Synopsys,'s market value is the price at which a share of Synopsys, trades on a public exchange. It measures the collective expectations of Synopsys, investors about its performance. Synopsys, is trading at 751.12 as of the 13th of January 2025, a 1.56% down since the beginning of the trading day. The stock's open price was 762.99. With this module, you can estimate the performance of a buy and hold strategy of Synopsys, and determine expected loss or profit from investing in Synopsys, over a given investment horizon. Check out Synopsys, Correlation, Synopsys, Volatility and Synopsys, Alpha and Beta module to complement your research on Synopsys,.
Please note, there is a significant difference between Synopsys,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Synopsys, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synopsys,'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Synopsys, 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Synopsys,'s stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Synopsys,.
0.00
12/14/2024
No Change 0.00
0.0
In 30 days
01/13/2025
0.00
If you would invest 0.00 in Synopsys, on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Synopsys, or generate 0.0% return on investment in Synopsys, over 30 days. Synopsys, is related to or competes with Roper Technologies,, Live Nation, and Technos SA. Synopsys, Inc. provides electronic design automation software products used to design and test integrated circuits More
Synopsys, Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Synopsys,'s stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Synopsys, upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Synopsys,'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Synopsys,'s standard deviation. In reality, there are many statistical measures that can use Synopsys, historical prices to predict the future Synopsys,'s volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Synopsys,. Your research has to be compared to or analyzed against Synopsys,'s peers to derive any actionable benefits. When done correctly, Synopsys,'s competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Synopsys,.
Synopsys, Backtested Returns
At this point, Synopsys, is very steady. Synopsys, owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0286, which indicates the firm had a 0.0286% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Synopsys,, which you can use to evaluate the volatility of the company. Please validate Synopsys,'s Risk Adjusted Performance of 0.0671, semi deviation of 2.74, and Coefficient Of Variation of 1368.86 to confirm if the risk estimate we provide is consistent with the expected return of 0.0783%. Synopsys, has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.54, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Synopsys,'s returns are expected to increase less than the market. However, during the bear market, the loss of holding Synopsys, is expected to be smaller as well. Synopsys, right now has a risk of 2.74%. Please validate Synopsys, total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Synopsys, will be following its existing price patterns.
Auto-correlation
0.12
Insignificant predictability
Synopsys, has insignificant predictability. Overlapping area represents the amount of predictability between Synopsys, time series from 14th of December 2024 to 29th of December 2024 and 29th of December 2024 to 13th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Synopsys, price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Synopsys, price fluctuation can be explain by its past prices.
Correlation Coefficient
0.12
Spearman Rank Test
0.28
Residual Average
0.0
Price Variance
70.98
Synopsys, lagged returns against current returns
Autocorrelation, which is Synopsys, stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Synopsys,'s stock expected returns. We can calculate the autocorrelation of Synopsys, returns to help us make a trade decision. For example, suppose you find that Synopsys, has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Synopsys, regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Synopsys, stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Synopsys, stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Synopsys, stock over time.
Current vs Lagged Prices
Timeline
Synopsys, Lagged Returns
When evaluating Synopsys,'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Synopsys, stock have on its future price. Synopsys, autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Synopsys, autocorrelation shows the relationship between Synopsys, stock current value and its past values and can show if there is a momentum factor associated with investing in Synopsys,.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Synopsys, financial ratios help investors to determine whether Synopsys, Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Synopsys, with respect to the benefits of owning Synopsys, security.