Gentex Stock Price on December 31, 2023
| GNTX Stock | USD 34.30 0.56 1.61% |
Below is the normalized historical share price chart for Gentex extending back to December 22, 1981. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Gentex stands at 34.30, as last reported on the 1st of May, with the highest price reaching 34.73 and the lowest price hitting 34.08 during the day.
If you're considering investing in Gentex Stock, it is important to understand the factors that can impact its price. We consider Gentex very steady. Gentex holds Efficiency (Sharpe) Ratio of 0.0196, which attests that the entity had a 0.0196% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Gentex, which you can use to evaluate the volatility of the firm. Please check out Gentex's Downside Deviation of 1.02, market risk adjusted performance of 0.0262, and Risk Adjusted Performance of 0.0209 to validate if the risk estimate we provide is consistent with the expected return of 0.0177%.
At this time, Gentex's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to rise to about 290.5 M in 2024, whereas Common Stock Total Equity is likely to drop slightly above 11.4 M in 2024. . At this time, Gentex's Price To Sales Ratio is fairly stable compared to the past year. Price Earnings Ratio is likely to rise to 29.33 in 2024, whereas Price To Free Cash Flows Ratio is likely to drop 20.13 in 2024. Gentex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 32.8426 | 50 Day MA 35.6474 | Beta 0.969 |
Gentex |
Sharpe Ratio = 0.0196
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| Negative Returns | GNTX |
Estimated Market Risk
| 0.9 actual daily | 7 93% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Gentex is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Gentex by adding it to a well-diversified portfolio.
Price Book 3.426 | Enterprise Value Ebitda 13.0412 | Price Sales 3.4458 | Shares Float 229.5 M | Dividend Share 0.48 |
Gentex Valuation on December 31, 2023
It is possible to determine the worth of Gentex on a given historical date. On December 31, 2023 Gentex was worth 32.87 at the beginning of the trading date compared to the closed value of 32.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gentex stock. Still, in general, we apply an absolute valuation method to find Gentex's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Gentex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gentex's related companies.
| Open | High | Low | Close | Volume | |
| 32.92 | 33.03 | 32.70 | 32.70 | 721,002 | |
12/29/2023 | 32.87 | 33.02 | 32.43 | 32.43 | 1,042,457 |
| 32.43 | 32.60 | 32.09 | 32.09 | 1,025,332 |
| Backtest Gentex | | | Gentex History | | | Gentex Valuation | Previous | Next |
Gentex Trading Date Momentum on December 31, 2023
| On January 02 2024 Gentex was traded for 32.09 at the closing time. The top price for the day was 32.60 and the lowest listed price was 32.09 . The trading volume for the day was 1 M. The trading history from January 2, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 1.05% . The overall trading delta against the current closing price is 1.91% . |
Gentex Fundamentals Correlations and Trends
By evaluating Gentex's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Gentex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gentex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gentex Stock history
Gentex investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Gentex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gentex will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Gentex stock prices may prove useful in developing a viable investing in Gentex
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 229.7 M | 290.5 M | |
| Net Income Applicable To Common Shares | 366.6 M | 232.1 M |
Gentex Quarterly Net Working Capital |
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Gentex Stock Technical Analysis
Gentex 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.
Price Boundaries
Gentex Period Price Range
Low | December 29, 2023
| High |
32.87 | 32.43 |
Gentex May 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Gentex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gentex shares will generate the highest return on investment. By undertsting and applying Gentex stock market strength indicators, traders can identify Gentex entry and exit signals to maximize returns
| Accumulation Distribution | 18626.58 | |||
| Daily Balance Of Power | (0.75) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 32.73 | |||
| Day Typical Price | 32.63 | |||
| Price Action Indicator | (0.52) | |||
| Period Momentum Indicator | 1.87 | |||
| Relative Strength Index | 28.03 |
Gentex Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gentex's price direction in advance. Along with the technical and fundamental analysis of Gentex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gentex to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0209 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0162 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Gentex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Gentex Stock please use our How to Invest in Gentex guide.You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Gentex Stock analysis
When running Gentex's price analysis, check to measure Gentex'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 Gentex is operating at the current time. Most of Gentex's value examination focuses on studying past and present price action to predict the probability of Gentex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gentex's price. Additionally, you may evaluate how the addition of Gentex to your portfolios can decrease your overall portfolio volatility.
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| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |
Is Gentex'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 Gentex. If investors know Gentex 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 Gentex 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 0.129 | Dividend Share 0.48 | Earnings Share 1.89 | Revenue Per Share 10.217 | Quarterly Revenue Growth 0.072 |
The market value of Gentex is measured differently than its book value, which is the value of Gentex that is recorded on the company's balance sheet. Investors also form their own opinion of Gentex's value that differs from its market value or its book value, called intrinsic value, which is Gentex'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 Gentex's market value can be influenced by many factors that don't directly affect Gentex'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 Gentex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gentex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gentex'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.