Genesis Energy Stock Forecast - Day Median Price
| GEL Stock | USD 13.67 0.33 2.47% |
Genesis Stock Forecast is based on your current time horizon. Although Genesis Energy's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Genesis Energy's systematic risk associated with finding meaningful patterns of Genesis Energy fundamentals over time.
Genesis |
Open Interest Against 2024-06-21 Genesis Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Genesis Energy's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Genesis Energy's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Genesis Energy stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Genesis Energy's open interest, investors have to compare it to Genesis Energy's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Genesis Energy is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Genesis. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Genesis Energy cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Genesis Energy's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Genesis Energy's price structures and extracts relationships that further increase the generated results' accuracy.
Median Price is the statistical median of an asset price for a given trading period.| Previous Day Median Price | Day Median Price | Trend |
| 13.0 | 13.59 |
| Check Genesis Energy Volatility | Backtest Genesis Energy | Information Ratio |
Genesis Energy Trading Date Momentum
| On June 11 2024 Genesis Energy LP was traded for 13.67 at the closing time. Highest Genesis Energy's price during the trading hours was 13.92 and the lowest price during the day was 13.25 . The net volume was 591.3 K. The overall trading history on the 11th of June 2024 did not cause price change. The overall trading delta to current price is 2.05% . |
The median price is the midpoint of the trading periods range.
| Compare Genesis Energy to competition |
Other Forecasting Options for Genesis Energy
For every potential investor in Genesis, whether a beginner or expert, Genesis Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Genesis Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Genesis. Basic forecasting techniques help filter out the noise by identifying Genesis Energy's price trends.Genesis Energy Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Genesis Energy stock to make a market-neutral strategy. Peer analysis of Genesis Energy could also be used in its relative valuation, which is a method of valuing Genesis Energy by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Genesis Energy LP Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Genesis Energy's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Genesis Energy's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Genesis Energy Market Strength Events
Market strength indicators help investors to evaluate how Genesis Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Genesis Energy shares will generate the highest return on investment. By undertsting and applying Genesis Energy stock market strength indicators, traders can identify Genesis Energy LP entry and exit signals to maximize returns.
| Accumulation Distribution | 28460.51 | |||
| Daily Balance Of Power | 0.4925 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 13.59 | |||
| Day Typical Price | 13.61 | |||
| Price Action Indicator | 0.25 | |||
| Period Momentum Indicator | 0.33 |
Genesis Energy Risk Indicators
The analysis of Genesis Energy's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Genesis Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting genesis stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.67 | |||
| Semi Deviation | 1.99 | |||
| Standard Deviation | 2.19 | |||
| Variance | 4.79 | |||
| Downside Variance | 5.38 | |||
| Semi Variance | 3.95 | |||
| Expected Short fall | (1.75) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Additional Information and Resources on Investing in Genesis Stock
When determining whether Genesis Energy LP is a strong investment it is important to analyze Genesis Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Genesis Energy's future performance. For an informed investment choice regarding Genesis Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Genesis Energy to cross-verify your projections. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Oil & Gas Storage & Transportation 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 Genesis Energy. If investors know Genesis 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 Genesis Energy 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 0.586 | Dividend Share 0.6 | Earnings Share 0.34 | Revenue Per Share 25.766 | Quarterly Revenue Growth (0.03) |
The market value of Genesis Energy LP is measured differently than its book value, which is the value of Genesis that is recorded on the company's balance sheet. Investors also form their own opinion of Genesis Energy's value that differs from its market value or its book value, called intrinsic value, which is Genesis Energy'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 Genesis Energy's market value can be influenced by many factors that don't directly affect Genesis Energy'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 Genesis Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genesis Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genesis Energy'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.