SYNCHRONY FINL 45 Market Value
| 87165BAG8 | 99.18 0.40 0.40% |
| Symbol | SYNCHRONY |
SYNCHRONY '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 SYNCHRONY's bond 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 SYNCHRONY.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in SYNCHRONY on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding SYNCHRONY FINL 45 or generate 0.0% return on investment in SYNCHRONY over 690 days. SYNCHRONY is related to or competes with 00108WAF7, 90331HPL1, American Express, Chevron Corp, Cisco Systems, Verizon Communications, and Merck. More
SYNCHRONY 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 SYNCHRONY's bond 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 SYNCHRONY FINL 45 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.66 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 12.07 | |||
| Value At Risk | (1.38) | |||
| Potential Upside | 1.44 |
SYNCHRONY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SYNCHRONY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SYNCHRONY's standard deviation. In reality, there are many statistical measures that can use SYNCHRONY historical prices to predict the future SYNCHRONY's volatility.| Risk Adjusted Performance | 0.0097 | |||
| Jensen Alpha | 0.0012 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0344 |
SYNCHRONY FINL 45 Backtested Returns
SYNCHRONY FINL 45 owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0645, which indicates the bond had a -0.0645% return per unit of standard deviation over the last 3 months. SYNCHRONY FINL 45 exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SYNCHRONY's risk adjusted performance of 0.0097, and Coefficient Of Variation of 16450.73 to confirm the risk estimate we provide. The entity has a beta of -0.0154, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SYNCHRONY are expected to decrease at a much lower rate. During the bear market, SYNCHRONY is likely to outperform the market.
Auto-correlation | 0.05 |
Virtually no predictability
SYNCHRONY FINL 45 has virtually no predictability. Overlapping area represents the amount of predictability between SYNCHRONY time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th 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 SYNCHRONY FINL 45 price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current SYNCHRONY price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.53 |
SYNCHRONY FINL 45 lagged returns against current returns
Autocorrelation, which is SYNCHRONY bond'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 SYNCHRONY's bond expected returns. We can calculate the autocorrelation of SYNCHRONY returns to help us make a trade decision. For example, suppose you find that SYNCHRONY has exhibited high autocorrelation historically, and you observe that the bond 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 |
SYNCHRONY 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 SYNCHRONY bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SYNCHRONY bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SYNCHRONY bond over time.
Current vs Lagged Prices |
| Timeline |
SYNCHRONY Lagged Returns
When evaluating SYNCHRONY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SYNCHRONY bond have on its future price. SYNCHRONY 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, SYNCHRONY autocorrelation shows the relationship between SYNCHRONY bond current value and its past values and can show if there is a momentum factor associated with investing in SYNCHRONY FINL 45.
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 SYNCHRONY Bond
SYNCHRONY financial ratios help investors to determine whether SYNCHRONY Bond 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 SYNCHRONY with respect to the benefits of owning SYNCHRONY security.