Synovus Financial Corp Preferred Stock Market Value
| SNV-PE Preferred Stock | USD 26.40 0.02 0.08% |
| Symbol | Synovus |
Synovus Financial '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 Synovus Financial's preferred 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 Synovus Financial.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Synovus Financial on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Synovus Financial Corp or generate 0.0% return on investment in Synovus Financial over 30 days. Synovus Financial is related to or competes with Capital One, Capital One, and Bank of America. Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides commercial and retail bankin... More
Synovus Financial 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 Synovus Financial's preferred 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 Synovus Financial Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3126 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 1.93 | |||
| Value At Risk | (0.34) | |||
| Potential Upside | 0.7217 |
Synovus Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Synovus Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Synovus Financial's standard deviation. In reality, there are many statistical measures that can use Synovus Financial historical prices to predict the future Synovus Financial's volatility.| Risk Adjusted Performance | 0.172 | |||
| Jensen Alpha | 0.0727 | |||
| Total Risk Alpha | 0.0207 | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | 1.92 |
Synovus Financial Corp Backtested Returns
At this point, Synovus Financial is very steady. Synovus Financial Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.24, which indicates the firm had a 0.24% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Synovus Financial Corp, which you can use to evaluate the volatility of the company. Please validate Synovus Financial's Risk Adjusted Performance of 0.172, standard deviation of 0.3657, and Downside Deviation of 0.3126 to confirm if the risk estimate we provide is consistent with the expected return of 0.0885%. Synovus Financial has a performance score of 18 on a scale of 0 to 100. The entity has a beta of 0.0404, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Synovus Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding Synovus Financial is expected to be smaller as well. Synovus Financial Corp right now has a risk of 0.37%. Please validate Synovus Financial expected short fall, and the relationship between the value at risk and daily balance of power , to decide if Synovus Financial will be following its existing price patterns.
Auto-correlation | -0.65 |
Very good reverse predictability
Synovus Financial Corp has very good reverse predictability. Overlapping area represents the amount of predictability between Synovus Financial time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Synovus Financial Corp price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Synovus Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Synovus Financial Corp lagged returns against current returns
Autocorrelation, which is Synovus Financial preferred 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 Synovus Financial's preferred stock expected returns. We can calculate the autocorrelation of Synovus Financial returns to help us make a trade decision. For example, suppose you find that Synovus Financial has exhibited high autocorrelation historically, and you observe that the preferred 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 |
Synovus Financial 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 Synovus Financial preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Synovus Financial preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Synovus Financial preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Synovus Financial Lagged Returns
When evaluating Synovus Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Synovus Financial preferred stock have on its future price. Synovus Financial 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, Synovus Financial autocorrelation shows the relationship between Synovus Financial preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Synovus Financial Corp.
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 Synovus Preferred Stock
Synovus Financial financial ratios help investors to determine whether Synovus Preferred 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 Synovus with respect to the benefits of owning Synovus Financial security.