume was 580. The net trading volume on 06/05/2024 added to the next day price reduction. The overall trading delta to closing price of the next trading day was 1.23% . The overall trading delta to current closing price is 0.00% . |
Gentex Fundamentals Correlations and Trends
By evaluating Gentex's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Gentex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gentex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gentex Stock history
Gentex investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Gentex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gentex will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Gentex stock prices may prove useful in developing a viable investing in Gentex
Gentex Corporation designs, develops, manufactures, markets, and supplies digital vision, connected car, dimmable glass, and fire protection products in the United States, Germany, Japan, Mexico, and internationally. The company was founded in 1974 and is headquartered in Zeeland, Michigan. GENTEX CORP operates under Auto Parts classification in Germany and is traded on Frankfurt Stock Exchange. It employs 5303 people.
Gentex Stock Technical Analysis
Gentex technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Gentex Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
Gentex cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Gentex December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Gentex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gentex shares will generate the highest return on investment. By undertsting and applying Gentex stock market strength indicators, traders can identify Gentex entry and exit signals to maximize returns
Gentex Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gentex's price direction in advance. Along with the technical and fundamental analysis of Gentex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gentex to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0553 | |||
| Jensen Alpha | 0.0857 | |||
| Total Risk Alpha | 0.0039 | |||
| Sortino Ratio | 0.0297 | |||
| Treynor Ratio | (23.78) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Gentex Stock analysis
When running Gentex's price analysis, check to measure Gentex'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 Gentex is operating at the current time. Most of Gentex's value examination focuses on studying past and present price action to predict the probability of Gentex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gentex's price. Additionally, you may evaluate how the addition of Gentex to your portfolios can decrease your overall portfolio volatility.
| Transaction History View history of all your transactions and understand their impact on performance | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |