Syntec Optics Holdings Stock Price on September 19, 2023
| OPTX Stock | 3.34 0.11 3.19% |
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 3.34, as last reported on the 30th of December, with the highest price reaching 4.51 and the lowest price hitting 3.04 during the day. Syntec Optics is abnormally volatile given 3 months investment horizon. Syntec Optics Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for thirty different technical indicators, which can help you to evaluate if expected returns of 3.34% are justified by taking the suggested risk. Use Syntec Optics Holdings Semi Deviation of 8.37, risk adjusted performance of 0.1344, and Coefficient Of Variation of 639.08 to evaluate company specific risk that cannot be diversified away.
Syntec Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Syntec |
Sharpe Ratio = 0.1565
| Best Portfolio | Best Equity | |||
| Good Returns | OPTX | |||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 21.35 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.34 actual daily | 66 66% of assets have lower returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Syntec Optics is performing at about 12% 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 Valuation on September 19, 2023
It is possible to determine the worth of Syntec Optics on a given historical date. On September 19, 2023 Syntec was worth 10.55 at the beginning of the trading date compared to the closed value of 10.55. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Syntec Optics stock. Still, in general, we apply an absolute valuation method to find Syntec Optics' 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 Syntec Optics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Syntec Optics' related companies.
| Open | High | Low | Close | Volume | |
| 10.55 | 10.55 | 10.55 | 10.55 | 200.00 | |
09/19/2023 | 10.55 | 10.55 | 10.55 | 10.55 | 1.00 |
| 10.55 | 10.55 | 10.55 | 10.55 | 1.00 |
| Backtest Syntec Optics | | | Syntec Optics History | | | Syntec Optics Valuation | Previous | Next |
Syntec Optics Trading Date Momentum on September 19, 2023
| On September 20 2023 Syntec Optics Holdings was traded for 10.55 at the closing time. The top price for the day was 10.55 and the lowest listed price was 10.55 . There was no trading activity during the period 1.0. Lack of trading volume on September 20, 2023 did not result in any price rise and fall. The trading price change against the current closing price is 0.28% . |
Syntec Optics Holdings Fundamentals Correlations and Trends
By evaluating Syntec Optics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Syntec Optics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Syntec financial account trend analysis is a perfect complement when working with valuation or volatility modules.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
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.
Price Boundaries
Syntec Optics Period Price Range
Low | December 30, 2024
| High |
0.00 | 0.00 |
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Syntec Optics December 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Syntec Optics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Syntec Optics shares will generate the highest return on investment. By undertsting and applying Syntec Optics stock market strength indicators, traders can identify Syntec Optics Holdings entry and exit signals to maximize returns
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.
| Risk Adjusted Performance | 0.1344 | |||
| Jensen Alpha | 3.25 | |||
| Total Risk Alpha | 2.74 | |||
| Sortino Ratio | 0.2747 | |||
| Treynor Ratio | 0.9053 |
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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.