Synaptics Competitors
| SYNA Stock | USD 85.41 5.40 5.95% |
Synaptics Incorporated vs Daqo New Correlation
Very good diversification
The correlation between Synaptics Incorporated and DQ is -0.5 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Synaptics Incorporated and DQ in the same portfolio, assuming nothing else is changed.
Moving together with Synaptics Stock
| 0.73 | AIX2 | AIXTRON SE | PairCorr |
| 0.85 | MU | Micron Technology Aggressive Push | PairCorr |
| 0.85 | MX | MagnaChip Semiconductor Earnings Call Tomorrow | PairCorr |
Moving against Synaptics Stock
| 0.77 | L5A | Canadian Solar | PairCorr |
| 0.65 | NA | Nano Labs Tech Boost | PairCorr |
| 0.53 | QCE | Global PVQ SE | PairCorr |
| 0.5 | DQ | Daqo New Energy | PairCorr |
| 0.45 | 5PZ | SOLTEC POWER HOLD Split | PairCorr |
Synaptics Incorporated Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Synaptics Incorporated and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Synaptics and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Synaptics Incorporated does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Synaptics Stock performing well and Synaptics Incorporated Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Synaptics Incorporated's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| NVTS | 4.73 | 0.25 | 0.05 | 0.27 | 5.10 | 12.60 | 27.29 | |||
| ACMR | 3.18 | 1.11 | 0.29 | 20.13 | 2.99 | 8.19 | 24.18 | |||
| ACLS | 2.53 | 0.46 | 0.13 | (0.57) | 2.67 | 5.63 | 12.52 | |||
| DIOD | 2.32 | 0.82 | 0.33 | (4.12) | 1.71 | 5.40 | 34.01 | |||
| VSH | 2.20 | 0.75 | 0.31 | (1.97) | 1.55 | 6.56 | 11.64 | |||
| POWI | 1.80 | 0.66 | 0.30 | (1.24) | 1.37 | 5.20 | 10.65 | |||
| AMBA | 2.69 | (0.43) | 0.00 | 0.65 | 0.00 | 5.24 | 24.01 | |||
| GRND | 1.63 | (0.60) | 0.00 | 13.69 | 0.00 | 2.74 | 12.94 | |||
| SIMO | 2.34 | 0.63 | 0.20 | (2.70) | 2.49 | 6.97 | 23.47 | |||
| DQ | 2.24 | (0.41) | 0.00 | (0.39) | 0.00 | 4.29 | 20.30 |
Cross Equities Net Income Analysis
Compare Synaptics Incorporated and related stocks such as Navitas Semiconductor, Acm Research, and Axcelis Technologies Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ACMR | 5.4 M | 5.4 M | 5.4 M | 5.4 M | 5.4 M | 5.4 M | 1 M | (316 K) | 6.6 M | 18.9 M | 18.8 M | 37.8 M | 39.3 M | 77.3 M | 103.6 M | 119.2 M | 125.1 M |
| AMBA | 13.3 M | 9.8 M | 18.2 M | 25.7 M | 50.6 M | 76.5 M | 57.8 M | 18.9 M | (30.4 M) | (44.8 M) | (59.8 M) | (26.4 M) | (65.4 M) | (169.4 M) | (117.1 M) | (105.4 M) | (100.1 M) |
| GRND | 7.7 M | 7.7 M | 7.7 M | 7.7 M | 7.7 M | 7.7 M | 7.7 M | 7.7 M | 7.7 M | 7.7 M | (13.1 M) | 5.1 M | 852 K | (55.8 M) | (131 M) | (117.9 M) | (112 M) |
| SIMO | (12.5 M) | 41.5 M | 47.2 M | 27.4 M | 44.3 M | 60.3 M | 110.9 M | 75 M | 100.3 M | 64.4 M | 79.7 M | 200 M | 172.5 M | 52.9 M | 89.2 M | 122.7 M | 61.9 M |
Synaptics Incorporated and related stocks such as Navitas Semiconductor, Acm Research, and Axcelis Technologies Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Synaptics Incorporated financial statement analysis. It represents the amount of money remaining after all of Synaptics Incorporated operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Synaptics Incorporated Competitive Analysis
The better you understand Synaptics Incorporated competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Synaptics Incorporated's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Synaptics Incorporated's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Synaptics Incorporated Competition Performance Charts
Five steps to successful analysis of Synaptics Incorporated Competition
Synaptics Incorporated's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Synaptics Incorporated in relation to its competition. Synaptics Incorporated's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Synaptics Incorporated in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Synaptics Incorporated's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Synaptics Incorporated, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Synaptics Incorporated. If investors know Synaptics will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive Synaptics Incorporated assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth (0.84) | Earnings Share (1.59) | Revenue Per Share | Quarterly Revenue Growth 0.132 | Return On Assets |
Understanding Synaptics Incorporated requires distinguishing between market price and book value, where the latter reflects Synaptics's accounting equity. The concept of intrinsic value - what Synaptics Incorporated's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push Synaptics Incorporated's price substantially above or below its fundamental value.
Please note, there is a significant difference between Synaptics Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine if Synaptics Incorporated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Synaptics Incorporated's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.