SYN Tech Current Valuation vs. Gross Profit
| 1777 Stock | TWD 94.50 0.50 0.53% |
For SYN Tech profitability analysis, we use financial ratios and fundamental drivers that measure the ability of SYN Tech to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well SYN Tech Chem Pharm utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between SYN Tech's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of SYN Tech Chem Pharm over time as well as its relative position and ranking within its peers.
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SYN Tech Chem Gross Profit vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining SYN Tech's current stock value. Our valuation model uses many indicators to compare SYN Tech value to that of its competitors to determine the firm's financial worth. SYN Tech Chem Pharm is the top company in current valuation category among its peers. It also is number one stock in gross profit category among its peers fabricating about 0.08 of Gross Profit per Current Valuation. The ratio of Current Valuation to Gross Profit for SYN Tech Chem Pharm is roughly 13.05 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the SYN Tech's earnings, one of the primary drivers of an investment's value.SYN Current Valuation vs. Competition
SYN Tech Chem Pharm is the top company in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Biotechnology industry is presently estimated at about 24.98 Billion. SYN Tech retains roughly 3.16 Billion in current valuation claiming about 13% of stocks in Biotechnology industry.
SYN Gross Profit vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
SYN Tech |
| = | 3.16 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
SYN Tech |
| = | 242.35 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
SYN Gross Profit Comparison
SYN Tech is currently under evaluation in gross profit category among its peers.
SYN Tech Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in SYN Tech, profitability is also one of the essential criteria for including it into their portfolios because, without profit, SYN Tech will eventually generate negative long term returns. The profitability progress is the general direction of SYN Tech's change in net profit over the period of time. It can combine multiple indicators of SYN Tech, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
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 Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on SYN Tech. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of SYN Tech position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the SYN Tech's important profitability drivers and their relationship over time.
Use SYN Tech in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if SYN Tech position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in SYN Tech will appreciate offsetting losses from the drop in the long position's value.SYN Tech Pair Trading
SYN Tech Chem Pharm Pair Trading Analysis
The ability to find closely correlated positions to SYN Tech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SYN Tech when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back SYN Tech - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SYN Tech Chem Pharm to buy it.
The correlation of SYN Tech is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as SYN Tech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SYN Tech Chem moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for SYN Tech can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your SYN Tech position
In addition to having SYN Tech in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Large Value Funds Thematic Idea Now
Large Value Funds
Funds or Etfs that invest in the undervalued stocks of large-sized companies. The Large Value Funds theme has 37 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Large Value Funds Theme or any other thematic opportunities.
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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.