Genuine Stock Performance

GPC -  USA Stock  

USD 128.54  4.63  3.48%

Genuine Parts has performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.9522, 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 extremely important to respect Genuine Parts current price history, it is better to be realistic regarding the information on equity 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 0.0888% will be sustainable into the future. Genuine Parts right now retains a risk of 1.72%. Please check out Genuine Parts downside variance, rate of daily change, and the relationship between the maximum drawdown and skewness to decide if Genuine Parts will be following its current trending patterns.
  
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Genuine Performance
3 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Genuine Parts are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. Despite somewhat strong basic indicators, Genuine Parts is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more

Genuine Price Channel

Quick Ratio0.38
Fifty Two Week Low115.63
Target High Price157.00
Fifty Two Week High142.97
Payout Ratio51.78%
Trailing Annual Dividend Yield2.45%
Target Low Price130.00

Genuine Parts Relative Risk vs. Return Landscape

If you would invest  12,258  in Genuine Parts on February 25, 2022 and sell it today you would earn a total of  596.00  from holding Genuine Parts or generate 4.86% return on investment over 90 days. Genuine Parts is generating 0.0888% of daily returns assuming volatility of 1.7203% on return distribution over 90 days investment horizon. In other words, 14% of stocks are less volatile than Genuine, and above 99% of all equities are expected to generate higher returns over the next 90 days.
 Daily Expected Return (%) 
      Risk (%) 
Considering the 90-day investment horizon Genuine Parts is expected to generate 1.27 times more return on investment than the market. However, the company is 1.27 times more volatile than its market benchmark. It trades about 0.05 of its potential returns per unit of risk. The DOW is currently generating roughly -0.09 per unit of risk.

Genuine Parts Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Genuine Parts' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Genuine Parts, and traders can use it to determine the average amount a Genuine Parts' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0516

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Estimated Market Risk
 1.72
  actual daily
 
 14 %
of total potential
 
1414
Expected Return
 0.09
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 1 %
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11
Risk-Adjusted Return
 0.05
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 3 %
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33
Based on monthly moving average Genuine Parts is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Genuine Parts by adding it to a well-diversified portfolio.

About Genuine Parts Performance

To evaluate Genuine Parts Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Genuine Parts generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Genuine Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Genuine Parts stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Genuine's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Effect of Exchange Rate Changes on Cash-38.1 M-39.1 M
Return on Investment 7.35  7.54 
Return on Average Assets 0.06  0.06 
Return on Average Equity 0.27  0.22 
Return on Invested Capital 0.19  0.20 
Return on Sales 0.07  0.06 
Genuine Parts Company distributes automotive replacement parts, and industrial parts and materials. The company was incorporated in 1928 and is headquartered in Atlanta, Georgia. Genuine Parts operates under Specialty Retail classification in the United States and is traded on New York Stock Exchange. It employs 52000 people.

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

Equity Alerts and Improvement 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: Advance Auto Beats on Q1 Earnings, Ups 22 EPS View - Nasdaq
Please check Risk vs Return Analysis. 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 Global Correlations module to find global opportunities by holding instruments from different markets.

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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.
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.