Genesis Resources (Australia) Market Value

GES Stock   0  0  20.00%   
Genesis Resources' market value is the price at which a share of Genesis Resources trades on a public exchange. It measures the collective expectations of Genesis Resources investors about its performance. Genesis Resources is selling for under 0.004 as of the 20th of January 2025; that is 20 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 0.004.
With this module, you can estimate the performance of a buy and hold strategy of Genesis Resources and determine expected loss or profit from investing in Genesis Resources over a given investment horizon. Check out Genesis Resources Correlation, Genesis Resources Volatility and Genesis Resources Alpha and Beta module to complement your research on Genesis Resources.
Symbol

Please note, there is a significant difference between Genesis Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Genesis Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genesis Resources' 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.

Genesis Resources '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 Genesis Resources' 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 Genesis Resources.
0.00
06/30/2023
No Change 0.00  0.0 
In 1 year 6 months and 24 days
01/20/2025
0.00
If you would invest  0.00  in Genesis Resources on June 30, 2023 and sell it all today you would earn a total of 0.00 from holding Genesis Resources or generate 0.0% return on investment in Genesis Resources over 570 days. Genesis Resources is related to or competes with Clime Investment, Carlton Investments, Argo Investments, Computershare, Microequities Asset, Aussie Broadband, and Diversified United. More

Genesis Resources 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 Genesis Resources' 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 Genesis Resources upside and downside potential and time the market with a certain degree of confidence.

Genesis Resources Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Genesis Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Genesis Resources' standard deviation. In reality, there are many statistical measures that can use Genesis Resources historical prices to predict the future Genesis Resources' volatility.
Hype
Prediction
LowEstimatedHigh
0.0009.00
Details
Intrinsic
Valuation
LowRealHigh
0.0009.00
Details
Naive
Forecast
LowNextHigh
0.00009109.00
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
00.010.01
Details

Genesis Resources Backtested Returns

Genesis Resources holds Efficiency (Sharpe) Ratio of -0.0303, which attests that the entity had a -0.0303 % return per unit of risk over the last 3 months. Genesis Resources exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Genesis Resources' Market Risk Adjusted Performance of 0.8715, standard deviation of 9.0, and Risk Adjusted Performance of (0.02) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.33, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Genesis Resources are expected to decrease at a much lower rate. During the bear market, Genesis Resources is likely to outperform the market. At this point, Genesis Resources has a negative expected return of -0.27%. Please make sure to check out Genesis Resources' total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Genesis Resources performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.22  

Weak reverse predictability

Genesis Resources has weak reverse predictability. Overlapping area represents the amount of predictability between Genesis Resources time series from 30th of June 2023 to 10th of April 2024 and 10th of April 2024 to 20th 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 Genesis Resources price movement. The serial correlation of -0.22 indicates that over 22.0% of current Genesis Resources price fluctuation can be explain by its past prices.
Correlation Coefficient-0.22
Spearman Rank Test0.39
Residual Average0.0
Price Variance0.0

Genesis Resources lagged returns against current returns

Autocorrelation, which is Genesis Resources 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 Genesis Resources' stock expected returns. We can calculate the autocorrelation of Genesis Resources returns to help us make a trade decision. For example, suppose you find that Genesis Resources 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  

Genesis Resources 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 Genesis Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Genesis Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Genesis Resources stock over time.
   Current vs Lagged Prices   
       Timeline  

Genesis Resources Lagged Returns

When evaluating Genesis Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Genesis Resources stock have on its future price. Genesis Resources 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, Genesis Resources autocorrelation shows the relationship between Genesis Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Genesis Resources.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for Genesis Stock Analysis

When running Genesis Resources' price analysis, check to measure Genesis Resources' 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 Genesis Resources is operating at the current time. Most of Genesis Resources' value examination focuses on studying past and present price action to predict the probability of Genesis Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genesis Resources' price. Additionally, you may evaluate how the addition of Genesis Resources to your portfolios can decrease your overall portfolio volatility.