Genworth Financial Stock Market Value
| GNW Stock | USD 6.99 0.38 5.16% |
| Symbol | Genworth |
Genworth Financial Price To Book Ratio
Is Life & Health Insurance 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 Genworth Financial. If investors know Genworth 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 Genworth Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.219 | Earnings Share 0.26 | Revenue Per Share 16.883 | Quarterly Revenue Growth 0.027 | Return On Assets 0.0029 |
The market value of Genworth Financial is measured differently than its book value, which is the value of Genworth that is recorded on the company's balance sheet. Investors also form their own opinion of Genworth Financial's value that differs from its market value or its book value, called intrinsic value, which is Genworth Financial'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 Genworth Financial's market value can be influenced by many factors that don't directly affect Genworth Financial'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 Genworth Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genworth Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genworth Financial'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.
Genworth Financial '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 Genworth Financial'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 Genworth Financial.
| 11/19/2024 |
| 12/19/2024 |
If you would invest 0.00 in Genworth Financial on November 19, 2024 and sell it all today you would earn a total of 0.00 from holding Genworth Financial or generate 0.0% return on investment in Genworth Financial over 30 days. Genworth Financial is related to or competes with MetLife Preferred, Prudential PLC, Primerica, CNO Financial, Aflac Incorporated, FG Annuities, and Jackson Financial. Genworth Financial, Inc. provides insurance products in the United States and internationally More
Genworth Financial 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 Genworth Financial'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 Genworth Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.46 | |||
| Information Ratio | 0.0221 | |||
| Maximum Drawdown | 10.84 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 2.53 |
Genworth Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Genworth Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Genworth Financial's standard deviation. In reality, there are many statistical measures that can use Genworth Financial historical prices to predict the future Genworth Financial's volatility.| Risk Adjusted Performance | 0.0362 | |||
| Jensen Alpha | 0.0271 | |||
| Total Risk Alpha | 0.0156 | |||
| Sortino Ratio | 0.0265 | |||
| Treynor Ratio | 0.0359 |
Genworth Financial Backtested Returns
At this stage we consider Genworth Stock to be somewhat reliable. Genworth Financial holds Efficiency (Sharpe) Ratio of 0.0227, which attests that the entity had a 0.0227% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Genworth Financial, which you can use to evaluate the volatility of the firm. Please check out Genworth Financial's Market Risk Adjusted Performance of 0.0459, downside deviation of 1.46, and Risk Adjusted Performance of 0.0362 to validate if the risk estimate we provide is consistent with the expected return of 0.0408%. Genworth Financial has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 1.61, 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, Genworth Financial will likely underperform. Genworth Financial right now retains a risk of 1.79%. Please check out Genworth Financial maximum drawdown, as well as the relationship between the skewness and day typical price , to decide if Genworth Financial will be following its current trending patterns.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Genworth Financial has insignificant reverse predictability. Overlapping area represents the amount of predictability between Genworth Financial time series from 19th of November 2024 to 4th of December 2024 and 4th of December 2024 to 19th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Genworth Financial price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Genworth Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Genworth Financial lagged returns against current returns
Autocorrelation, which is Genworth Financial 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 Genworth Financial's stock expected returns. We can calculate the autocorrelation of Genworth Financial returns to help us make a trade decision. For example, suppose you find that Genworth Financial 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 |
Genworth Financial 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 Genworth Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Genworth Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Genworth Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Genworth Financial Lagged Returns
When evaluating Genworth Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Genworth Financial stock have on its future price. Genworth Financial 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, Genworth Financial autocorrelation shows the relationship between Genworth Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Genworth Financial.
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.Additional Tools for Genworth Stock Analysis
When running Genworth Financial's price analysis, check to measure Genworth Financial's 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 Genworth Financial is operating at the current time. Most of Genworth Financial's value examination focuses on studying past and present price action to predict the probability of Genworth Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genworth Financial's price. Additionally, you may evaluate how the addition of Genworth Financial to your portfolios can decrease your overall portfolio volatility.