Synnex Stock Alpha and Beta Analysis
| SNX Stock | USD 120.97 2.15 1.81% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Synnex. It also helps investors analyze the systematic and unsystematic risks associated with investing in Synnex over a specified time horizon. Remember, high Synnex's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Synnex's market risk premium analysis include:
Beta 1.45 | Alpha (0.18) | Risk 1.59 | Sharpe Ratio (0.02) | Expected Return (0.03) |
Synnex Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Synnex |
Synnex Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Synnex market risk premium is the additional return an investor will receive from holding Synnex long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Synnex. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Synnex's performance over market.| α | -0.18 | β | 1.45 |
Synnex expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Synnex's Buy-and-hold return. Our buy-and-hold chart shows how Synnex performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Synnex Market Price Analysis
Market price analysis indicators help investors to evaluate how Synnex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Synnex shares will generate the highest return on investment. By understating and applying Synnex stock market price indicators, traders can identify Synnex position entry and exit signals to maximize returns.
Synnex Return and Market Media
The median price of Synnex for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 118.54 with a coefficient of variation of 3.06. The daily time series for the period is distributed with a sample standard deviation of 3.62, arithmetic mean of 118.05, and mean deviation of 2.88. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | Disposition of 117 shares by Merline Saintil of Synnex at 115.16 subject to Rule 16b-3 | 09/04/2024 |
2 | Disposition of 15689 shares by Dennis Polk of Synnex at 56.5 subject to Rule 16b-3 | 10/02/2024 |
3 | Disposition of 1712 shares by Dennis Polk of Synnex at 115.35 subject to Rule 16b-3 | 10/03/2024 |
4 | Disposition of 575 shares by Simon Leung of Synnex at 117.31 subject to Rule 16b-3 | 10/08/2024 |
5 | Disposition of 1937 shares by Ann Vezina of Synnex at 121.11 subject to Rule 16b-3 | 10/09/2024 |
6 | Hyve Solutions Announces New Orion Product Line Featuring NVIDIA HGX Platform at 2024 OCP Global Summit | 10/15/2024 |
7 | Disposition of 2029 shares by Richard Hume of Synnex at 121.07 subject to Rule 16b-3 | 10/16/2024 |
8 | TD SYNNEX da a conocer los resultados de su informe anual Direction of Technology Ecosystem | 10/24/2024 |
| Synnex dividend paid on 25th of October 2024 | 10/25/2024 |
9 | Disposition of 674 shares by Richard Hume of Synnex at 117.17 subject to Rule 16b-3 | 11/04/2024 |
10 | Synthetix One Day Trading Volume Tops 22.24 Million | 11/05/2024 |
11 | Disposition of 6249 shares by Simon Leung of Synnex at 123.17 subject to Rule 16b-3 | 11/06/2024 |
12 | TD SYNNEX Strengthens Digital Platform Leadership with Addition of Tanuj Raja | 11/07/2024 |
13 | Versor Investments LP Acquires 7,999 Shares of TD SYNNEX Co. | 11/11/2024 |
14 | TSX Penny Stocks To Watch In November 2024 | 11/14/2024 |
15 | AI, cloud, and automation opportunities drive Goldmans optimism on Ingram Micro stock | 11/18/2024 |
16 | TD SYNNEX Report Partners of the Future Embrace Collaboration, Advanced Solutions and Infrastructure in North America | 11/19/2024 |
17 | Hilton Capital Management LLC Sells 673 Shares of TD SYNNEX Co. | 11/20/2024 |
About Synnex Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Synnex or other stocks. Alpha measures the amount that position in Synnex has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | PTB Ratio | 1.21 | 1.12 | 1.0 | 0.61 | Dividend Yield | 0.0118 | 0.0143 | 0.0128 | 0.011 |
Synnex Upcoming Company Events
As portrayed in its financial statements, the presentation of Synnex's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Synnex's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Synnex's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Synnex. Please utilize our Beneish M Score to check the likelihood of Synnex's management manipulating its earnings.
| 26th of March 2024 Upcoming Quarterly Report | View | |
| 25th of June 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 14th of January 2025 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 30th of November 2023 Last Financial Announcement | View |
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Additional Tools for Synnex Stock Analysis
When running Synnex's price analysis, check to measure Synnex'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 Synnex is operating at the current time. Most of Synnex's value examination focuses on studying past and present price action to predict the probability of Synnex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synnex's price. Additionally, you may evaluate how the addition of Synnex to your portfolios can decrease your overall portfolio volatility.