Genuine Parts Stock Forecast - Accumulation Distribution

GPC
 Stock
  

USD 159.15  0.67  0.42%   

Genuine Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Genuine Parts historical stock prices and determine the direction of Genuine Parts's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Genuine Parts historical fundamentals such as revenue growth or operating cash flow patterns. Although Genuine Parts naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Genuine Parts systematic risk associated with finding meaningful patterns of Genuine Parts fundamentals over time.
Please check Historical Fundamental Analysis of Genuine Parts to cross-verify your projections.
  
Genuine Parts PPandE Turnover is projected to drop based on the last few years of reporting. The past year's PPandE Turnover was at 15.75. The current year Inventory Turnover is expected to grow to 3.77, whereas Receivables Turnover is forecasted to decline to 10.85. . As of August 17, 2022, Weighted Average Shares is expected to decline to about 138.6 M. In addition to that, Weighted Average Shares Diluted is expected to decline to about 139.3 M.

Open Interest Agains t 2022-08-19 Genuine Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Genuine Parts' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest Genuine Parts' options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Genuine Parts stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current Genuine Parts' open interest, investors have to compare it to Genuine Parts' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Genuine Parts is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Genuine. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Genuine Parts has current Accumulation Distribution of 7650.51.
Most investors in Genuine Parts cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Genuine Parts' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Genuine Parts' price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Genuine Parts is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Genuine Parts to determine if accumulation or reduction is taking place in the market. This value is adjusted by Genuine Parts trading volume to give more weight to distributions with higher volume over lower volume.
  Previous Accumulation DistributionAccumulation DistributionTrend
7568.487650.51
Check Genuine Parts VolatilityBacktest Genuine PartsInformation Ratio  

Genuine Parts Trading Date Momentum

On August 17 2022 Genuine Parts was traded for  159.15  at the closing time. Highest Genuine Parts's price during the trading hours was 160.25  and the lowest price during the day was  158.40 . The net volume was 662.7 K. The overall trading history on the 17th of August 2022 did not cause price change. The overall trading delta to current price is 0.40% .
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
Compare Genuine Parts to competition

Other Forecasting Options for Genuine Parts

For every potential investor in Genuine, whether a beginner or expert, Genuine Parts' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Genuine Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Genuine. Basic forecasting techniques help filter out the noise by identifying Genuine Parts' price trends.

Genuine Parts Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Genuine Parts stock to make a market-neutral strategy. Peer analysis of Genuine Parts could also be used in its relative valuation, which is a method of valuing Genuine Parts by comparing valuation metrics with similar companies.
Bed Bath BeyondBest BuyAtai Life SciencesEcolab IncCostco WholesaleAlcoa CorpInternational BusinessThe Travelers CompaniesJP Morgan ChaseVerizon CommunicationsAmn Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpKEURIG DR PEPPERGx Nasdaq-100 Covered
 Risk & Return  Correlation

Genuine Parts Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Genuine Parts' price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Genuine Parts' current price.

Genuine Parts Market Strength Events

Market strength indicators help investors to evaluate how Genuine Parts stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Genuine Parts shares will generate the highest return on investment. By undertsting and applying Genuine Parts stock market strength indicators, traders can identify Genuine Parts entry and exit signals to maximize returns.

Genuine Parts Risk Indicators

The analysis of Genuine Parts' basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Genuine Parts' investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Genuine Parts stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.

Genuine Parts Investors Sentiment

The influence of Genuine Parts' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Genuine. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Genuine Parts' public news can be used to forecast risks associated with investment in Genuine. The trend in average sentiment can be used to explain how an investor holding Genuine can time the market purely based on public headlines and social activities around Genuine Parts. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Genuine Parts' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Genuine Parts' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Genuine Parts' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Genuine Parts.

Genuine Parts Implied Volatility

    
  54.5  
Genuine Parts' implied volatility exposes the market's sentiment of Genuine Parts stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Genuine Parts' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Genuine Parts stock will not fluctuate a lot when Genuine Parts' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Genuine Parts in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Genuine Parts' short interest history, or implied volatility extrapolated from Genuine Parts options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Genuine Parts using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please check Historical Fundamental Analysis of Genuine Parts to cross-verify your projections. Note that the Genuine Parts information on this page should be used as a complementary analysis to other Genuine Parts' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Genuine Parts price analysis, check to measure Genuine Parts' 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 Genuine Parts is operating at the current time. Most of Genuine Parts' value examination focuses on studying past and present price action to predict the probability of Genuine Parts' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Genuine Parts' price. Additionally, you may evaluate how the addition of Genuine Parts to your portfolios can decrease your overall portfolio volatility.
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Is Genuine Parts' 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 Genuine Parts. If investors know Genuine 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 Genuine Parts 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 YOY
0.93
Market Capitalization
22.4 B
Quarterly Revenue Growth YOY
0.17
Return On Assets
0.0642
Return On Equity
0.32
The market value of Genuine Parts is measured differently than its book value, which is the value of Genuine that is recorded on the company's balance sheet. Investors also form their own opinion of Genuine Parts' value that differs from its market value or its book value, called intrinsic value, which is Genuine Parts' 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 Genuine Parts' market value can be influenced by many factors that don't directly affect Genuine Parts' 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 Genuine Parts' value and its price as these two are different measures arrived at by different means. Investors typically determine Genuine Parts value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genuine Parts' 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.