Syntec Optics Holdings Stock Price History

OPTXW Stock   0.18  0.02  10.00%   
If you're considering investing in Syntec Stock, it is important to understand the factors that can impact its price. As of today, the current price of Syntec Optics stands at 0.18, as last reported on the 11th of May 2024, with the highest price reaching 0.18 and the lowest price hitting 0.18 during the day. Syntec Optics is out of control given 3 months investment horizon. Syntec Optics Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0972, which indicates the firm had a 0.0972% return per unit of risk over the last 3 months. We have analyzed and interpolated twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.05% are justified by taking the suggested risk. Use Syntec Optics Holdings Risk Adjusted Performance of 0.0892, coefficient of variation of 775.36, and Semi Deviation of 10.31 to evaluate company specific risk that cannot be diversified away.
  
Other Stockholder Equity is likely to climb to about 290.8 K in 2024, whereas Total Stockholder Equity is likely to drop slightly above 7.9 M in 2024. . Syntec Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0972

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Estimated Market Risk

 10.81
  actual daily
95
95% of assets are less volatile

Expected Return

 1.05
  actual daily
20
80% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average Syntec Optics is performing at about 7% 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 Syntec Optics by adding it to a well-diversified portfolio.
Shares Short Prior Month
32.8 K
Shares Short
49.7 K

Syntec Optics Stock Price History Chart

There are several ways to analyze Syntec Stock price data. The simplest method is using a basic Syntec candlestick price chart, which shows Syntec Optics price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceApril 16, 20240.2
Lowest PriceJanuary 23, 20240.077

Syntec Optics May 11, 2024 Stock Price Synopsis

Various analyses of Syntec Optics' daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Syntec Stock. It can be used to describe the percentage change in the price of Syntec Optics from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Syntec Stock.
Syntec Optics Price Rate Of Daily Change 0.90 
Syntec Optics Price Action Indicator(0.01)

Syntec Optics May 11, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Syntec Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Syntec Optics intraday prices and daily technical indicators to check the level of noise trading in Syntec Stock and then apply it to test your longer-term investment strategies against Syntec.

