SYN Tech (Taiwan) Price on November 26, 2024
| 1777 Stock | TWD 95.30 0.20 0.21% |
If you're considering investing in SYN Stock, it is important to understand the factors that can impact its price. As of today, the current price of SYN Tech stands at 95.30, as last reported on the 12th of December 2024, with the highest price reaching 95.50 and the lowest price hitting 94.60 during the day. At this stage we consider SYN Stock to be very steady. SYN Tech Chem owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0448, which indicates the firm had a 0.0448% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for SYN Tech Chem Pharm, which you can use to evaluate the volatility of the company. Please validate SYN Tech's coefficient of variation of 2789.99, and Risk Adjusted Performance of 0.0281 to confirm if the risk estimate we provide is consistent with the expected return of 0.042%.
SYN Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SYN |
Sharpe Ratio = 0.0448
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| Negative Returns | 1777 |
Estimated Market Risk
| 0.94 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average SYN Tech is performing at about 3% 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 SYN Tech by adding it to a well-diversified portfolio.
SYN Tech Valuation on November 26, 2024
It is possible to determine the worth of SYN Tech on a given historical date. On November 26, 2024 SYN was worth 97.0 at the beginning of the trading date compared to the closed value of 99.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SYN Tech stock. Still, in general, we apply an absolute valuation method to find SYN Tech's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of SYN Tech where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SYN Tech's related companies.
| Open | High | Low | Close | Volume | |
| 97.00 | 97.30 | 97.00 | 97.20 | 51,366 | |
11/26/2024 | 97.00 | 100.00 | 96.90 | 99.70 | 291,985 |
| 100.00 | 100.50 | 98.70 | 99.60 | 179,167 |
| Backtest SYN Tech | | | SYN Tech History | | | SYN Tech Valuation | Previous | Next |
SYN Tech Trading Date Momentum on November 26, 2024
| On November 27 2024 SYN Tech Chem Pharm was traded for 99.60 at the closing time. The highest price during the trading period was 100.50 and the lowest recorded bid was listed for 98.70 . The volume for the day was 179.2 K. This history from November 27, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.10% . The trading price change to the current price is 1.50% . |
SYN Tech Chem Fundamentals Correlations and Trends
By evaluating SYN Tech's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among SYN Tech's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SYN financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SYN Tech Stock history
SYN Tech 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 SYN is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SYN Tech Chem 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 SYN Tech stock prices may prove useful in developing a viable investing in SYN Tech
Co., Ltd. researches, manufactures, and sells APIs in Taiwan. The company was founded in 1982 and is based in Tainan City, Taiwan. SYN TECH operates under Biotechnology classification in Taiwan and is traded on Taiwan OTC Exchange. It employs 175 people.
SYN Tech Stock Technical Analysis
SYN Tech 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.
Price Boundaries
SYN Tech Period Price Range
Low | December 12, 2024
| High |
0.00 | 0.00 |
SYN Tech Chem Pharm cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan OTC Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
SYN Tech December 12, 2024 Market Strength
Market strength indicators help investors to evaluate how SYN Tech stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SYN Tech shares will generate the highest return on investment. By undertsting and applying SYN Tech stock market strength indicators, traders can identify SYN Tech Chem Pharm entry and exit signals to maximize returns
SYN Tech Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SYN Tech's price direction in advance. Along with the technical and fundamental analysis of SYN Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SYN 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.
| Risk Adjusted Performance | 0.0281 | |||
| Jensen Alpha | 0.0079 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.174 |
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Additional Tools for SYN Stock Analysis
When running SYN Tech's price analysis, check to measure SYN Tech'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 SYN Tech is operating at the current time. Most of SYN Tech's value examination focuses on studying past and present price action to predict the probability of SYN Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SYN Tech's price. Additionally, you may evaluate how the addition of SYN Tech to your portfolios can decrease your overall portfolio volatility.