Synovus Financial Corp Stock Market Value
SNV Stock | USD 36.63 0.13 0.35% |
Symbol | Synovus |
Synovus Financial Corp Price To Book Ratio
Is Synovus Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Synovus Financial. If investors know Synovus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Synovus Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.70) | Dividend Share 1.52 | Earnings Share 3.46 | Revenue Per Share 13.922 | Quarterly Revenue Growth (0.22) |
The market value of Synovus Financial Corp is measured differently than its book value, which is the value of Synovus that is recorded on the company's balance sheet. Investors also form their own opinion of Synovus Financial's value that differs from its market value or its book value, called intrinsic value, which is Synovus Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Synovus Financial's market value can be influenced by many factors that don't directly affect Synovus Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Synovus Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Synovus Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synovus Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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.
01/18/2024 |
| 04/17/2024 |
If you would invest 0.00 in Synovus Financial on January 18, 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 90 days. Synovus Financial is related to or competes with Home Bancorp, and Northfield Bancorp. Synovus Financial Corp. operates as the bank holding company for Synovus Bank that provides commercial and retail bankin... 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 | 1.97 | |||
Information Ratio | (0.01) | |||
Maximum Drawdown | 9.79 | |||
Value At Risk | (4.39) | |||
Potential Upside | 3.06 |
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 | 0.0185 | |||
Jensen Alpha | (0.05) | |||
Total Risk Alpha | (0.12) | |||
Sortino Ratio | (0.01) | |||
Treynor Ratio | 0.0164 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Synovus Financial's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Synovus Financial Corp Backtested Returns
We consider Synovus Financial very steady. Synovus Financial Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.016, which indicates the firm had a 0.016% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Synovus Financial Corp, which you can use to evaluate the volatility of the company. Please validate Synovus Financial's Coefficient Of Variation of 5374.7, semi deviation of 1.9, and Risk Adjusted Performance of 0.0185 to confirm if the risk estimate we provide is consistent with the expected return of 0.0299%. Synovus Financial has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 1.58, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Synovus Financial will likely underperform. Synovus Financial Corp right now has a risk of 1.86%. Please validate Synovus Financial potential upside, as well as the relationship between the accumulation distribution and price action indicator , to decide if Synovus Financial will be following its existing price patterns.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Synovus Financial Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Synovus Financial time series from 18th of January 2024 to 3rd of March 2024 and 3rd of March 2024 to 17th of April 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 -0.16 indicates that over 16.0% of current Synovus Financial price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.16 | |
Spearman Rank Test | -0.06 | |
Residual Average | 0.0 | |
Price Variance | 0.94 |
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 |
Timeline |
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 |
Synovus Financial Investors Sentiment
The influence of Synovus Financial's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Synovus. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Synovus Financial's public news can be used to forecast risks associated with an investment in Synovus. The trend in average sentiment can be used to explain how an investor holding Synovus can time the market purely based on public headlines and social activities around Synovus Financial Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Synovus Financial's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Synovus Financial's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Synovus Financial's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Synovus Financial.
Synovus Financial Implied Volatility | 69.57 |
Synovus Financial's implied volatility exposes the market's sentiment of Synovus Financial Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Synovus Financial's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Synovus Financial stock will not fluctuate a lot when Synovus Financial's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Synovus Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Synovus Financial's short interest history, or implied volatility extrapolated from Synovus Financial options trading.
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Check out Synovus Financial Correlation, Synovus Financial Volatility and Synovus Financial Alpha and Beta module to complement your research on Synovus Financial. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
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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.
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Synovus Financial 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.