Synergy Capex To Revenue from 2010 to 2025
| SNYR Stock | USD 4.20 0.35 9.09% |
Capex To Revenue | First Reported 2010-12-31 | Previous Quarter 0.005269 | Current Value 0.005005 | Quarterly Volatility 0.0127925 |
Check Synergy CHC financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Synergy CHC's main balance sheet or income statement drivers, such as Depreciation And Amortization of 28.5 K, Interest Expense of 853.7 K or Selling General Administrative of 5.5 M, as well as many indicators such as Price To Sales Ratio of 0.28, Dividend Yield of 0.0017 or Days Sales Outstanding of 19.63. Synergy financial statements analysis is a perfect complement when working with Synergy CHC Valuation or Volatility modules.
Synergy | Capex To Revenue |
Latest Synergy CHC's Capex To Revenue Growth Pattern
Below is the plot of the Capex To Revenue of Synergy CHC Corp over the last few years. It is the ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets. Synergy CHC's Capex To Revenue historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Synergy CHC's overall financial position and show how it may be relating to other accounts over time.
| Capex To Revenue | 10 Years Trend |
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Capex To Revenue |
| Timeline |
Synergy Capex To Revenue Regression Statistics
| Arithmetic Mean | 0.01 | |
| Geometric Mean | 0 | |
| Coefficient Of Variation | 183.80 | |
| Mean Deviation | 0.01 | |
| Median | 0.01 | |
| Standard Deviation | 0.01 | |
| Sample Variance | 0.0002 | |
| Range | 0.0532 | |
| R-Value | 0.13 | |
| Mean Square Error | 0.0002 | |
| R-Squared | 0.02 | |
| Significance | 0.63 | |
| Slope | 0.0004 | |
| Total Sum of Squares | 0 |
Synergy Capex To Revenue History
About Synergy CHC Financial Statements
Synergy CHC shareholders use historical fundamental indicators, such as Capex To Revenue, to determine how well the company is positioned to perform in the future. Although Synergy CHC investors may analyze each financial statement separately, they are all interrelated. The changes in Synergy CHC's assets and liabilities, for example, are also reflected in the revenues and expenses on on Synergy CHC's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Capex To Revenue | 0.01 | 0.01 |
Pair Trading with Synergy CHC
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 Synergy CHC 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 Synergy CHC will appreciate offsetting losses from the drop in the long position's value.Moving together with Synergy Stock
Moving against Synergy Stock
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| 0.62 | IPAR | Inter Parfums | PairCorr |
| 0.45 | HNST | Honest Company | PairCorr |
| 0.36 | ODD | ODDITY Tech | PairCorr |
The ability to find closely correlated positions to Synergy CHC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Synergy CHC 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 Synergy CHC - 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 Synergy CHC Corp to buy it.
The correlation of Synergy CHC 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 Synergy CHC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Synergy CHC Corp 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 Synergy CHC 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.Additional Tools for Synergy Stock Analysis
When running Synergy CHC's price analysis, check to measure Synergy CHC'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 Synergy CHC is operating at the current time. Most of Synergy CHC's value examination focuses on studying past and present price action to predict the probability of Synergy CHC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synergy CHC's price. Additionally, you may evaluate how the addition of Synergy CHC to your portfolios can decrease your overall portfolio volatility.