Gencor Industries Stock Probability of Future Stock Price Finishing Over 19.70
| GENC Stock | USD 19.70 0.05 0.25% |
Closest to current price Gencor long CALL Option Payoff at Expiration
Gencor |
Gencor Industries Target Price Odds to finish over 19.70
The tendency of Gencor Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 19.70 | 90 days | 19.70 | about 6.5 |
Based on a normal probability distribution, the odds of Gencor Industries to move above the current price in 90 days from now is about 6.5 (This Gencor Industries probability density function shows the probability of Gencor Stock to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days Gencor Industries has a beta of 0.66. This usually indicates as returns on the market go up, Gencor Industries average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Gencor Industries will be expected to be much smaller as well. Additionally Gencor Industries has an alpha of 0.2556, implying that it can generate a 0.26 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Gencor Industries Price Density |
| Price |
Predictive Modules for Gencor Industries
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gencor Industries. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Gencor Industries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Gencor Industries Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gencor Industries is not an exception. The market had few large corrections towards the Gencor Industries' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Gencor Industries, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gencor Industries within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.26 | |
β | Beta against NYSE Composite | 0.66 | |
σ | Overall volatility | 1.40 | |
Ir | Information ratio | 0.15 |
Gencor Industries Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Gencor Industries for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gencor Industries can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 59.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Orion Portfolio Solutions LLC Sells 53 Shares of Gencor Industries, Inc. - Defense World |
Gencor Industries Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Gencor Stock often depends not only on the future outlook of the current and potential Gencor Industries' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Gencor Industries' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 14.7 M | |
| Cash And Short Term Investments | 101.3 M |
Gencor Industries Technical Analysis
Gencor Industries' future price can be derived by breaking down and analyzing its technical indicators over time. Gencor Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gencor Industries. In general, you should focus on analyzing Gencor Stock price patterns and their correlations with different microeconomic environments and drivers.
Gencor Industries Predictive Forecast Models
Gencor Industries' time-series forecasting models is one of many Gencor Industries' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Gencor Industries' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Gencor Industries
Checking the ongoing alerts about Gencor Industries for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gencor Industries help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 59.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Orion Portfolio Solutions LLC Sells 53 Shares of Gencor Industries, Inc. - Defense World |
Additional Information and Resources on Investing in Gencor Stock
When determining whether Gencor Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Gencor Industries' 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 Gencor Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Gencor Industries Stock:Check out Gencor Industries Backtesting, Gencor Industries Valuation, Gencor Industries Correlation, Gencor Industries Hype Analysis, Gencor Industries Volatility, Gencor Industries History as well as Gencor Industries Performance. For information on how to trade Gencor Stock refer to our How to Trade Gencor Stock guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Industrial Machinery & Supplies & Components 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 Gencor Industries. If investors know Gencor 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 Gencor Industries 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 0.277 | Earnings Share 1.15 | Revenue Per Share 7.876 | Quarterly Revenue Growth 0.334 | Return On Assets 0.0517 |
The market value of Gencor Industries is measured differently than its book value, which is the value of Gencor that is recorded on the company's balance sheet. Investors also form their own opinion of Gencor Industries' value that differs from its market value or its book value, called intrinsic value, which is Gencor Industries' 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 Gencor Industries' market value can be influenced by many factors that don't directly affect Gencor Industries' 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 Gencor Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Gencor Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gencor Industries' 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.