Synopsys Stock Price on April 11, 2024
| SNPS Stock | USD 544.76 1.10 0.20% |
Below is the normalized historical share price chart for Synopsys extending back to February 26, 1992. 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 Synopsys stands at 544.76, as last reported on the 30th of April, with the highest price reaching 548.83 and the lowest price hitting 540.53 during the day.
If you're considering investing in Synopsys Stock, it is important to understand the factors that can impact its price. We consider Synopsys very steady. Synopsys owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0269, which indicates the firm had a 0.0269% return per unit of risk over the last 3 months. We have found thirty technical indicators for Synopsys, which you can use to evaluate the volatility of the company. Please validate Synopsys' Risk Adjusted Performance of 0.0203, semi deviation of 1.74, and Coefficient Of Variation of 4733.42 to confirm if the risk estimate we provide is consistent with the expected return of 0.0537%.
At this time, Synopsys' Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 12.5 B in 2024, despite the fact that Other Stockholder Equity is likely to grow to (436.5 M). . At this time, Synopsys' Price To Sales Ratio is comparatively stable compared to the past year. Price Book Value Ratio is likely to gain to 14.03 in 2024, whereas Price Earnings Ratio is likely to drop 41.69 in 2024. Synopsys Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of February 1992 | 200 Day MA 509.5342 | 50 Day MA 563.4524 | Beta 1.055 |
Synopsys |
Sharpe Ratio = 0.0269
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| Cash | Small Risk | SNPS | High Risk | Huge Risk |
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Estimated Market Risk
| 2.0 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average Synopsys is performing at about 2% 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 Synopsys by adding it to a well-diversified portfolio.
Price Book 12.7404 | Enterprise Value Ebitda 48.426 | Price Sales 13.8637 | Shares Float 151.4 M | Wall Street Target Price 642.05 |
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Synopsys Valuation on April 11, 2024
It is possible to determine the worth of Synopsys on a given historical date. On April 11, 2024 Synopsys was worth 560.46 at the beginning of the trading date compared to the closed value of 561.97. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Synopsys stock. Still, in general, we apply an absolute valuation method to find Synopsys' 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 Synopsys where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Synopsys' related companies.
| Open | High | Low | Close | Volume | |
| 559.69 | 564.00 | 557.40 | 561.23 | 779,995 | |
04/11/2024 | 560.46 | 563.73 | 554.38 | 561.97 | 914,463 |
| 553.27 | 560.52 | 550.19 | 557.16 | 810,870 |
| Backtest Synopsys | | | Synopsys History | | | Synopsys Valuation | Previous | Next |
Synopsys Trading Date Momentum on April 11, 2024
| On April 12 2024 Synopsys was traded for 557.16 at the closing time. The top price for the day was 560.52 and the lowest listed price was 550.19 . The trading volume for the day was 810.9 K. The trading history from April 12, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.86% . The trading price change against the current closing price is 8.70% . |
Synopsys Fundamentals Correlations and Trends
By evaluating Synopsys' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Synopsys' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Synopsys financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Synopsys Stock history
Synopsys 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 Synopsys is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Synopsys 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 Synopsys stock prices may prove useful in developing a viable investing in Synopsys
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 178.5 M | 146 M | |
| Net Income Applicable To Common Shares | 1.1 B | 1.2 B |
Synopsys Stock Technical Analysis
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.
Price Boundaries
Synopsys Period Price Range
Low | April 11, 2024
| High |
560.46 | 561.97 |
Synopsys April 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Synopsys stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Synopsys shares will generate the highest return on investment. By undertsting and applying Synopsys stock market strength indicators, traders can identify Synopsys entry and exit signals to maximize returns
| Accumulation Distribution | 15167.24 | |||
| Daily Balance Of Power | 0.1615 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 559.06 | |||
| Day Typical Price | 560.03 | |||
| Price Action Indicator | 3.67 | |||
| Period Momentum Indicator | (17.21) | |||
| Relative Strength Index | 33.85 |
Synopsys Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Synopsys' price direction in advance. Along with the technical and fundamental analysis of Synopsys Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Synopsys 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 | 0.0203 | |||
| Jensen Alpha | 0.0278 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.3927 |
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| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Synopsys. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For more information on how to buy Synopsys Stock please use our How to Invest in Synopsys guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
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.
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Is Synopsys' 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 Synopsys. If investors know Synopsys 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 Synopsys 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 0.651 | Earnings Share 9.04 | Revenue Per Share 40.3 | Quarterly Revenue Growth 0.211 | Return On Assets 0.0875 |
The market value of Synopsys is measured differently than its book value, which is the value of Synopsys that is recorded on the company's balance sheet. Investors also form their own opinion of Synopsys' value that differs from its market value or its book value, called intrinsic value, which is Synopsys' 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 Synopsys' market value can be influenced by many factors that don't directly affect Synopsys' 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 Synopsys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Synopsys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synopsys' 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.