Genelux Common Stock Forecast - Coefficient Of Variation

GNLX Stock   3.65  0.05  1.39%   
Genelux Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Genelux Common stock prices and determine the direction of Genelux Common's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Genelux Common's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Genelux Common's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Genelux Common's systematic risk associated with finding meaningful patterns of Genelux Common fundamentals over time.
Check out Historical Fundamental Analysis of Genelux Common to cross-verify your projections.
For more information on how to buy Genelux Stock please use our How to Invest in Genelux Common guide.
  
Payables Turnover is likely to drop to 0.16 in 2024. Fixed Asset Turnover is likely to drop to 0.04 in 2024. Common Stock Shares Outstanding is likely to rise to about 26.4 M in 2024, whereas Net Loss is likely to drop (6.3 M) in 2024.
Genelux Common has current Coefficient Of Variation of 0.
Most investors in Genelux Common 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 Genelux Common's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Genelux Common's price structures and extracts relationships that further increase the generated results' accuracy.
Check Genelux Common VolatilityBacktest Genelux CommonInformation Ratio  

Genelux Common Trading Date Momentum

On May 19 2024 Genelux Common was traded for  3.65  at the closing time. The top price for the day was 3.73  and the lowest listed price was  3.47 . There was no trading activity during the period 0.0. Lack of trading volume on May 19, 2024 did not cause price change. The overall trading delta against the current closing price is 0.82% .
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Other Forecasting Options for Genelux Common

For every potential investor in Genelux, whether a beginner or expert, Genelux Common's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Genelux Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Genelux. Basic forecasting techniques help filter out the noise by identifying Genelux Common's price trends.

Genelux Common 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 Genelux Common stock to make a market-neutral strategy. Peer analysis of Genelux Common could also be used in its relative valuation, which is a method of valuing Genelux Common by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Genelux Common 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 Genelux Common'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 Genelux Common's current price.

Genelux Common Market Strength Events

Market strength indicators help investors to evaluate how Genelux Common stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Genelux Common shares will generate the highest return on investment. By undertsting and applying Genelux Common stock market strength indicators, traders can identify Genelux Common entry and exit signals to maximize returns.

Genelux Common Risk Indicators

The analysis of Genelux Common'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 Genelux Common's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting genelux 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.
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.

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 Genelux Common offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Genelux Common'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 Genelux Common Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Genelux Common Stock:
Check out Historical Fundamental Analysis of Genelux Common to cross-verify your projections.
For more information on how to buy Genelux Stock please use our How to Invest in Genelux Common guide.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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When running Genelux Common's price analysis, check to measure Genelux Common'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 Genelux Common is operating at the current time. Most of Genelux Common's value examination focuses on studying past and present price action to predict the probability of Genelux Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genelux Common's price. Additionally, you may evaluate how the addition of Genelux Common to your portfolios can decrease your overall portfolio volatility.
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Is Genelux Common's industry 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 Genelux Common. If investors know Genelux 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 Genelux Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.92)
Quarterly Revenue Growth
(0.95)
Return On Assets
(0.82)
Return On Equity
(2.90)
The market value of Genelux Common is measured differently than its book value, which is the value of Genelux that is recorded on the company's balance sheet. Investors also form their own opinion of Genelux Common's value that differs from its market value or its book value, called intrinsic value, which is Genelux Common'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 Genelux Common's market value can be influenced by many factors that don't directly affect Genelux Common'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 Genelux Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genelux Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genelux Common'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.