Genenta Science Spa Stock Market Value
| GNTA Stock | USD 3.83 0.11 2.79% |
| Symbol | Genenta |
Genenta Science SpA Price To Book Ratio
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genenta Science. If investors know Genenta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genenta Science listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Genenta Science SpA is measured differently than its book value, which is the value of Genenta that is recorded on the company's balance sheet. Investors also form their own opinion of Genenta Science's value that differs from its market value or its book value, called intrinsic value, which is Genenta Science's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genenta Science's market value can be influenced by many factors that don't directly affect Genenta Science's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genenta Science's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genenta Science is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genenta Science's 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.
Genenta Science '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 Genenta Science'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 Genenta Science.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Genenta Science on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Genenta Science SpA or generate 0.0% return on investment in Genenta Science over 90 days. Genenta Science is related to or competes with Molecular Partners, MediciNova, Anebulo Pharmaceuticals, Champions Oncology, Pmv Pharmaceuticals, Pharvaris, and PepGen. Genenta Science S.p.A., a clinical-stage biotechnology company, engages in the development of hematopoietic stem cell ge... More
Genenta Science 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 Genenta Science'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 Genenta Science SpA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 21.51 | |||
| Value At Risk | (7.11) | |||
| Potential Upside | 5.7 |
Genenta Science Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Genenta Science's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Genenta Science's standard deviation. In reality, there are many statistical measures that can use Genenta Science historical prices to predict the future Genenta Science's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | 0.1862 | |||
| Treynor Ratio | (0.79) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Genenta Science'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.
Genenta Science SpA Backtested Returns
Genenta Science SpA holds Efficiency (Sharpe) Ratio of -0.0792, which attests that the entity had a -0.0792 % return per unit of risk over the last 3 months. Genenta Science SpA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Genenta Science's Standard Deviation of 4.55, risk adjusted performance of (0.06), and Market Risk Adjusted Performance of (0.78) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.49, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Genenta Science's returns are expected to increase less than the market. However, during the bear market, the loss of holding Genenta Science is expected to be smaller as well. At this point, Genenta Science SpA has a negative expected return of -0.37%. Please make sure to check out Genenta Science's accumulation distribution, and the relationship between the value at risk and day typical price , to decide if Genenta Science SpA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.06 |
Very weak reverse predictability
Genenta Science SpA has very weak reverse predictability. Overlapping area represents the amount of predictability between Genenta Science time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Genenta Science SpA price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Genenta Science price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Genenta Science SpA lagged returns against current returns
Autocorrelation, which is Genenta Science 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 Genenta Science's stock expected returns. We can calculate the autocorrelation of Genenta Science returns to help us make a trade decision. For example, suppose you find that Genenta Science 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 |
Genenta Science 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 Genenta Science stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Genenta Science stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Genenta Science stock over time.
Current vs Lagged Prices |
| Timeline |
Genenta Science Lagged Returns
When evaluating Genenta Science's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Genenta Science stock have on its future price. Genenta Science 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, Genenta Science autocorrelation shows the relationship between Genenta Science stock current value and its past values and can show if there is a momentum factor associated with investing in Genenta Science SpA.
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.When determining whether Genenta Science SpA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Genenta Science's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Genenta Science Spa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Genenta Science Spa Stock:Check out Genenta Science Correlation, Genenta Science Volatility and Genenta Science Alpha and Beta module to complement your research on Genenta Science. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Genenta Science 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.