Genuine Stock Alpha and Beta Analysis


USD 133.35  0.35  0.26%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Genuine Parts. It also helps investors analyze the systematic and unsystematic risks associated with investing in Genuine Parts over a specified time horizon. Remember, high Genuine Parts' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please check Genuine Parts Backtesting, Genuine Parts Valuation, Genuine Parts Correlation, Genuine Parts Hype Analysis, Genuine Parts Volatility, Genuine Parts History and analyze Genuine Parts Performance.
Please note that although Genuine Parts alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Genuine Parts did 0.23  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Genuine Parts stock's relative risk over its benchmark. Genuine Parts has a beta of 0.92  . 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.
Genuine Parts Book Value per Share is projected to increase based on the last few years of reporting. The past year's Book Value per Share was at 24.34. The current year Enterprise Value over EBIT is expected to grow to 20.05, whereas Price to Book Value is forecasted to decline to 5.47.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Genuine Parts Quarterly Book Value per Share



Genuine Parts Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Genuine Parts market risk premium is the additional return an investor will receive from holding Genuine Parts long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Genuine Parts. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Genuine Parts' performance over market.
α0.23   β0.92
90 days against DJI

Genuine Parts expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Genuine Parts' Buy-and-hold return. Our buy-and-hold chart shows how Genuine Parts performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Genuine Parts Market Price Analysis

Market price analysis 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 understating and applying Genuine Parts stock market price indicators, traders can identify Genuine Parts position entry and exit signals to maximize returns.

Genuine Parts Return and Market Media

The median price of Genuine Parts for the period between Sun, Apr 3, 2022 and Sat, Jul 2, 2022 is 132.29 with a coefficient of variation of 2.77. The daily time series for the period is distributed with a sample standard deviation of 3.66, arithmetic mean of 132.3, and mean deviation of 2.96. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
EPS Reported04/21/2022
Disposition of 1645 shares by Kevin Herron of Genuine Parts ...04/28/2022
Disposition of 3335 shares by Kevin Herron of Genuine Parts ...05/03/2022
Acquisition by JeanJacques Lafont of 1418 shares of Genuine ...05/04/2022
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About Genuine Parts Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Genuine Parts has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2020 2021 2022 (projected)
Long Term Debt to Equity0.790.690.74
Interest Coverage4.4318.7127.52

Genuine Parts Upcoming Company Events

As portrayed in its financial statements, the presentation of Genuine Parts' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Genuine Parts' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Genuine Parts' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Genuine Parts. Please utilize our Beneish M Score to check the likelihood of Genuine Parts' management manipulating its earnings.
Upcoming Quarterly Report16th of February 2022
Next Financial Report28th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End16th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

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Please check Genuine Parts Backtesting, Genuine Parts Valuation, Genuine Parts Correlation, Genuine Parts Hype Analysis, Genuine Parts Volatility, Genuine Parts History and analyze 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 ETF Directory module to find actively traded Exchange Traded Funds (ETF) from around the world.

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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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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...