Genel Energy Plc Stock Market Value
| GEGYF Stock | USD 0.99 0.06 6.45% |
| Symbol | Genel |
Genel Energy '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 Genel Energy's pink sheet 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 Genel Energy.
| 11/21/2023 |
| 11/15/2024 |
If you would invest 0.00 in Genel Energy on November 21, 2023 and sell it all today you would earn a total of 0.00 from holding Genel Energy plc or generate 0.0% return on investment in Genel Energy over 360 days. Genel Energy is related to or competes with Diamondback Energy, Jones Lang, First United, Enterprise Financial, Alcoa Corp, SEI Investments, and State Street. Genel Energy plc, through its subsidiaries, operates as an independent oil and gas exploration and production company More
Genel Energy 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 Genel Energy's pink sheet 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 Genel Energy plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 23.2 |
Genel Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Genel Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Genel Energy's standard deviation. In reality, there are many statistical measures that can use Genel Energy historical prices to predict the future Genel Energy's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | 0.313 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Genel Energy'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.
Genel Energy plc Backtested Returns
Genel Energy plc holds Efficiency (Sharpe) Ratio of -0.0835, which attests that the entity had a -0.0835% return per unit of risk over the last 3 months. Genel Energy plc exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Genel Energy's Market Risk Adjusted Performance of 0.323, standard deviation of 3.49, and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.94, which attests to possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Genel Energy are expected to decrease slowly. On the other hand, during market turmoil, Genel Energy is expected to outperform it slightly. At this point, Genel Energy plc has a negative expected return of -0.3%. Please make sure to check out Genel Energy's variance, skewness, as well as the relationship between the Skewness and day median price , to decide if Genel Energy plc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Genel Energy plc has insignificant reverse predictability. Overlapping area represents the amount of predictability between Genel Energy time series from 21st of November 2023 to 19th of May 2024 and 19th of May 2024 to 15th of November 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 Genel Energy plc price movement. The serial correlation of -0.17 indicates that over 17.0% of current Genel Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Genel Energy plc lagged returns against current returns
Autocorrelation, which is Genel Energy pink sheet'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 Genel Energy's pink sheet expected returns. We can calculate the autocorrelation of Genel Energy returns to help us make a trade decision. For example, suppose you find that Genel Energy has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Genel Energy 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 Genel Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Genel Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Genel Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Genel Energy Lagged Returns
When evaluating Genel Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Genel Energy pink sheet have on its future price. Genel Energy 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, Genel Energy autocorrelation shows the relationship between Genel Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Genel Energy plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Genel Pink Sheet
Genel Energy financial ratios help investors to determine whether Genel Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Genel with respect to the benefits of owning Genel Energy security.