Short Interest in Genesis Growth Tech Acquisition Corp. Decreases By 63.1
| GGAAWDelisted Stock | USD 0.18 0.03 20.00% |
Slightly above 55% of Genesis Growth's sophisticated investors are presently thinking to get in. The analysis of current outlook of investing in Genesis Growth Tech suggests that some traders are interested regarding Genesis Growth's prospects. Genesis Growth's investing sentiment can be driven by a variety of factors including economic data, Genesis Growth's earnings reports, geopolitical events, and overall market trends.
Genesis |
Genesis Growth Tech Acquisition Corp. was the recipient of a large decrease in short interest in May. As of May 31st, there was short interest totalling 6,900 shares, a decrease of 63.1 percent from the May 15th total of 18,700 shares. Based on an average trading volume of 14,300 shares, the short-interest
Read at thelincolnianonline.com
 |
Genesis Growth Fundamental Analysis
We analyze Genesis Growth's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Genesis Growth using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Genesis Growth based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Number Of Shares Shorted
Number Of Shares Shorted Comparative Analysis
Genesis Growth is currently under evaluation in number of shares shorted category among its peers. Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Genesis Growth Tech Potential Pair-trading
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 Genesis Growth stock to make a market-neutral strategy. Peer analysis of Genesis Growth could also be used in its relative valuation, which is a method of valuing Genesis Growth by comparing valuation metrics with similar companies.
Peers
Genesis Growth Related Equities
| ENLT | Enlight Renewable | 1.05 | ||||
| AKTAF | AKITA Drilling | 0.86 | ||||
| SDRL | Seadrill | 0.77 | ||||
| ENIC | Enel Chile | 0.34 | ||||
| UUGWF | United Utilities | 0.00 | ||||
| VST | Vistra Energy | 0.41 | ||||
| MJDLF | Major Drilling | 0.65 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Other Consideration for investing in Genesis Stock
If you are still planning to invest in Genesis Growth Tech check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Genesis Growth's history and understand the potential risks before investing.
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. |