Genie Energy Stock Technical Analysis
| GNE Stock | USD 15.26 0.24 1.55% |
As of the 2nd of December, Genie Energy retains the Risk Adjusted Performance of (0.03), market risk adjusted performance of (1.26), and Standard Deviation of 1.94. Genie Energy technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Please check out Genie Energy variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and skewness to decide if Genie Energy is priced fairly, providing market reflects its last-minute price of 15.26 per share. Given that Genie Energy has information ratio of (0.12), we strongly advise you to confirm Genie Energy's regular market performance to make sure the company can sustain itself at a future point.
Genie Energy Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Genie, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to GenieGenie |
Genie Energy 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.
Genie Energy Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Genie Energy volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Genie Energy Trend Analysis
Use this graph to draw trend lines for Genie Energy. You can use it to identify possible trend reversals for Genie Energy as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Genie Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Genie Energy Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Genie Energy applied against its price change over selected period. The best fit line has a slop of 0.02 , which may imply that the returns on investment in Genie Energy will continue to fail. It has 122 observation points and a regression sum of squares at 14.03, which is the sum of squared deviations for the predicted Genie Energy price change compared to its average price change.About Genie Energy Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Genie Energy on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Genie Energy based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Genie Energy price pattern first instead of the macroeconomic environment surrounding Genie Energy. By analyzing Genie Energy's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Genie Energy's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Genie Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
Genie Energy December 2, 2024 Technical Indicators
Most technical analysis of Genie help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Genie from various momentum indicators to cycle indicators. When you analyze Genie charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
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| Overlap Studies | ||
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| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | (0.03) | |||
| Market Risk Adjusted Performance | (1.26) | |||
| Mean Deviation | 1.41 | |||
| Coefficient Of Variation | (2,020) | |||
| Standard Deviation | 1.94 | |||
| Variance | 3.76 | |||
| Information Ratio | (0.12) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (1.27) | |||
| Maximum Drawdown | 11.97 | |||
| Value At Risk | (2.61) | |||
| Potential Upside | 2.39 | |||
| Skewness | 0.3011 | |||
| Kurtosis | 3.52 |
Complementary Tools for Genie Stock analysis
When running Genie Energy's price analysis, check to measure Genie Energy'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 Genie Energy is operating at the current time. Most of Genie Energy's value examination focuses on studying past and present price action to predict the probability of Genie Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genie Energy's price. Additionally, you may evaluate how the addition of Genie Energy to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |