Syntec Optics Holdings Stock Performance
| OPTX Stock | 3.85 1.50 63.83% |
Syntec Optics holds a performance score of 7 on a scale of zero to a hundred. The entity has a beta of 0.98, which indicates possible diversification benefits within a given portfolio. Syntec Optics returns are very sensitive to returns on the market. As the market goes up or down, Syntec Optics is expected to follow. Use Syntec Optics Holdings total risk alpha, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to analyze future returns on Syntec Optics Holdings.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Syntec Optics Holdings are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of fairly unfluctuating basic indicators, Syntec Optics showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 1.73 | Five Day Return 8.8 | Year To Date Return (48.69) | Ten Year Return (76.12) | All Time Return (76.12) |
1 | Syntec Optics secures new defense microdisplay orders | 04/01/2024 |
2 | Miller OptX 2kW Laser Welder Looks to Combat Skill Shortage | 05/01/2024 |
3 | OPTX and Ballys Corporation Create New Strategic AI Alliance | 05/16/2024 |
4 | Syntec Optics to Host Conference Call to Discuss Financial Results and Business Update | 05/24/2024 |
5 | Syntec Optics Holdings reports Q1 results | 05/30/2024 |
6 | Syntec Optics to Participate in the Charting the Course Navigating the Intersection of TMT and Business in the AI Era Conference | 06/03/2024 |
7 | Syntec Optics Announces Dean Rudy as New Chief Financial Officer | 06/10/2024 |
8 | Syntec Optics Secures 1.3M Orders for Datacom Microlens Array, Orders Forecasted to More Than Double to 3.2M | 06/11/2024 |
9 | Syntec Optics Holdings, Inc. Sees Large Drop in Short Interest - Defense World | 06/13/2024 |
| Begin Period Cash Flow | 526.2 K |
Syntec |
Syntec Optics Relative Risk vs. Return Landscape
If you would invest 380.00 in Syntec Optics Holdings on March 28, 2024 and sell it today you would earn a total of 229.00 from holding Syntec Optics Holdings or generate 60.26% return on investment over 90 days. Syntec Optics Holdings is currently generating 1.9741% in daily expected returns and assumes 21.1646% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Syntec, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Syntec Optics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Syntec Optics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Syntec Optics Holdings, and traders can use it to determine the average amount a Syntec Optics' 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 = 0.0933
| Best Portfolio | Best Equity | |||
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| Average Returns | OPTX | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 21.16 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.97 actual daily | 39 61% of assets have higher returns |
Risk-Adjusted Return
| 0.09 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.
Syntec Optics Fundamentals Growth
Syntec Stock prices reflect investors' perceptions of the future prospects and financial health of Syntec Optics, and Syntec Optics fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Syntec Stock performance.
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.1 % | ||||
| Current Valuation | 132.32 M | ||||
| Shares Outstanding | 36.69 M | ||||
| Price To Book | 12.23 X | ||||
| Price To Sales | 4.29 X | ||||
| Revenue | 29.44 M | ||||
| EBITDA | 3.58 M | ||||
| Net Income | 1.98 M | ||||
| Total Debt | 6.9 M | ||||
| Cash Flow From Operations | 2.79 M | ||||
| Total Asset | 26.55 M | ||||
| Retained Earnings | 11.13 M | ||||
About Syntec Optics Performance
To evaluate Syntec Optics Holdings 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 Syntec Optics 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 Syntec 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 Syntec Optics Holdings market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Syntec'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.Syntec Optics is entity of United States. It is traded as Stock on NASDAQ exchange.Things to note about Syntec Optics Holdings performance evaluation
Checking the ongoing alerts about Syntec Optics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Syntec Optics Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Syntec Optics is way too risky over 90 days horizon | |
| Syntec Optics appears to be risky and price may revert if volatility continues | |
| Syntec Optics Holdings was previously known as Omnilit Acquisition Corp and was traded on NASDAQ Exchange under the symbol OLIT. | |
| Syntec Optics has a poor financial position based on the latest SEC disclosures | |
| About 81.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from news.google.com: Syntec Optics Holdings, Inc. Sees Large Drop in Short Interest - Defense World |
- Analyzing Syntec Optics' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Syntec Optics' stock is overvalued or undervalued compared to its peers.
- Examining Syntec Optics' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Syntec Optics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Syntec Optics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Syntec Optics' stock. These opinions can provide insight into Syntec Optics' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Syntec Stock Analysis
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.