Syntec Stock Price History Data

The price series of Syntec Optics for the period between Sun, Feb 11, 2024 and Sat, May 11, 2024 has a statistical range of 0.12 with a coefficient of variation of 26.38. The daily prices for the period are spread out with arithmetic mean of 0.15. The median price for the last 90 days is 0.14.
OpenHighLowCloseVolume
05/11/2024
 0.18  0.18  0.18  0.18 
05/09/2024 0.18  0.18  0.18  0.18  3,442 
05/08/2024 0.18  0.18  0.18  0.18  10,976 
05/07/2024 0.20  0.20  0.18  0.18  96,480 
05/06/2024 0.20  0.20  0.20  0.20  11,377 
05/03/2024 0.20  0.20  0.20  0.20  3,500 
05/02/2024 0.20  0.20  0.20  0.20  1,301 
05/01/2024 0.20  0.20  0.18  0.18  44,479 
04/30/2024 0.20  0.20  0.20  0.20  1,600 
04/29/2024 0.20  0.20  0.19  0.20  16,299 
04/26/2024 0.20  0.20  0.20  0.20  4,800 
04/25/2024 0.20  0.20  0.19  0.20  9,624 
04/24/2024 0.20  0.20  0.20  0.20  11,700 
04/23/2024 0.20  0.20  0.20  0.20  6,651 
04/22/2024 0.20  0.20  0.19  0.20  10,210 
04/19/2024 0.19  0.20  0.19  0.20  35,562 
04/18/2024 0.20  0.20  0.19  0.19  16,077 
04/17/2024 0.21  0.21  0.20  0.20  31,765 
04/16/2024 0.21  0.21  0.19  0.20  55,885 
04/15/2024 0.20  0.20  0.18  0.19  80,508 
04/12/2024 0.20  0.20  0.18  0.19  132,482 
04/11/2024 0.20  0.25  0.17  0.18  745,203 
03/28/2024 0.15  0.15  0.15  0.15  12.00 
03/26/2024 0.13  0.14  0.13  0.14  1.00 
03/20/2024 0.13  0.14  0.13  0.14  139,424 
03/18/2024 0.15  0.15  0.15  0.15  976.00 
03/15/2024 0.14  0.14  0.13  0.14  21,831 
03/14/2024 0.14  0.14  0.13  0.14  9,123 
03/13/2024 0.14  0.15  0.14  0.15  8,476 
03/12/2024 0.15  0.15  0.14  0.14  24,189 
03/11/2024 0.14  0.15  0.14  0.14  68,313 
03/08/2024 0.15  0.15  0.13  0.14  128,714 
03/07/2024 0.15  0.15  0.13  0.13  17,302 
03/05/2024 0.14  0.15  0.12  0.13  7,070 
03/04/2024 0.12  0.13  0.12  0.13  328.00 
02/23/2024 0.12  0.12  0.11  0.11  5,510 
02/21/2024 0.11  0.11  0.11  0.11  712.00 
02/20/2024 0.11  0.11  0.11  0.11  2,159 
02/16/2024 0.15  0.15  0.15  0.15  108.00 
02/15/2024 0.12  0.13  0.11  0.12  62,960 
02/14/2024 0.1  0.1  0.1  0.1  365.00 
02/13/2024 0.15  0.15  0.12  0.15  2,902 
02/09/2024 0.1  0.1  0.1  0.1  1,000.00 
02/08/2024 0.10  0.13  0.09  0.13  2,687 
02/01/2024 0.10  0.14  0.09  0.14  12,689 
01/31/2024 0.09  0.1  0.09  0.1  4,665 
01/30/2024 0.09  0.1  0.09  0.1  34,920 
01/29/2024 0.08  0.1  0.08  0.1  24,113 
01/26/2024 0.08  0.1  0.08  0.1  14,182 
01/25/2024 0.1  0.1  0.08  0.1  12,785 
01/24/2024 0.08  0.1  0.08  0.08  6,218 
01/23/2024 0.09  0.10  0.08  0.08  207,849 
01/22/2024 0.08  0.12  0.08  0.11  158,161 
01/19/2024 0.12  0.12  0.08  0.12  38,269 
01/17/2024 0.11  0.13  0.1  0.13  5,325 
01/16/2024 0.13  0.14  0.11  0.14  12,427 
01/12/2024 0.15  0.15  0.11  0.15  34,183 
01/11/2024 0.12  0.17  0.09  0.12  172,665 
01/10/2024 0.14  0.14  0.13  0.13  9,992 
01/09/2024 0.15  0.15  0.13  0.15  110,500 
01/08/2024 0.17  0.19  0.11  0.16  28,147 

About Syntec Optics Stock history

Syntec Optics investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Syntec is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Syntec Optics Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Syntec Optics stock prices may prove useful in developing a viable investing in Syntec Optics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding33 M29.4 M

Syntec Optics Stock Technical Analysis

Syntec Optics 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 Syntec Optics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Syntec Optics 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...

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Syntec Optics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Syntec Optics' price direction in advance. Along with the technical and fundamental analysis of Syntec Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Syntec to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Syntec Optics Holdings is a strong investment it is important to analyze Syntec Optics' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Syntec Optics' future performance. For an informed investment choice regarding Syntec Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Syntec Optics Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

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When running Syntec Optics' price analysis, check to measure Syntec Optics' 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 Syntec Optics is operating at the current time. Most of Syntec Optics' value examination focuses on studying past and present price action to predict the probability of Syntec Optics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Syntec Optics' price. Additionally, you may evaluate how the addition of Syntec Optics to your portfolios can decrease your overall portfolio volatility.
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Is Syntec Optics' 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 Syntec Optics. If investors know Syntec 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 Syntec Optics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Revenue Growth
0.112
The market value of Syntec Optics Holdings is measured differently than its book value, which is the value of Syntec that is recorded on the company's balance sheet. Investors also form their own opinion of Syntec Optics' value that differs from its market value or its book value, called intrinsic value, which is Syntec Optics' 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 Syntec Optics' market value can be influenced by many factors that don't directly affect Syntec Optics' 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 Syntec Optics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Syntec Optics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Syntec Optics' 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.