Syntec Optics Holdings Stock Performance
| OPTX Stock | 3.12 0.38 10.86% |
Syntec Optics holds a performance score of 12 on a scale of zero to a hundred. The entity has a beta of 3.68, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Syntec Optics will likely underperform. Use Syntec Optics Holdings value at risk, as well as the relationship between the kurtosis and market facilitation index , to analyze future returns on Syntec Optics Holdings.
Risk-Adjusted Performance
12 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Syntec Optics Holdings are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of fairly conflicting 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 80.41 | Five Day Return 253.54 | Year To Date Return (23.58) | Ten Year Return (64.43) | All Time Return (64.43) |
1 | Syntec Optics looks to resume production for precision laser guidance optics | 11/05/2024 |
2 | TSX Composite Index Quote - Press Release - The Globe and Mail | 11/12/2024 |
3 | Syntec Optics Holdings, Inc. Reports Third Quarter 2024 Financial Results | 11/14/2024 |
4 | Syntec Optics to Host Conference Call to Discuss Financial Results and Business Update | 11/15/2024 |
5 | Syntec Optics Secures 2.1M in New Orders for Space Optics | 12/09/2024 |
6 | Mike Ransford Joins Syntec Optics as Site Manager | 12/16/2024 |
7 | Matt Carey to Lead Business Development and Delivery at Syntec Optics | 12/19/2024 |
| Begin Period Cash Flow | 526.2 K |
Syntec |
Syntec Optics Relative Risk vs. Return Landscape
If you would invest 119.00 in Syntec Optics Holdings on September 24, 2024 and sell it today you would earn a total of 231.00 from holding Syntec Optics Holdings or generate 194.12% return on investment over 90 days. Syntec Optics Holdings is currently generating 3.2707% in daily expected returns and assumes 20.955% 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 = 0.1561
| Best Portfolio | Best Equity | |||
| Good Returns | OPTX | |||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 20.96 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.27 actual daily | 65 65% 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 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.
| Return On Equity | 0.0387 | ||||
| Return On Asset | -0.017 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 138.87 M | ||||
| Shares Outstanding | 36.69 M | ||||
| Price To Book | 10.56 X | ||||
| Price To Sales | 4.57 X | ||||
| Revenue | 29.44 M | ||||
| EBITDA | 4.68 M | ||||
| Net Income | 1.98 M | ||||
| Total Debt | 8.93 M | ||||
| Book Value Per Share | 0.33 X | ||||
| Cash Flow From Operations | 2.79 M | ||||
| Market Capitalization | 33.75 M | ||||
| Total Asset | 26.55 M | ||||
| Retained Earnings | 11.13 M | ||||
| Working Capital | 3.77 M | ||||
About Syntec Optics Performance
Evaluating Syntec Optics' performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Syntec Optics has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Syntec Optics has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 98.95 | 64.82 | |
| Return On Tangible Assets | 0.08 | 0.06 | |
| Return On Capital Employed | 0.10 | 0.11 | |
| Return On Assets | 0.07 | 0.06 | |
| Return On Equity | 0.15 | 0.15 |
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 | |
| About 83.0% of the company outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Matt Carey to Lead Business Development and Delivery at Syntec Optics |
- 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.