Geo Group Stock Market Value
| GEO Stock | USD 28.12 0.11 0.39% |
| Symbol | Geo |
Geo Group Price To Book Ratio
Is Commercial Services & Supplies 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 Geo. If investors know Geo 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 Geo 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 0.188 | Earnings Share 0.28 | Revenue Per Share 18.972 | Quarterly Revenue Growth 0.001 | Return On Assets 0.0555 |
The market value of Geo Group is measured differently than its book value, which is the value of Geo that is recorded on the company's balance sheet. Investors also form their own opinion of Geo's value that differs from its market value or its book value, called intrinsic value, which is Geo'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 Geo's market value can be influenced by many factors that don't directly affect Geo'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 Geo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Geo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Geo'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.
Geo '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 Geo'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 Geo.
| 11/27/2024 |
| 12/27/2024 |
If you would invest 0.00 in Geo on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding Geo Group or generate 0.0% return on investment in Geo over 30 days. Geo is related to or competes with Aramark Holdings, and Global Payments. is a leading diversified government service provider, specializing in design, financing, development, and support servic... More
Geo 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 Geo'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 Geo Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.29 | |||
| Information Ratio | 0.2177 | |||
| Maximum Drawdown | 47.5 | |||
| Value At Risk | (4.59) | |||
| Potential Upside | 7.66 |
Geo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Geo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Geo's standard deviation. In reality, there are many statistical measures that can use Geo historical prices to predict the future Geo's volatility.| Risk Adjusted Performance | 0.1885 | |||
| Jensen Alpha | 1.34 | |||
| Total Risk Alpha | 1.03 | |||
| Sortino Ratio | 0.5769 | |||
| Treynor Ratio | 2.77 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Geo'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.
Geo Group Backtested Returns
Geo is somewhat reliable given 3 months investment horizon. Geo Group holds Efficiency (Sharpe) Ratio of 0.23, which attests that the entity had a 0.23% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.43% are justified by taking the suggested risk. Use Geo Group Downside Deviation of 2.29, market risk adjusted performance of 2.78, and Risk Adjusted Performance of 0.1885 to evaluate company specific risk that cannot be diversified away. Geo holds a performance score of 18 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 0.49, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Geo's returns are expected to increase less than the market. However, during the bear market, the loss of holding Geo is expected to be smaller as well. Use Geo Group treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to analyze future returns on Geo Group.
Auto-correlation | -0.36 |
Poor reverse predictability
Geo Group has poor reverse predictability. Overlapping area represents the amount of predictability between Geo time series from 27th of November 2024 to 12th of December 2024 and 12th of December 2024 to 27th of December 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 Geo Group price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Geo price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
Geo Group lagged returns against current returns
Autocorrelation, which is Geo 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 Geo's stock expected returns. We can calculate the autocorrelation of Geo returns to help us make a trade decision. For example, suppose you find that Geo 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 |
Geo 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 Geo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Geo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Geo stock over time.
Current vs Lagged Prices |
| Timeline |
Geo Lagged Returns
When evaluating Geo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Geo stock have on its future price. Geo 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, Geo autocorrelation shows the relationship between Geo stock current value and its past values and can show if there is a momentum factor associated with investing in Geo Group.
Regressed Prices |
| Timeline |
Pair Trading with Geo
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Geo position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Geo will appreciate offsetting losses from the drop in the long position's value.Moving together with Geo Stock
Moving against Geo Stock
| 0.91 | FC | Franklin Covey Earnings Call This Week | PairCorr |
| 0.83 | VCIG | VCI Global Limited | PairCorr |
| 0.81 | ESGL | ESGL Holdings Limited | PairCorr |
| 0.78 | MG | Mistras Group | PairCorr |
| 0.77 | EXPO | Exponent | PairCorr |
The ability to find closely correlated positions to Geo could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Geo when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Geo - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Geo Group to buy it.
The correlation of Geo is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Geo moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Geo Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Geo can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Geo Correlation, Geo Volatility and Geo Alpha and Beta module to complement your research on Geo. You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Geo 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.