Synchronoss Technologies 8375 Stock Market Value
| SNCRL Stock | USD 22.10 0.10 0.45% |
| Symbol | Synchronoss |
Synchronoss Technologies Price To Book Ratio
Is Business Services space 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 Synchronoss Technologies. If investors know Synchronoss 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 Synchronoss Technologies 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 Synchronoss Technologies is measured differently than its book value, which is the value of Synchronoss that is recorded on the company's balance sheet. Investors also form their own opinion of Synchronoss Technologies' value that differs from its market value or its book value, called intrinsic value, which is Synchronoss Technologies' 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 Synchronoss Technologies' market value can be influenced by many factors that don't directly affect Synchronoss Technologies' 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 Synchronoss Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Synchronoss Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synchronoss Technologies' 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.
Synchronoss Technologies '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 Synchronoss Technologies' 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 Synchronoss Technologies.
| 05/07/2024 |
| 07/06/2024 |
If you would invest 0.00 in Synchronoss Technologies on May 7, 2024 and sell it all today you would earn a total of 0.00 from holding Synchronoss Technologies 8375 or generate 0.0% return on investment in Synchronoss Technologies over 60 days. Synchronoss Technologies is related to or competes with Exela Technologies, EverQuote, Apple, Bank of America, McDonalds, Travelers Companies, and Pfizer. Synchronoss Technologies is entity of United States More
Synchronoss Technologies 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 Synchronoss Technologies' 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 Synchronoss Technologies 8375 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6224 | |||
| Information Ratio | 0.1304 | |||
| Maximum Drawdown | 3.94 | |||
| Value At Risk | (0.71) | |||
| Potential Upside | 1.0 |
Synchronoss Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Synchronoss Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Synchronoss Technologies' standard deviation. In reality, there are many statistical measures that can use Synchronoss Technologies historical prices to predict the future Synchronoss Technologies' volatility.| Risk Adjusted Performance | 0.0904 | |||
| Jensen Alpha | 0.0939 | |||
| Total Risk Alpha | 0.0942 | |||
| Sortino Ratio | 0.1513 | |||
| Treynor Ratio | (1.11) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Synchronoss Technologies' 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.
Synchronoss Technologies Backtested Returns
As of now, Synchronoss Stock is very steady. Synchronoss Technologies owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Synchronoss Technologies 8375, which you can use to evaluate the volatility of the company. Please validate Synchronoss Technologies' Coefficient Of Variation of 694.28, semi deviation of 0.3114, and Risk Adjusted Performance of 0.0904 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Synchronoss Technologies has a performance score of 12 on a scale of 0 to 100. The entity has a beta of -0.0848, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Synchronoss Technologies are expected to decrease at a much lower rate. During the bear market, Synchronoss Technologies is likely to outperform the market. Synchronoss Technologies right now has a risk of 0.7%. Please validate Synchronoss Technologies value at risk, as well as the relationship between the skewness and day median price , to decide if Synchronoss Technologies will be following its existing price patterns.
Auto-correlation | 0.21 |
Weak predictability
Synchronoss Technologies 8375 has weak predictability. Overlapping area represents the amount of predictability between Synchronoss Technologies time series from 7th of May 2024 to 6th of June 2024 and 6th of June 2024 to 6th of July 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Synchronoss Technologies price movement. The serial correlation of 0.21 indicates that over 21.0% of current Synchronoss Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Synchronoss Technologies lagged returns against current returns
Autocorrelation, which is Synchronoss Technologies 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 Synchronoss Technologies' stock expected returns. We can calculate the autocorrelation of Synchronoss Technologies returns to help us make a trade decision. For example, suppose you find that Synchronoss Technologies 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 price movement to match the lagging time series.
Current and Lagged Values |
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Synchronoss Technologies 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 Synchronoss Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Synchronoss Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Synchronoss Technologies stock over time.
Current vs Lagged Prices |
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Synchronoss Technologies Lagged Returns
When evaluating Synchronoss Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Synchronoss Technologies stock have on its future price. Synchronoss Technologies 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, Synchronoss Technologies autocorrelation shows the relationship between Synchronoss Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Synchronoss Technologies 8375.
Regressed Prices |
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When determining whether Synchronoss Technologies is a strong investment it is important to analyze Synchronoss Technologies' 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 Synchronoss Technologies' future performance. For an informed investment choice regarding Synchronoss Stock, refer to the following important reports:Check out Synchronoss Technologies Correlation, Synchronoss Technologies Volatility and Synchronoss Technologies Alpha and Beta module to complement your research on Synchronoss Technologies. For more information on how to buy Synchronoss Stock please use our How to buy in Synchronoss Stock guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Synchronoss Technologies 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.