Syros Pharmaceuticals Stock Beta

SYRS Stock

USD 0.29 0.03 11.54%

Syros Pharmaceuticals fundamentals help investors to digest information that contributes to Syros Pharmaceuticals' financial success or failures. It also enables traders to predict the movement of Syros Stock. The fundamental analysis module provides a way to measure Syros Pharmaceuticals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Syros Pharmaceuticals stock.

Other Current Liab Total Assets

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Syros Pharmaceuticals Company Beta Analysis

Syros Pharmaceuticals' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Syros Pharmaceuticals Beta

1.59

Most of Syros Pharmaceuticals' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Syros Pharmaceuticals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Syros Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Syros Pharmaceuticals is extremely important. It helps to project a fair market value of Syros Stock properly, considering its historical fundamentals such as Beta. Since Syros Pharmaceuticals' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Syros Pharmaceuticals' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Syros Pharmaceuticals' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Short Term Investments	Total Liab	Deferred Long Term Liab	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Long Term Debt Total	Capital Surpluse	Current Deferred Revenue	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.44	0.85	-0.47	-0.83	0.56	0.88	0.03	-0.16	0.86	0.18	0.85	0.99	0.59	0.74	0.68	0.83	0.86	0.82	0.85	0.95	0.22
Total Stockholder Equity	0.44		0.1	-0.13	0.08	-0.41	0.35	0.2	0.53	-0.06	0.07	0.09	0.46	-0.43	0.29	0.2	-0.03	0.02	0.21	0.59	0.4	0.2
Net Tangible Assets	0.85	0.1		-0.39	-0.93	0.77	0.76	0.15	-0.28	0.9	-0.2	0.86	0.86	0.78	0.74	0.58	0.83	0.95	0.7	0.6	0.78	0.05
Net Debt	-0.47	-0.13	-0.39		0.39	-0.26	-0.2	0.52	0.67	-0.46	-0.08	-0.27	-0.56	-0.43	0.02	0.23	-0.56	-0.33	-0.25	-0.49	-0.64	0.27
Retained Earnings	-0.83	0.08	-0.93	0.39		-0.89	-0.76	0.01	0.37	-0.97	-0.01	-0.89	-0.82	-0.91	-0.63	-0.61	-0.93	-0.99	-0.7	-0.59	-0.8	0.0
Accounts Payable	0.56	-0.41	0.77	-0.26	-0.89		0.54	-0.01	-0.44	0.86	0.01	0.75	0.55	0.91	0.38	0.48	0.74	0.83	0.44	0.31	0.57	-0.21
Long Term Debt	0.88	0.35	0.76	-0.2	-0.76	0.54		0.31	0.07	0.77	0.03	0.94	0.85	0.49	0.8	0.76	0.66	0.79	0.78	0.67	0.79	0.3
Net Receivables	0.03	0.2	0.15	0.52	0.01	-0.01	0.31		0.66	-0.07	-0.55	0.22	0.01	-0.23	0.38	0.29	-0.29	0.04	0.04	-0.11	-0.09	0.09
Short Term Investments	-0.16	0.53	-0.28	0.67	0.37	-0.44	0.07	0.66		-0.47	-0.23	-0.15	-0.19	-0.64	0.04	0.14	-0.55	-0.29	-0.28	-0.05	-0.26	0.05
Total Liab	0.86	-0.06	0.9	-0.46	-0.97	0.86	0.77	-0.07	-0.47		0.12	0.9	0.85	0.9	0.66	0.64	0.95	0.96	0.8	0.64	0.84	0.12
Deferred Long Term Liab	0.18	0.07	-0.2	-0.08	-0.01	0.01	0.03	-0.55	-0.23	0.12		-0.05	0.11	0.02	-0.09	0.31	0.18	-0.03	0.22	0.2	0.2	0.22
Short Long Term Debt	0.85	0.09	0.86	-0.27	-0.89	0.75	0.94	0.22	-0.15	0.9	-0.05		0.83	0.72	0.77	0.72	0.79	0.9	0.77	0.63	0.79	0.2
Total Current Assets	0.99	0.46	0.86	-0.56	-0.82	0.55	0.85	0.01	-0.19	0.85	0.11	0.83		0.58	0.68	0.58	0.82	0.84	0.76	0.84	0.96	0.12
Short Term Debt	0.59	-0.43	0.78	-0.43	-0.91	0.91	0.49	-0.23	-0.64	0.9	0.02	0.72	0.58		0.38	0.4	0.88	0.86	0.53	0.35	0.59	-0.1
Common Stock	0.74	0.29	0.74	0.02	-0.63	0.38	0.8	0.38	0.04	0.66	-0.09	0.77	0.68	0.38		0.8	0.58	0.71	0.89	0.55	0.57	0.66
Property Plant Equipment	0.68	0.2	0.58	0.23	-0.61	0.48	0.76	0.29	0.14	0.64	0.31	0.72	0.58	0.4	0.8		0.5	0.66	0.76	0.47	0.51	0.53
Long Term Debt Total	0.83	-0.03	0.83	-0.56	-0.93	0.74	0.66	-0.29	-0.55	0.95	0.18	0.79	0.82	0.88	0.58	0.5		0.92	0.77	0.7	0.84	0.14
Capital Surpluse	0.86	0.02	0.95	-0.33	-0.99	0.83	0.79	0.04	-0.29	0.96	-0.03	0.9	0.84	0.86	0.71	0.66	0.92		0.74	0.65	0.8	0.09
Current Deferred Revenue	0.82	0.21	0.7	-0.25	-0.7	0.44	0.78	0.04	-0.28	0.8	0.22	0.77	0.76	0.53	0.89	0.76	0.77	0.74		0.68	0.73	0.67
Net Invested Capital	0.85	0.59	0.6	-0.49	-0.59	0.31	0.67	-0.11	-0.05	0.64	0.2	0.63	0.84	0.35	0.55	0.47	0.7	0.65	0.68		0.9	0.22
Net Working Capital	0.95	0.4	0.78	-0.64	-0.8	0.57	0.79	-0.09	-0.26	0.84	0.2	0.79	0.96	0.59	0.57	0.51	0.84	0.8	0.73	0.9		0.06
Capital Stock	0.22	0.2	0.05	0.27	0.0	-0.21	0.3	0.09	0.05	0.12	0.22	0.2	0.12	-0.1	0.66	0.53	0.14	0.09	0.67	0.22	0.06

