Synopsys (Germany) Technical Analysis
SYP Stock | EUR 512.70 12.20 2.44% |
As of the 18th of January 2025, Synopsys has the Risk Adjusted Performance of 0.0402, semi deviation of 2.75, and Coefficient Of Variation of 2506.08. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Synopsys, as well as the relationship between them. Please validate Synopsys jensen alpha, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance to decide if Synopsys is priced more or less accurately, providing market reflects its prevalent price of 512.7 per share.
Synopsys Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Synopsys, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SynopsysSynopsys |
Synopsys 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.
Synopsys Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Synopsys volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Synopsys Trend Analysis
Use this graph to draw trend lines for Synopsys. You can use it to identify possible trend reversals for Synopsys as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Synopsys price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Synopsys Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Synopsys applied against its price change over selected period. The best fit line has a slop of 0.08 , which may suggest that Synopsys market price will keep on failing further. It has 122 observation points and a regression sum of squares at 230.09, which is the sum of squared deviations for the predicted Synopsys price change compared to its average price change.About Synopsys Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Synopsys on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Synopsys based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Synopsys price pattern first instead of the macroeconomic environment surrounding Synopsys. By analyzing Synopsys's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Synopsys's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Synopsys specific price patterns or momentum indicators. Please read more on our technical analysis page.
Synopsys January 18, 2025 Technical Indicators
Most technical analysis of Synopsys help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Synopsys from various momentum indicators to cycle indicators. When you analyze Synopsys charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0402 | |||
Market Risk Adjusted Performance | 0.2664 | |||
Mean Deviation | 1.71 | |||
Semi Deviation | 2.75 | |||
Downside Deviation | 2.81 | |||
Coefficient Of Variation | 2506.08 | |||
Standard Deviation | 2.68 | |||
Variance | 7.16 | |||
Information Ratio | 0.0288 | |||
Jensen Alpha | 0.0893 | |||
Total Risk Alpha | 0.0337 | |||
Sortino Ratio | 0.0274 | |||
Treynor Ratio | 0.2564 | |||
Maximum Drawdown | 21.08 | |||
Value At Risk | (2.70) | |||
Potential Upside | 3.8 | |||
Downside Variance | 7.91 | |||
Semi Variance | 7.57 | |||
Expected Short fall | (1.99) | |||
Skewness | (1.71) | |||
Kurtosis | 10.49 |
Complementary Tools for Synopsys Stock analysis
When running Synopsys' price analysis, check to measure Synopsys' 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 Synopsys is operating at the current time. Most of Synopsys' value examination focuses on studying past and present price action to predict the probability of Synopsys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synopsys' price. Additionally, you may evaluate how the addition of Synopsys to your portfolios can decrease your overall portfolio volatility.
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |