Generic Engineering (India) Today
| GENCON Stock | 40.45 0.50 1.22% |
Performance0 of 100
| Odds Of DistressLess than 10
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Generic Engineering is trading at 40.45 as of the 3rd of May 2024, a -1.22 percent decrease since the beginning of the trading day. The stock's open price was 40.95. Generic Engineering has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Generic Engineering Construction are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2024 and ending today, the 3rd of May 2024. Click here to learn more.
Business Domain Capital Goods | Category Industrials |
Generic Engineering is entity of India. It is traded as Stock on NSE exchange. The company has 53.04 M outstanding shares. More on Generic Engineering Construction
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Generic Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Generic Engineering's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Generic Engineering or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | Farming (View all Themes) | ||||
| Business Concentration | Construction & Engineering, Engineering & Construction, Industrials, Farming, Industrials, Construction & Engineering, Engineering & Construction, Industrials (View all Sectors) | ||||
Generic Engineering's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Generic Engineering's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Generic Engineering's financial leverage. It provides some insight into what part of Generic Engineering's total assets is financed by creditors.
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Generic Engineering Construction (GENCON) is traded on National Stock Exchange of India in India and employs 26 people. Generic Engineering is listed under Construction & Engineering category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.18 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Generic Engineering's market, we take the total number of its shares issued and multiply it by Generic Engineering's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Generic Engineering operates under Construction & Engineering sector and is part of Industrials industry. The entity has 53.04 M outstanding shares.
Generic Engineering generates positive cash flow from operations, but has no cash available
Check Generic Engineering Probability Of Bankruptcy
Ownership AllocationGeneric Engineering secures a total of 53.04 Million outstanding shares. Generic Engineering retains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 65.77 (percent) of Generic Engineering outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
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Generic Stock Price Odds Analysis
What are Generic Engineering's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Generic Engineering jumping above the current price in 90 days from now is about 84.64%. The Generic Engineering Construction probability density function shows the probability of Generic Engineering stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Generic Engineering has a beta of 0.3413. This usually indicates as returns on the market go up, Generic Engineering average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Generic Engineering Construction will be expected to be much smaller as well. Additionally, generic Engineering Construction has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Generic Engineering to move above the current price in 90 days from now is about 84.64 (This Generic Engineering Construction probability density function shows the probability of Generic Stock to fall within a particular range of prices over 90 days) .
Generic Engineering Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Generic Engineering market risk premium is the additional return an investor will receive from holding Generic Engineering 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 Generic Engineering. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Generic Engineering's alpha and beta are two of the key measurements used to evaluate Generic Engineering's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.39 | |||
| Standard Deviation | 3.06 | |||
| Variance | 9.33 | |||
| Risk Adjusted Performance | (0.04) |
Generic Stock Against Markets
Picking the right benchmark for Generic Engineering stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Generic Engineering stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Generic Engineering is critical whether you are bullish or bearish towards Generic Engineering Construction at a given time. Please also check how Generic Engineering's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Generic Engineering without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
Generic Engineering Corporate Management
Elected by the shareholders, the Generic Engineering's board of directors comprises two types of representatives: Generic Engineering inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Generic. The board's role is to monitor Generic Engineering's management team and ensure that shareholders' interests are well served. Generic Engineering's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Generic Engineering's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Krishana Sharma | Company Officer | Profile | |
| Manish Patel | MD Director | Profile | |
| Khushboo Agarwal | Company Officer | Profile | |
| Tarak Gor | CFO Director | Profile |
How to buy Generic Stock?
Before investing in Generic Engineering, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Generic Engineering. To buy Generic Engineering stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Generic Engineering. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Generic Engineering stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Generic Engineering Construction stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Generic Engineering Construction stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Generic Engineering Construction, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Generic Engineering Construction?
The danger of trading Generic Engineering Construction is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Generic Engineering is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Generic Engineering. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Generic Engineering is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Generic Engineering Construction. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Generic Stock analysis
When running Generic Engineering's price analysis, check to measure Generic Engineering's 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 Generic Engineering is operating at the current time. Most of Generic Engineering's value examination focuses on studying past and present price action to predict the probability of Generic Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Generic Engineering's price. Additionally, you may evaluate how the addition of Generic Engineering to your portfolios can decrease your overall portfolio volatility.
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