Synalloy Stock Performance
| ACNT Stock | USD 10.65 0.25 2.40% |
Synalloy has a performance score of 2 on a scale of 0 to 100. The entity has a beta of -0.32, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Synalloy are expected to decrease at a much lower rate. During the bear market, Synalloy is likely to outperform the market. Synalloy right now has a risk of 2.94%. Please validate Synalloy downside variance, and the relationship between the sortino ratio and accumulation distribution , to decide if Synalloy will be following its existing price patterns.
Risk-Adjusted Performance
2 of 100
Weak | Strong |
Weak
Compared to the overall equity markets, risk-adjusted returns on investments in Synalloy are ranked lower than 2 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, Synalloy is not utilizing all of its potentials. The recent stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Actual Historical Performance (%)
One Day Return 3.27 | Five Day Return 5.09 | Year To Date Return 9.59 | Ten Year Return (36.60) | All Time Return 371.97 |
Last Split Factor 3:2 | Dividend Date 2018-12-12 | Ex Dividend Date 2018-11-29 | Last Split Date 1995-06-13 |
1 | Shareholders in Ascent Industries are in the red if they invested five years ago | 09/04/2024 |
2 | Disposition of 1665000 shares by Privet Fund Management Llc of Synalloy at 8.2189 subject to Rule 16b-3 | 09/19/2024 |
3 | Disposition of 8647 shares by Privet Fund Management Llc of Synalloy at 9.1283 subject to Rule 16b-3 | 09/20/2024 |
4 | Ascent Industries Co Shares Up 3.85 percent on Sep 24 | 09/24/2024 |
5 | Ascent Industries President CEO Acquires 28 percent More Stock | 09/26/2024 |
6 | Acquisition by Christopher Hutter of 1999 shares of Synalloy subject to Rule 16b-3 | 09/27/2024 |
7 | Acquisition by Anthony Pan of 1300 shares of Synalloy at 10.5 subject to Rule 16b-3 | 10/21/2024 |
8 | Ascent Industries Sets Third Quarter 2024 Earnings Conference Call for November 12, 2024, at 500 p.m. ET | 10/29/2024 |
9 | Ascent Industries Reports Third Quarter 2024 Results | 11/12/2024 |
10 | Ascent Industries Co. Q3 2024 Earnings Call Transcript | 11/13/2024 |
| Begin Period Cash Flow | 1.4 M |
Synalloy |
Synalloy Relative Risk vs. Return Landscape
If you would invest 1,010 in Synalloy on August 27, 2024 and sell it today you would earn a total of 30.00 from holding Synalloy or generate 2.97% return on investment over 90 days. Synalloy is currently generating 0.0869% in daily expected returns and assumes 2.9435% risk (volatility on return distribution) over the 90 days horizon. In different words, 26% of stocks are less volatile than Synalloy, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Synalloy Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Synalloy's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Synalloy, and traders can use it to determine the average amount a Synalloy's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0295
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Estimated Market Risk
| 2.94 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Synalloy is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Synalloy by adding it to a well-diversified portfolio.
Synalloy Fundamentals Growth
Synalloy Stock prices reflect investors' perceptions of the future prospects and financial health of Synalloy, and Synalloy fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Synalloy Stock performance.
| Return On Equity | -0.25 | ||||
| Return On Asset | -0.0562 | ||||
| Profit Margin | (0.07) % | ||||
| Operating Margin | (0) % | ||||
| Current Valuation | 130.32 M | ||||
| Shares Outstanding | 10.09 M | ||||
| Price To Earning | 4.23 X | ||||
| Price To Book | 1.11 X | ||||
| Price To Sales | 0.58 X | ||||
| Revenue | 193.18 M | ||||
| Gross Profit | 60.77 M | ||||
| EBITDA | (29.17 M) | ||||
| Net Income | (26.63 M) | ||||
| Cash And Equivalents | 245 K | ||||
| Cash Per Share | 0.02 X | ||||
| Total Debt | 31.4 M | ||||
| Debt To Equity | 0.77 % | ||||
| Current Ratio | 2.84 X | ||||
| Book Value Per Share | 10.64 X | ||||
| Cash Flow From Operations | 23.08 M | ||||
| Earnings Per Share | (1.87) X | ||||
| Market Capitalization | 104.97 M | ||||
| Total Asset | 175.92 M | ||||
| Retained Earnings | 58.52 M | ||||
| Working Capital | 136.9 M | ||||
About Synalloy Performance
Assessing Synalloy's fundamental ratios provides investors with valuable insights into Synalloy's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Synalloy is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 99.62 | 90.65 | |
| Return On Tangible Assets | (0.20) | (0.19) | |
| Return On Capital Employed | (0.17) | (0.16) | |
| Return On Assets | (0.19) | (0.18) | |
| Return On Equity | (0.32) | (0.30) |
Things to note about Synalloy performance evaluation
Checking the ongoing alerts about Synalloy for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Synalloy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reported the previous year's revenue of 193.18 M. Net Loss for the year was (26.63 M) with profit before overhead, payroll, taxes, and interest of 60.77 M. | |
| About 23.0% of the company shares are held by company insiders | |
| Latest headline from insidermonkey.com: Ascent Industries Co. Q3 2024 Earnings Call Transcript |
- Analyzing Synalloy's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Synalloy's stock is overvalued or undervalued compared to its peers.
- Examining Synalloy's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Synalloy's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Synalloy's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Synalloy's stock. These opinions can provide insight into Synalloy's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Synalloy Stock Analysis
When running Synalloy's price analysis, check to measure Synalloy'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 Synalloy is operating at the current time. Most of Synalloy's value examination focuses on studying past and present price action to predict the probability of Synalloy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synalloy's price. Additionally, you may evaluate how the addition of Synalloy to your portfolios can decrease your overall portfolio volatility.