Genworth Financial Stock Market Value
GNW Stock | USD 6.10 0.09 1.50% |
Symbol | Genworth |
Genworth Financial Price To Book Ratio
Is Genworth Financial'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 Genworth Financial. If investors know Genworth 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 Genworth Financial 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 (0.78) | Earnings Share 0.16 | Revenue Per Share 15.973 | Quarterly Revenue Growth 0.024 | Return On Assets 0.0029 |
The market value of Genworth Financial is measured differently than its book value, which is the value of Genworth that is recorded on the company's balance sheet. Investors also form their own opinion of Genworth Financial's value that differs from its market value or its book value, called intrinsic value, which is Genworth Financial'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 Genworth Financial's market value can be influenced by many factors that don't directly affect Genworth Financial'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 Genworth Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genworth Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genworth Financial'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.
Genworth Financial 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Genworth Financial's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Genworth Financial.
02/23/2024 |
| 04/23/2024 |
If you would invest 0.00 in Genworth Financial on February 23, 2024 and sell it all today you would earn a total of 0.00 from holding Genworth Financial or generate 0.0% return on investment in Genworth Financial over 60 days. Genworth Financial is related to or competes with Jackson Financial, and Brighthouse Financial. Genworth Financial, Inc. provides insurance products in the United States and internationally More
Genworth Financial Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Genworth Financial's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Genworth Financial upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.06) | |||
Maximum Drawdown | 6.92 | |||
Value At Risk | (2.37) | |||
Potential Upside | 2.49 |
Genworth Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Genworth Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Genworth Financial's standard deviation. In reality, there are many statistical measures that can use Genworth Financial historical prices to predict the future Genworth Financial's volatility.Risk Adjusted Performance | 0.0038 | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.22) | |||
Treynor Ratio | (0.01) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Genworth Financial's 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.
Genworth Financial Backtested Returns
Genworth Financial holds Efficiency (Sharpe) Ratio of -0.0282, which attests that the entity had a -0.0282% return per unit of risk over the last 3 months. Genworth Financial exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Genworth Financial's Risk Adjusted Performance of 0.0038, standard deviation of 1.55, and Market Risk Adjusted Performance of (0) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.14, which attests to a somewhat significant risk relative to the market. Genworth Financial returns are very sensitive to returns on the market. As the market goes up or down, Genworth Financial is expected to follow. Genworth Financial has an expected return of -0.0425%. Please make sure to check out Genworth Financial information ratio, skewness, as well as the relationship between the Skewness and day typical price , to decide if Genworth Financial performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.55 |
Good reverse predictability
Genworth Financial has good reverse predictability. Overlapping area represents the amount of predictability between Genworth Financial time series from 23rd of February 2024 to 24th of March 2024 and 24th of March 2024 to 23rd of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Genworth Financial price movement. The serial correlation of -0.55 indicates that about 55.0% of current Genworth Financial price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.55 | |
Spearman Rank Test | -0.7 | |
Residual Average | 0.0 | |
Price Variance | 0.05 |
Genworth Financial lagged returns against current returns
Autocorrelation, which is Genworth Financial stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Genworth Financial's stock expected returns. We can calculate the autocorrelation of Genworth Financial returns to help us make a trade decision. For example, suppose you find that Genworth Financial has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
Timeline |
Genworth Financial regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Genworth Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Genworth Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Genworth Financial stock over time.
Current vs Lagged Prices |
Timeline |
Genworth Financial Lagged Returns
When evaluating Genworth Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Genworth Financial stock have on its future price. Genworth Financial autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Genworth Financial autocorrelation shows the relationship between Genworth Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Genworth Financial.
Regressed Prices |
Timeline |
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Try AI Portfolio ArchitectCheck out Genworth Financial Correlation, Genworth Financial Volatility and Genworth Financial Alpha and Beta module to complement your research on Genworth Financial. For more information on how to buy Genworth Stock please use our How to Invest in Genworth Financial guide.You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for Genworth Stock analysis
When running Genworth Financial's price analysis, check to measure Genworth Financial'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 Genworth Financial is operating at the current time. Most of Genworth Financial's value examination focuses on studying past and present price action to predict the probability of Genworth Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genworth Financial's price. Additionally, you may evaluate how the addition of Genworth Financial to your portfolios can decrease your overall portfolio volatility.
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Genworth Financial 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.