Synovus Financial (Germany) Market Value
| SYU1 Stock | 54.00 1.00 1.82% |
| 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 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.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Synovus Financial on October 29, 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 Apple, Apple, Apple, Apple, Apple, Microsoft, and Microsoft. 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 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 | 1.66 | |||
| Information Ratio | 0.1655 | |||
| Maximum Drawdown | 10.33 | |||
| Value At Risk | (2.54) | |||
| Potential Upside | 5.0 |
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 | 0.1759 | |||
| Jensen Alpha | 0.4663 | |||
| Total Risk Alpha | 0.1491 | |||
| Sortino Ratio | 0.2251 | |||
| Treynor Ratio | 2.38 |
Synovus Financial Corp Backtested Returns
Synovus Financial appears to be very steady, given 3 months investment horizon. Synovus Financial Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the firm had a 0.21% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Synovus Financial Corp, which you can use to evaluate the volatility of the company. Please review Synovus Financial's Semi Deviation of 1.17, risk adjusted performance of 0.1759, and Coefficient Of Variation of 452.79 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Synovus Financial holds a performance score of 16. The entity has a beta of 0.21, 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. Please check Synovus Financial's total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Synovus Financial's existing price patterns will revert.
Auto-correlation | 0.83 |
Very good predictability
Synovus Financial Corp has very good predictability. Overlapping area represents the amount of predictability between Synovus Financial 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 Synovus Financial Corp price movement. The serial correlation of 0.83 indicates that around 83.0% of current Synovus Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 1.14 |
Synovus Financial Corp lagged returns against current returns
Autocorrelation, which is Synovus Financial 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 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 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 |
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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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Synovus Financial 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 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 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 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 |
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Additional Tools for Synovus Stock Analysis
When running Synovus Financial's price analysis, check to measure Synovus Financial's 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 Synovus Financial is operating at the current time. Most of Synovus Financial's value examination focuses on studying past and present price action to predict the probability of Synovus Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synovus Financial's price. Additionally, you may evaluate how the addition of Synovus Financial to your portfolios can decrease your overall portfolio volatility.