Gevo Correlations
| GEVO Stock | USD 0.64 0.01 1.54% |
The correlation of Gevo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Gevo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Gevo Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Very weak diversification
The correlation between Gevo Inc and NYA is 0.4 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Gevo Inc and NYA in the same portfolio, assuming nothing else is changed.
Gevo |
The ability to find closely correlated positions to Gevo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Gevo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Gevo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Gevo Inc to buy it.
Related Correlations Analysis
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Gevo Stock performing well and Gevo Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Gevo's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| REX | 1.94 | 0.16 | 0.08 | 0.13 | 2.01 | 2.96 | 38.20 | |||
| AXTA | 1.09 | 0.15 | 0.11 | 0.16 | 1.19 | 1.97 | 11.47 | |||
| AVTR | 1.08 | (0.05) | 0.00 | (0.19) | 0.00 | 2.03 | 9.89 | |||
| FF | 1.97 | 0.22 | 0.07 | 1.71 | 2.35 | 3.75 | 29.51 | |||
| SQM | 2.16 | 0.07 | 0.03 | 0.06 | 2.50 | 5.08 | 12.68 | |||
| ALB | 2.45 | 0.09 | 0.04 | 0.06 | 2.90 | 6.67 | 15.33 | |||
| LIN | 0.61 | (0.10) | 0.00 | (0.18) | 0.00 | 1.05 | 6.82 | |||
| APD | 0.89 | 0.17 | 0.16 | 0.23 | 0.79 | 2.22 | 4.62 | |||
| EMN | 0.96 | 0.20 | 0.16 | 0.20 | 0.96 | 2.41 | 7.17 | |||
| ESI | 0.97 | 0.00 | 0.01 | 0.02 | 1.23 | 2.12 | 6.84 |
Gevo Corporate Management
| David George | Senior Tracking | Profile | |
| Prof Liao | CoFounder | Profile | |
| Damien Perriman | Chief Officer | Profile | |
| Heather Manuel | Vice Communications | Profile | |
| Alisher CPA | Principal Accounting | Profile |
Additional Information and Resources on Investing in Gevo Stock
When determining whether Gevo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gevo'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 Gevo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gevo Inc Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gevo Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Oil & Gas Refining & Marketing 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 Gevo. If investors know Gevo 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 Gevo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.29) | Revenue Per Share 0.071 | Quarterly Revenue Growth (0.02) | Return On Assets (0.08) | Return On Equity (0.12) |
The market value of Gevo Inc is measured differently than its book value, which is the value of Gevo that is recorded on the company's balance sheet. Investors also form their own opinion of Gevo's value that differs from its market value or its book value, called intrinsic value, which is Gevo'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 Gevo's market value can be influenced by many factors that don't directly affect Gevo'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 Gevo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gevo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gevo'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.