Synergie (France) Market Value
| SDG Stock | EUR 27.50 0.30 1.08% |
| Symbol | Synergie |
Synergie '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 Synergie'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 Synergie.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Synergie on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Synergie SE or generate 0.0% return on investment in Synergie over 30 days. Synergie is related to or competes with Groupe CRIT, Trigano SA, Stef SA, Manitou BF, and Sword Group. Synergie SE provides human resources management and development services in Europe, Canada, and Australia More
Synergie 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 Synergie'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 Synergie SE upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 11.43 | |||
| Value At Risk | (2.33) | |||
| Potential Upside | 1.43 |
Synergie Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Synergie's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Synergie's standard deviation. In reality, there are many statistical measures that can use Synergie historical prices to predict the future Synergie's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (63.10) |
Synergie SE Backtested Returns
Synergie SE owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the firm had a -0.15% return per unit of risk over the last 3 months. Synergie SE exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Synergie's Variance of 2.2, coefficient of variation of (664.14), and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide. The entity has a beta of 0.0037, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Synergie's returns are expected to increase less than the market. However, during the bear market, the loss of holding Synergie is expected to be smaller as well. At this point, Synergie SE has a negative expected return of -0.22%. Please make sure to validate Synergie's accumulation distribution, and the relationship between the potential upside and day median price , to decide if Synergie SE performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.81 |
Very good predictability
Synergie SE has very good predictability. Overlapping area represents the amount of predictability between Synergie time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Synergie SE price movement. The serial correlation of 0.81 indicates that around 81.0% of current Synergie price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Synergie SE lagged returns against current returns
Autocorrelation, which is Synergie 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 Synergie's stock expected returns. We can calculate the autocorrelation of Synergie returns to help us make a trade decision. For example, suppose you find that Synergie 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 |
Synergie 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 Synergie stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Synergie stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Synergie stock over time.
Current vs Lagged Prices |
| Timeline |
Synergie Lagged Returns
When evaluating Synergie's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Synergie stock have on its future price. Synergie 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, Synergie autocorrelation shows the relationship between Synergie stock current value and its past values and can show if there is a momentum factor associated with investing in Synergie SE.
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.Other Information on Investing in Synergie Stock
Synergie financial ratios help investors to determine whether Synergie 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 Synergie with respect to the benefits of owning Synergie security.