Synnex Technology (Taiwan) Price on October 24, 2024
| 2347 Stock | TWD 75.60 0.20 0.27% |
If you're considering investing in Synnex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Synnex Technology stands at 75.60, as last reported on the 29th of November, with the highest price reaching 75.60 and the lowest price hitting 73.90 during the day. At this stage we consider Synnex Stock to be very steady. Synnex Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0514, which indicates the firm had a 0.0514% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Synnex Technology International, which you can use to evaluate the volatility of the company. Please validate Synnex Technology's Risk Adjusted Performance of 0.0668, coefficient of variation of 1214.87, and Semi Deviation of 0.9691 to confirm if the risk estimate we provide is consistent with the expected return of 0.0629%.
Synnex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Synnex |
Sharpe Ratio = 0.0514
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Estimated Market Risk
| 1.22 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.06 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Synnex Technology is performing at about 4% 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 Synnex Technology by adding it to a well-diversified portfolio.
Synnex Technology Valuation on October 24, 2024
It is possible to determine the worth of Synnex Technology on a given historical date. On October 24, 2024 Synnex was worth 72.2 at the beginning of the trading date compared to the closed value of 72.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Synnex Technology stock. Still, in general, we apply an absolute valuation method to find Synnex Technology's 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 Synnex Technology where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Synnex Technology's related companies.
| Open | High | Low | Close | Volume | |
| 72.80 | 73.00 | 72.30 | 72.40 | 2,181,111 | |
10/24/2024 | 72.20 | 72.90 | 72.00 | 72.50 | 1,984,367 |
| 72.30 | 72.90 | 72.30 | 72.60 | 1,120,044 |
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Synnex Technology Trading Date Momentum on October 24, 2024
| On October 25 2024 Synnex Technology International was traded for 72.60 at the closing time. The highest price during the trading period was 72.90 and the lowest recorded bid was listed for 72.30 . The volume for the day was 1.1 M. This history from October 25, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 0.14% . The trading price change to the current price is 1.24% . |
Synnex Technology Fundamentals Correlations and Trends
By evaluating Synnex Technology's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Synnex Technology's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Synnex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Synnex Technology Stock history
Synnex Technology 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 Synnex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Synnex Technology 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 Synnex Technology stock prices may prove useful in developing a viable investing in Synnex Technology
Synnex Technology International Corporation distributes communication, computers and computer peripherals, electronic components, and consumer electronic products. Synnex Technology International Corporation was founded in 1988 and is headquartered in Taipei, Taiwan. SYNNEX TECHNOLOGY operates under Computers Phones And Devices classification in Taiwan and is traded on Taiwan Stock Exchange.
Synnex Technology Stock Technical Analysis
Synnex Technology 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
Synnex Technology Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Synnex Technology International cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Synnex Technology November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Synnex Technology stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Synnex Technology shares will generate the highest return on investment. By undertsting and applying Synnex Technology stock market strength indicators, traders can identify Synnex Technology International entry and exit signals to maximize returns
Synnex Technology Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Synnex Technology's price direction in advance. Along with the technical and fundamental analysis of Synnex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Synnex 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 | 0.0668 | |||
| Jensen Alpha | 0.0984 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (1.34) |
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Additional Tools for Synnex Stock Analysis
When running Synnex Technology's price analysis, check to measure Synnex Technology'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 Synnex Technology is operating at the current time. Most of Synnex Technology's value examination focuses on studying past and present price action to predict the probability of Synnex Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synnex Technology's price. Additionally, you may evaluate how the addition of Synnex Technology to your portfolios can decrease your overall portfolio volatility.