Synalloy Stock Price on February 27, 2024
| ACNT Stock | USD 10.84 0.04 0.37% |
Below is the normalized historical share price chart for Synalloy extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Synalloy stands at 10.84, as last reported on the 1st of December, with the highest price reaching 10.98 and the lowest price hitting 10.70 during the day.
If you're considering investing in Synalloy Stock, it is important to understand the factors that can impact its price. Currently, Synalloy is not too volatile. Synalloy owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0517, which indicates the firm had a 0.0517% return per unit of risk over the last 3 months. We have found thirty technical indicators for Synalloy, which you can use to evaluate the volatility of the company. Please validate Synalloy's Risk Adjusted Performance of 0.05, coefficient of variation of 1791.52, and Semi Deviation of 2.34 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
At this time, Synalloy's Other Stockholder Equity is comparatively stable compared to the past year. Stock Based Compensation To Revenue is likely to gain to 0.01 in 2024, whereas Total Stockholder Equity is likely to drop slightly above 64 M in 2024. . At this time, Synalloy's Price To Sales Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 1.65 in 2024, whereas Price Cash Flow Ratio is likely to drop 3.99 in 2024. Synalloy Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of December 1991 | 200 Day MA 10.0073 | 50 Day MA 9.685 | Beta 0.794 |
Synalloy |
Sharpe Ratio = 0.0517
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Estimated Market Risk
| 2.92 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Synalloy 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 Synalloy by adding it to a well-diversified portfolio.
Price Book 1.1552 | Enterprise Value Ebitda 3.984 | Price Sales 0.6025 | Shares Float 6.8 M | Wall Street Target Price 18 |
Synalloy Valuation on February 27, 2024
It is possible to determine the worth of Synalloy on a given historical date. On February 27, 2024 Synalloy was worth 9.93 at the beginning of the trading date compared to the closed value of 10.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Synalloy stock. Still, in general, we apply an absolute valuation method to find Synalloy'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 Synalloy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Synalloy's related companies.
| Open | High | Low | Close | Volume | |
| 10.07 | 10.19 | 10.07 | 10.10 | 3,461 | |
02/27/2024 | 9.93 | 10.17 | 9.75 | 10.00 | 5,739 |
| 10.19 | 10.50 | 9.93 | 10.25 | 13,932 |
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Synalloy Trading Date Momentum on February 27, 2024
| On February 28 2024 Synalloy was traded for 10.25 at the closing time. The top price for the day was 10.50 and the lowest listed price was 9.93 . The trading volume for the day was 13.9 K. The trading history from February 28, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 2.50% . The trading price change against the current closing price is 3.50% . |
Synalloy Fundamentals Correlations and Trends
By evaluating Synalloy'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 Synalloy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Synalloy financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Synalloy Stock history
Synalloy 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 Synalloy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Synalloy 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 Synalloy stock prices may prove useful in developing a viable investing in Synalloy
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 10.1 M | 8.6 M | |
| Net Income Applicable To Common Shares | 18.2 M | 19.1 M |
Synalloy Quarterly Net Working Capital |
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Synalloy Stock Technical Analysis
Synalloy 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
Synalloy Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Synalloy cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Synalloy December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Synalloy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Synalloy shares will generate the highest return on investment. By undertsting and applying Synalloy stock market strength indicators, traders can identify Synalloy entry and exit signals to maximize returns
Synalloy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Synalloy's price direction in advance. Along with the technical and fundamental analysis of Synalloy Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Synalloy 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 | 0.05 | |||
| Jensen Alpha | 0.1935 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.0099 | |||
| Treynor Ratio | (0.48) |
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Additional Tools for Synalloy Stock Analysis
When running Synalloy's price analysis, check to measure Synalloy'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 Synalloy is operating at the current time. Most of Synalloy's value examination focuses on studying past and present price action to predict the probability of Synalloy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synalloy's price. Additionally, you may evaluate how the addition of Synalloy to your portfolios can decrease your overall portfolio volatility.