Sygnia (South Africa) Price on November 11, 2024
| SYG Stock | 2,235 14.00 0.62% |
If you're considering investing in Sygnia Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sygnia stands at 2,235, as last reported on the 4th of December, with the highest price reaching 2,276 and the lowest price hitting 2,100 during the day. At this point, Sygnia is very steady. Sygnia owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sygnia, which you can use to evaluate the volatility of the company. Please validate Sygnia's Risk Adjusted Performance of 0.072, semi deviation of 1.6, and Coefficient Of Variation of 1151.45 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
Sygnia Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sygnia |
Sharpe Ratio = 0.1109
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | SYG | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.69 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.19 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Sygnia is performing at about 8% 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 Sygnia by adding it to a well-diversified portfolio.
Sygnia Valuation on November 11, 2024
It is possible to determine the worth of Sygnia on a given historical date. On November 11, 2024 Sygnia was worth 2315.0 at the beginning of the trading date compared to the closed value of 2280.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sygnia stock. Still, in general, we apply an absolute valuation method to find Sygnia'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 Sygnia where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sygnia's related companies.
| Open | High | Low | Close | Volume | |
| 2,290 | 2,290 | 2,251 | 2,290 | 64,347 | |
11/11/2024 | 2,315 | 2,315 | 2,275 | 2,280 | 87,415 |
| 2,325 | 2,325 | 2,248 | 2,260 | 85,012 |
| Backtest Sygnia | | | Sygnia History | | | Sygnia Valuation | Previous | Next |
Sygnia Trading Date Momentum on November 11, 2024
| On November 12 2024 Sygnia was traded for 2,260 at the closing time. The highest price during the trading period was 2,325 and the lowest recorded bid was listed for 2,248 . The volume for the day was 85 K. This history from November 12, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.88% . The trading price change to the current price is 2.24% . |
Sygnia Fundamentals Correlations and Trends
By evaluating Sygnia'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 Sygnia's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sygnia financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sygnia Stock history
Sygnia 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 Sygnia is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sygnia 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 Sygnia stock prices may prove useful in developing a viable investing in Sygnia
Sygnia Stock Technical Analysis
Sygnia 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
Sygnia Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Sygnia cannot be verified against its exchange. Please verify the symbol is currently traded on Johannesburg 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.
Sygnia December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Sygnia stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sygnia shares will generate the highest return on investment. By undertsting and applying Sygnia stock market strength indicators, traders can identify Sygnia entry and exit signals to maximize returns
Sygnia Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sygnia's price direction in advance. Along with the technical and fundamental analysis of Sygnia Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sygnia 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 | 0.072 | |||
| Jensen Alpha | 0.1147 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.0206 | |||
| Treynor Ratio | 0.5099 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Sygnia Stock analysis
When running Sygnia's price analysis, check to measure Sygnia'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 Sygnia is operating at the current time. Most of Sygnia's value examination focuses on studying past and present price action to predict the probability of Sygnia's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sygnia's price. Additionally, you may evaluate how the addition of Sygnia to your portfolios can decrease your overall portfolio volatility.
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |