Genetec Technology (Malaysia) Market Value
| 0104 Stock | 1.23 0.06 5.13% |
| Symbol | Genetec |
Genetec Technology 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Genetec Technology's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Genetec Technology.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Genetec Technology on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Genetec Technology Bhd or generate 0.0% return on investment in Genetec Technology over 90 days. Genetec Technology is related to or competes with Binasat Communications, Magni Tech, Sunway Construction, and ONETECH SOLUTIONS. More
Genetec Technology Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Genetec Technology's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Genetec Technology Bhd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.37 | |||
| Information Ratio | 0.0611 | |||
| Maximum Drawdown | 18.44 | |||
| Value At Risk | (6.52) | |||
| Potential Upside | 6.8 |
Genetec Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Genetec Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Genetec Technology's standard deviation. In reality, there are many statistical measures that can use Genetec Technology historical prices to predict the future Genetec Technology's volatility.| Risk Adjusted Performance | 0.0448 | |||
| Jensen Alpha | 0.2758 | |||
| Total Risk Alpha | 0.6047 | |||
| Sortino Ratio | 0.0591 | |||
| Treynor Ratio | 0.1403 |
Genetec Technology Bhd Backtested Returns
As of now, Genetec Stock is dangerous. Genetec Technology Bhd holds Efficiency (Sharpe) Ratio of 0.0211, which attests that the entity had a 0.0211 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Genetec Technology Bhd, which you can use to evaluate the volatility of the firm. Please check out Genetec Technology's Downside Deviation of 4.37, market risk adjusted performance of 0.1503, and Risk Adjusted Performance of 0.0448 to validate if the risk estimate we provide is consistent with the expected return of 0.0893%. Genetec Technology has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 1.19, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Genetec Technology will likely underperform. Genetec Technology Bhd right now retains a risk of 4.24%. Please check out Genetec Technology coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to decide if Genetec Technology will be following its current trending patterns.
Auto-correlation | -0.56 |
Good reverse predictability
Genetec Technology Bhd has good reverse predictability. Overlapping area represents the amount of predictability between Genetec Technology time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Genetec Technology Bhd price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Genetec Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Genetec Technology Bhd lagged returns against current returns
Autocorrelation, which is Genetec Technology stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Genetec Technology's stock expected returns. We can calculate the autocorrelation of Genetec Technology returns to help us make a trade decision. For example, suppose you find that Genetec Technology has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Genetec Technology regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Genetec Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Genetec Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Genetec Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Genetec Technology Lagged Returns
When evaluating Genetec Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Genetec Technology stock have on its future price. Genetec Technology autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Genetec Technology autocorrelation shows the relationship between Genetec Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Genetec Technology Bhd.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Genetec Stock
Genetec Technology financial ratios help investors to determine whether Genetec Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Genetec with respect to the benefits of owning Genetec Technology security.