Genuine Stock Market Value

GPC -  USA Stock  

USD 136.75  3.46  2.60%

Genuine Parts' market value is the price at which a share of Genuine Parts stock trades on a public exchange. It measures the collective expectations of Genuine Parts investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Genuine Parts and determine expected loss or profit from investing in Genuine Parts over a given investment horizon. Please check Genuine Parts Hype Analysis, Genuine Parts Correlation, Genuine Parts Valuation, Genuine Parts Volatility, as well as analyze Genuine Parts Alpha and Beta and Genuine Parts Performance.
Symbol
Backtest


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.

Genuine Parts '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 Genuine Parts' 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 Genuine Parts.
0.00
04/26/2022
No Change 0.00  0.0 
In 2 months and 1 day
06/25/2022
0.00
If you would invest  0.00  in Genuine Parts on April 26, 2022 and sell it all today you would earn a total of 0.00 from holding Genuine Parts or generate 0.0% return on investment in Genuine Parts over 60 days. Genuine Parts is related to or competes with Aarons Holdings, Advance Auto, Academy Sports, Autozone, Bed Bath, Build-A-Bear Workshop, and Best Buy. Genuine Parts Company distributes automotive replacement parts, and industrial parts and materialsMore

Genuine Parts 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 Genuine Parts' 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 Genuine Parts upside and downside potential and time the market with a certain degree of confidence.

Genuine Parts Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Genuine Parts' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Genuine Parts' standard deviation. In reality, there are many statistical measures that can use Genuine Parts historical prices to predict the future Genuine Parts' volatility.
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
135.29137.07138.85
Details
Intrinsic
Valuation
LowReal ValueHigh
123.08149.90151.68
Details
Naive
Forecast
LowNext ValueHigh
130.84132.62134.40
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 Backtested Returns

We consider Genuine Parts very steady. Genuine Parts holds Efficiency (Sharpe) Ratio of 0.0772, which attests that the entity had 0.0772% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Genuine Parts, which you can use to evaluate the future volatility of the firm. Please check out Genuine Parts Risk Adjusted Performance of 0.1029, downside deviation of 1.94, and Market Risk Adjusted Performance of 0.1321 to validate if the risk estimate we provide is consistent with the expected return of 0.14%.
Genuine Parts has a performance score of 5 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.927, which attests to possible diversification benefits within a given portfolio. Let's try to break down what Genuine's beta means in this case. Genuine Parts returns are very sensitive to returns on the market. As the market goes up or down, Genuine Parts is expected to follow. Although it is important to respect Genuine Parts current price history, it is better to be realistic regarding the information on the equity's current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Genuine Parts technical indicators, you can presently evaluate if the expected return of 0.14% will be sustainable into the future. Genuine Parts right now retains a risk of 1.78%. Please check out Genuine Parts downside variance, daily balance of power, and the relationship between the maximum drawdown and skewness to decide if Genuine Parts will be following its current trending patterns.

Auto-correlation

    
  -0.37  

Poor reverse predictability

Genuine Parts has poor reverse predictability. Overlapping area represents the amount of predictability between Genuine Parts time series from 26th of April 2022 to 26th of May 2022 and 26th of May 2022 to 25th of June 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Genuine Parts price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Genuine Parts price fluctuation can be explain by its past prices.
Correlation Coefficient-0.37
Spearman Rank Test0.16
Residual Average0.0
Price Variance13.36

Genuine Parts lagged returns against current returns

Autocorrelation, which is Genuine Parts 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 Genuine Parts' stock expected returns. We can calculate the autocorrelation of Genuine Parts returns to help us make a trade decision. For example, suppose you find that Genuine Parts stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

Genuine Parts 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 Genuine Parts stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Genuine Parts stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Genuine Parts stock over time.
 Current vs Lagged Prices 
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      Timeline 

Genuine Parts Lagged Returns

When evaluating Genuine Parts' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Genuine Parts stock have on its future price. Genuine Parts 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, Genuine Parts autocorrelation shows the relationship between Genuine Parts stock current value and its past values and can show if there is a momentum factor associated with investing in Genuine Parts.
 Regressed Prices 
Share
      Timeline 

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.

Genuine Parts Implied Volatility

    
  27.77  
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.

Current Sentiment - GPC

Genuine Parts Investor Sentiment

Greater number of Macroaxis users are currently bullish on Genuine Parts. What is your judgment towards investing in Genuine Parts? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

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Please check Genuine Parts Hype Analysis, Genuine Parts Correlation, Genuine Parts Valuation, Genuine Parts Volatility, as well as analyze Genuine Parts Alpha and Beta and 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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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Genuine Parts 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.
A focus of Genuine Parts technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Genuine Parts trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...