Synovus Financial Corp Stock Price on May 10, 2024
| SNV Stock | USD 39.24 0.37 0.95% |
Below is the normalized historical share price chart for Synovus Financial Corp extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Synovus Financial stands at 39.24, as last reported on the 27th of May, with the highest price reaching 39.25 and the lowest price hitting 38.91 during the day.
If you're considering investing in Synovus Stock, it is important to understand the factors that can impact its price. We consider Synovus Financial very steady. Synovus Financial Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0543, which indicates the firm had a 0.0543% return per unit of risk over the last 3 months. We have found thirty 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 1634.99, semi deviation of 1.87, and Risk Adjusted Performance of 0.0425 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%.
At this time, Synovus Financial's Liabilities And Stockholders Equity is fairly stable compared to the past year. Other Stockholder Equity is likely to climb to about 3.2 B in 2024, whereas Total Stockholder Equity is likely to drop slightly above 2.8 B in 2024. . At this time, Synovus Financial's Price Book Value Ratio is fairly stable compared to the past year. Price To Free Cash Flows Ratio is likely to climb to 6.38 in 2024, whereas Price Earnings Ratio is likely to drop 7.10 in 2024. Synovus Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of January 1990 | 200 Day MA 34.1157 | 50 Day MA 38.1248 | Beta 1.43 |
Synovus |
Sharpe Ratio = 0.0543
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Estimated Market Risk
| 1.88 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.1 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Synovus Financial is performing at about 4% 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 Synovus Financial by adding it to a well-diversified portfolio.
Price Book 1.1767 | Price Sales 2.6508 | Shares Float 144.4 M | Dividend Share 1.52 | Wall Street Target Price 41.73 |
Synovus Financial Main Headline on 10th of May 2024
Earnings call Archer Aviation soars in Q1 with key milestone... by investing.com
Earnings call Archer Aviation soars in Q1 with key milestones
Synovus Financial Valuation on May 10, 2024
It is possible to determine the worth of Synovus Financial on a given historical date. On May 10, 2024 Synovus was worth 39.82 at the beginning of the trading date compared to the closed value of 39.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Synovus Financial stock. Still, in general, we apply an absolute valuation method to find Synovus Financial's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Synovus Financial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Synovus Financial's related companies.
| Open | High | Low | Close | Volume | |
| 39.10 | 39.67 | 38.93 | 39.61 | 1,374,362 | |
05/10/2024 | 39.82 | 39.82 | 39.28 | 39.70 | 847,375 |
| 40.00 | 40.06 | 39.52 | 39.52 | 1,066,584 |
| Backtest Synovus Financial | | | Synovus Financial History | | | Synovus Financial Valuation | Previous | Next |
Synovus Financial Trading Date Momentum on May 10, 2024
| On May 13 2024 Synovus Financial Corp was traded for 39.52 at the closing time. Highest Synovus Financial's price during the trading hours was 40.06 and the lowest price during the day was 39.52 . The net volume was 1.1 M. The overall trading history on the 13th of May 2024 contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.45% . The trading price change to current price is 1.16% . |
Synovus Financial Corp Fundamentals Correlations and Trends
By evaluating Synovus Financial's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Synovus Financial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Synovus financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Synovus Financial Stock history
Synovus Financial investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Synovus is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Synovus Financial Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Synovus Financial stock prices may prove useful in developing a viable investing in Synovus Financial
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 146.7 M | 77.9 M | |
| Net Income Applicable To Common Shares | 833.4 M | 875.1 M |
Synovus Financial Stock Technical Analysis
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.
Price Boundaries
Synovus Financial Period Price Range
Low | May 10, 2024
| High |
39.82 | 39.70 |
Synovus Financial May 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Synovus Financial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Synovus Financial shares will generate the highest return on investment. By undertsting and applying Synovus Financial stock market strength indicators, traders can identify Synovus Financial Corp entry and exit signals to maximize returns
Synovus Financial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Synovus Financial's price direction in advance. Along with the technical and fundamental analysis of Synovus Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Synovus to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0425 | |||
| Jensen Alpha | 0.0362 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0322 | |||
| Treynor Ratio | 0.0586 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synovus Financial Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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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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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 (0.41) | Dividend Share 1.52 | Earnings Share 2.92 | Revenue Per Share 13.238 | Quarterly Revenue Growth (0.17) |
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.