Genus Paper (India) Market Value
| GENUSPAPER | 21.76 0.28 1.27% |
| Symbol | Genus |
Genus Paper '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 Genus Paper'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 Genus Paper.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Genus Paper on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Genus Paper Boards or generate 0.0% return on investment in Genus Paper over 60 days. Genus Paper is related to or competes with NMDC, Steel Authority, Embassy Office, Jai Balaji, Gujarat Narmada, Gujarat Alkalies, and Indian Metals. Genus Paper is entity of India. It is traded as Stock on NSE exchange. More
Genus Paper 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 Genus Paper'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 Genus Paper Boards upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 11.89 | |||
| Value At Risk | (4.05) | |||
| Potential Upside | 4.47 |
Genus Paper Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Genus Paper's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Genus Paper's standard deviation. In reality, there are many statistical measures that can use Genus Paper historical prices to predict the future Genus Paper's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (3.77) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Genus Paper's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Genus Paper Boards Backtested Returns
Genus Paper Boards holds Efficiency (Sharpe) Ratio of -0.0236, which attests that the entity had a -0.0236% return per unit of risk over the last 3 months. Genus Paper Boards exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Genus Paper's Standard Deviation of 2.8, risk adjusted performance of (0.07), and Market Risk Adjusted Performance of (3.76) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0752, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Genus Paper's returns are expected to increase less than the market. However, during the bear market, the loss of holding Genus Paper is expected to be smaller as well. At this point, Genus Paper Boards has a negative expected return of -0.0622%. Please make sure to check out Genus Paper's information ratio, skewness, as well as the relationship between the Skewness and day typical price , to decide if Genus Paper Boards performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.28 |
Weak reverse predictability
Genus Paper Boards has weak reverse predictability. Overlapping area represents the amount of predictability between Genus Paper time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 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 Genus Paper Boards price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Genus Paper price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.5 |
Genus Paper Boards lagged returns against current returns
Autocorrelation, which is Genus Paper 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 Genus Paper's stock expected returns. We can calculate the autocorrelation of Genus Paper returns to help us make a trade decision. For example, suppose you find that Genus Paper 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 |
Genus Paper 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 Genus Paper stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Genus Paper stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Genus Paper stock over time.
Current vs Lagged Prices |
| Timeline |
Genus Paper Lagged Returns
When evaluating Genus Paper's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Genus Paper stock have on its future price. Genus Paper 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, Genus Paper autocorrelation shows the relationship between Genus Paper stock current value and its past values and can show if there is a momentum factor associated with investing in Genus Paper Boards.
Regressed Prices |
| Timeline |
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Other Information on Investing in Genus Stock
Genus Paper financial ratios help investors to determine whether Genus 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 Genus with respect to the benefits of owning Genus Paper security.