Genuine Stock Probability of Future Stock Price Finishing Over 133.35

GPC
 Stock
  

USD 133.35  0.35  0.26%   

Genuine Parts' future price is the expected price of Genuine Parts instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Genuine Parts performance during a given time horizon utilizing its historical volatility. Genuine Parts Price to Earnings Ratio are projected to decrease significantly based on the last few years of reporting. The past year's Price to Earnings Ratio were at 22.36. The current year Price to Sales Ratio is expected to grow to 1.08, whereas Price to Book Value is forecasted to decline to 5.47.
  
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Genuine Parts' implied volatility is one of the determining factors in the pricing options written on Genuine Parts. Implied volatility approximates the future value of Genuine Parts based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Genuine Parts over a specific time period. For example, 2022-07-15 CALL at $135.0 is a CALL option contract on Genuine Parts' common stock with a strick price of 135.0 expiring on 2022-07-15. The contract was last traded on 2022-06-30 at 13:38:54 for $2.6 and, as of today, has 14 days remaining before the expiration. The option is currently trading at a bid price of $1.45, and an ask price of $2.35. The implied volatility as of the 1st of July is 25.9242. View All Genuine options

Closest to current price Genuine long CALL Option Payoff at Expiration

Please check Genuine Parts Backtesting, Genuine Parts Valuation, Genuine Parts Correlation, Genuine Parts Hype Analysis, Genuine Parts Volatility, Genuine Parts History as well as Genuine Parts Performance. Please specify Genuine Parts time horizon, a valid symbol (red box) and a target price (blue box) you would like Genuine Parts odds to be computed.
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Genuine Parts Target Price Odds to finish over 133.35

The tendency of Genuine Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to move above the current price in 90 days
 133.35 90 days 133.35  about 37.86
Based on a normal probability distribution, the odds of Genuine Parts to move above the current price in 90 days from now is about 37.86 (This Genuine Parts probability density function shows the probability of Genuine Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon Genuine Parts has a beta of 0.94. This usually indicates Genuine Parts market returns are sensitive to returns on the market. As the market goes up or down, Genuine Parts is expected to follow. Additionally The company has an alpha of 0.2579, implying that it can generate a 0.26 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Genuine Parts Price Density 
      Price 

Predictive Modules for Genuine Parts

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Genuine Parts. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Genuine Parts' 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. Please use the tools below to analyze the current value of Genuine Parts in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
131.74133.47135.20
Details
Intrinsic
Valuation
LowReal ValueHigh
120.27149.05150.78
Details
Naive
Forecast
LowNext ValueHigh
134.79136.52138.24
Details
6 Analysts
Consensus
LowTarget PriceHigh
129.00140.57157.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Genuine Parts. Your research has to be compared to or analyzed against Genuine Parts' peers to derive any actionable benefits. When done correctly, Genuine Parts' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Genuine Parts.

Genuine Parts Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Genuine Parts is not an exception. The market had few large corrections towards the Genuine Parts' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Genuine Parts, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Genuine Parts within the framework of very fundamental risk indicators.
α
Alpha over DOW
0.26
β
Beta against DOW0.94
σ
Overall volatility
3.72
Ir
Information ratio 0.15

Genuine Parts Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Genuine Parts for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Genuine Parts can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Genuine Parts has a strong financial position based on the latest SEC filings
Over 80.0% of the company shares are owned by institutional investors
Latest headline from www.nasdaq.com: Nissan Recalls 300K SUVs in US Over Hood Glitch - Nasdaq

Genuine Parts Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Genuine Stock often depends not only on the future outlook of the current and potential Genuine Parts' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Genuine Parts' indicators that are reflective of the short sentiment are summarized in the table below.
Shares Percent Shares Out0.88%
Trailing Annual Dividend Rate3.23
Short Percent Of Float1.02%
Float Shares139.76M
Average Daily Volume Last 10 Day868.79k
Shares Short Prior Month1.23M
Average Daily Volume In Three Month789.81k
Date Short Interest29th of April 2022
Trailing Annual Dividend Yield2.43%

Genuine Parts Technical Analysis

Genuine Parts' future price can be derived by breaking down and analyzing its technical indicators over time. Genuine Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Genuine Parts. In general, you should focus on analyzing Genuine Stock price patterns and their correlations with different microeconomic environments and drivers.

Genuine Parts Predictive Forecast Models

Genuine Parts time-series forecasting models is one of many Genuine Parts' stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Genuine Parts' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Genuine Parts

Checking the ongoing alerts about Genuine Parts for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Genuine Parts help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Genuine Parts Alerts

Genuine Parts Alerts and Suggestions

Genuine Parts has a strong financial position based on the latest SEC filings
Over 80.0% of the company shares are owned by institutional investors
Latest headline from www.nasdaq.com: Nissan Recalls 300K SUVs in US Over Hood Glitch - Nasdaq
Please check Genuine Parts Backtesting, Genuine Parts Valuation, Genuine Parts Correlation, Genuine Parts Hype Analysis, Genuine Parts Volatility, Genuine Parts History as well as Genuine Parts Performance. 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Complementary Tools for Genuine Stock analysis

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
0.15
Market Capitalization
18.9 B
Quarterly Revenue Growth YOY
0.19
Return On Assets
0.0563
Return On Equity
0.27
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.