Click cells to compare fundamentals

In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Syros Pharmaceuticals

In accordance with the recently published financial statements, Syros Pharmaceuticals has a Beta of 1.592. This is 85.12% higher than that of the Biotechnology sector and 14.53% higher than that of the Health Care industry. The beta for all United States stocks is notably lower than that of the firm.

Syros Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Syros Pharmaceuticals' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Syros Pharmaceuticals could also be used in its relative valuation, which is a method of valuing Syros Pharmaceuticals by comparing valuation metrics of similar companies.

Syros Pharmaceuticals is currently under evaluation in beta category among its peers.

Syros Pharmaceuticals Current Valuation Drivers

We derive many important indicators used in calculating different scores of Syros Pharmaceuticals from analyzing Syros Pharmaceuticals' financial statements. These drivers represent accounts that assess Syros Pharmaceuticals' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Syros Pharmaceuticals' important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	277.9M	499.7M	203.9M	45.3M	220.7M	141.1M
Enterprise Value	262.4M	391.9M	176.8M	(58.5M)	143.2M	99.6M

Syros Pharmaceuticals Institutional Holders

Institutional Holdings refers to the ownership stake in Syros Pharmaceuticals that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Syros Pharmaceuticals' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Syros Pharmaceuticals' value.

		Shares
Ubs O'connor Llc	2024-09-30	359.3 K
Exoduspoint Capital Management, Lp	2024-09-30	313 K
Walleye Trading Advisors, Llc	2024-06-30	285.8 K
Goldman Sachs Group Inc	2024-06-30	262.4 K
Blackrock Inc	2024-06-30	259.2 K
Omega Fund Management Llc	2024-09-30	251.3 K
Geode Capital Management, Llc	2024-09-30	204.7 K
Marshall Wace Asset Management Ltd	2024-06-30	160.4 K
Exome Asset Management Llc	2024-06-30	159.2 K
Bain Capital Life Sciences Investors, Llc	2024-09-30	2.8 M
Artal Group S A	2024-06-30	2.5 M

As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Syros Pharmaceuticals will likely underperform.

Syros Fundamentals

	Return On Equity	-7.77
	Return On Asset	-0.6
	Operating Margin	(288.92) %
	Current Valuation	9.82 M
	Shares Outstanding	26.83 M
	Shares Owned By Insiders	1.37 %
	Shares Owned By Institutions	75.58 %
	Number Of Shares Shorted	1.25 M
	Price To Earning	(7.92) X
	Price To Book	10.65 X
	Price To Sales	20.38 X
	Revenue	9.94 M
	Gross Profit	14.88 M
	EBITDA	(157.19 M)
	Net Income	(164.57 M)
	Cash And Equivalents	244.48 M
	Cash Per Share	12.09 X
	Total Debt	62.08 M
	Debt To Equity	0.49 %
	Current Ratio	6.57 X
	Book Value Per Share	(0.41) X
	Cash Flow From Operations	(109.71 M)
	Short Ratio	3.20 X
	Earnings Per Share	(3.07) X
	Target Price	1.0
	Number Of Employees	68
	Beta	1.59
	Market Capitalization	7.87 M
	Total Asset	168.17 M
	Retained Earnings	(722.81 M)
	Working Capital	108.3 M
	Current Asset	85.51 M
	Current Liabilities	9.57 M
	Net Asset	168.17 M

About Syros Pharmaceuticals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Syros Pharmaceuticals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Syros Pharmaceuticals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Syros Pharmaceuticals based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for Syros Stock Analysis

When running Syros Pharmaceuticals' price analysis, check to measure Syros Pharmaceuticals' 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 Syros Pharmaceuticals is operating at the current time. Most of Syros Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Syros Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Syros Pharmaceuticals' price. Additionally, you may evaluate how the addition of Syros Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.

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