Synergie Wellness Products Stock Market Value
Synergie Wellness' market value is the price at which a share of Synergie Wellness trades on a public exchange. It measures the collective expectations of Synergie Wellness Products investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Synergie Wellness Products and determine expected loss or profit from investing in Synergie Wellness over a given investment horizon. Check out Synergie Wellness Correlation, Synergie Wellness Volatility and Synergie Wellness Alpha and Beta module to complement your research on Synergie Wellness.
| Symbol | Synergie |
Is Personal Care Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Synergie Wellness. If investors know Synergie will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Synergie Wellness listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.71) | Quarterly Revenue Growth (0.43) |
The market value of Synergie Wellness is measured differently than its book value, which is the value of Synergie that is recorded on the company's balance sheet. Investors also form their own opinion of Synergie Wellness' value that differs from its market value or its book value, called intrinsic value, which is Synergie Wellness' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Synergie Wellness' market value can be influenced by many factors that don't directly affect Synergie Wellness' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Synergie Wellness' value and its price as these two are different measures arrived at by different means. Investors typically determine if Synergie Wellness is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synergie Wellness' 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.
Synergie Wellness '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 Wellness' 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 Wellness.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Synergie Wellness on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Synergie Wellness Products or generate 0.0% return on investment in Synergie Wellness over 30 days. Synergie Wellness is related to or competes with NetEase, Oatly Group, Doubledown Interactive, Vita Coco, and GameStop Corp. Synergie Wellness Products, Inc. manufactures personal wellness products More
Synergie Wellness 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 Wellness' 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 Wellness Products upside and downside potential and time the market with a certain degree of confidence.
Synergie Wellness Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Synergie Wellness' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Synergie Wellness' standard deviation. In reality, there are many statistical measures that can use Synergie Wellness historical prices to predict the future Synergie Wellness' volatility.Synergie Wellness Backtested Returns
We have found zero technical indicators for Synergie Wellness Products, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Synergie Wellness are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Synergie Wellness Products has no correlation between past and present. Overlapping area represents the amount of predictability between Synergie Wellness time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Wellness price movement. The serial correlation of 0.0 indicates that just 0.0% of current Synergie Wellness price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Synergie Wellness lagged returns against current returns
Autocorrelation, which is Synergie Wellness 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 Wellness' stock expected returns. We can calculate the autocorrelation of Synergie Wellness returns to help us make a trade decision. For example, suppose you find that Synergie Wellness 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 Wellness 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 Wellness stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Synergie Wellness stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Synergie Wellness stock over time.
Current vs Lagged Prices |
| Timeline |
Synergie Wellness Lagged Returns
When evaluating Synergie Wellness' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Synergie Wellness stock have on its future price. Synergie Wellness 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 Wellness autocorrelation shows the relationship between Synergie Wellness stock current value and its past values and can show if there is a momentum factor associated with investing in Synergie Wellness Products.
Regressed Prices |
| Timeline |
Pair Trading with Synergie Wellness
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Synergie Wellness position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Synergie Wellness will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Synergie Wellness could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Synergie Wellness when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Synergie Wellness - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Synergie Wellness Products to buy it.
The correlation of Synergie Wellness is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Synergie Wellness moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Synergie Wellness moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Synergie Wellness can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Synergie Wellness Correlation, Synergie Wellness Volatility and Synergie Wellness Alpha and Beta module to complement your research on Synergie Wellness. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Synergie Wellness 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.