Synovus Financial Corp Stock Alpha and Beta Analysis
| SNV Stock | USD 36.49 0.36 0.98% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Synovus Financial Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Synovus Financial over a specified time horizon. Remember, high Synovus Financial'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 Synovus Financial's market risk premium analysis include:
Beta 1.63 | Alpha (0.17) | Risk 2.05 | Sharpe Ratio (0.01) | Expected Return (0.01) |
Enterprise Value |
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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.
Synovus |
Synovus Financial Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Synovus Financial market risk premium is the additional return an investor will receive from holding Synovus Financial 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 Synovus Financial. 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 Synovus Financial's performance over market.| α | -0.17 | β | 1.63 |
Synovus Financial 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 Synovus Financial's Buy-and-hold return. Our buy-and-hold chart shows how Synovus Financial performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Synovus Financial Market Price Analysis
Market price analysis 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 understating and applying Synovus Financial stock market price indicators, traders can identify Synovus Financial position entry and exit signals to maximize returns.
Synovus Financial Return and Market Media
The median price of Synovus Financial for the period between Wed, Jan 31, 2024 and Tue, Apr 30, 2024 is 37.48 with a coefficient of variation of 3.86. The daily time series for the period is distributed with a sample standard deviation of 1.44, arithmetic mean of 37.41, and mean deviation of 1.2. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Ranger Investment Management L.P. Sells 9,306 Shares of Endava plc | 03/06/2024 |
2 | Stocks To Watch Synovus Financial Sees Relative Strength Rating Rise To 83 | 03/12/2024 |
3 | Acquisition by Shellie Creson of 7925 shares of Synovus Financial subject to Rule 16b-3 | 03/25/2024 |
4 | Disposition of 1223 shares by Robert Derrick of Synovus Financial at 36.72 subject to Rule 16b-3 | 03/28/2024 |
| Synovus Financial dividend paid on 1st of April 2024 | 04/01/2024 |
5 | Synovus Launches Future-Proof B2B Payments Solution | 04/03/2024 |
6 | 04/16/2024 |
7 | Synovus earnings missed by 0.20, revenue fell short of estimates | 04/17/2024 |
8 | Synovus stock gaps down as Q1 earnings miss fuels analyst downgrade | 04/18/2024 |
9 | Q1 2024 Synovus Financial Corp Earnings Call Transcript | 04/19/2024 |
10 | Acquisition by Tim Bentsen of 2988 shares of Synovus Financial at 36.82 subject to Rule 16b-3 | 04/24/2024 |
About Synovus Financial 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 Synovus or other stocks. Alpha measures the amount that position in Synovus Financial Corp 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) | Dividend Yield | 0.0324 | 0.042 | 0.0458 | 0.0483 | Price To Sales Ratio | 3.55 | 2.47 | 2.71 | 1.72 |
Synovus Financial Upcoming Company Events
As portrayed in its financial statements, the presentation of Synovus Financial's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Synovus Financial's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Synovus Financial's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Synovus Financial. Please utilize our Beneish M Score to check the likelihood of Synovus Financial's management manipulating its earnings.
| 17th of April 2024 Upcoming Quarterly Report | View | |
| 17th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 15th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Build Portfolio with Synovus Financial
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Synovus Financial Backtesting, Synovus Financial Valuation, Synovus Financial Correlation, Synovus Financial Hype Analysis, Synovus Financial Volatility, Synovus Financial History and analyze Synovus Financial Performance. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Synovus Stock analysis
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.