Synchronoss Technolo appears to be unstable, given 1 month investment horizon.
Synchronoss Technolo owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.1, which indicates the firm had 0.1% of return per unit of risk over the last month. Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock specific
technical indicators that cannot be
diversified away. By inspecting
Synchronoss Technolo technical indicators you can presently evaluate if the expected return of 0.6% is justified by implied risk. Please operate Synchronoss Technolo Risk Adjusted Performance of 0.0901,
coefficient of variation of 980.62, and Semi Deviation of 3.76 to confirm if our risk estimates are consistent with your expectations.
Typically, a company's
financial statements are the reports that show the
financial position of the company. There are three main documents that fall into the category of financial statements. These documents include Synchronoss Technologies income statement, its balance sheet, and the statement of cash flows. Potential Synchronoss Technologies investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Synchronoss Technologies investors may use each financial statement separately, they are all related. The changes in Synchronoss Technologies's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Synchronoss Technologies's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our
technical analysis and
fundamental analysis pages.
The goal of Synchronoss Technologies
fundamental analysis is to do accurate financial forecasts. There are several possible objectives to fundamental analysis, such as projecting of Synchronoss Technologies performance into the future periods or doing a reasonable stock valuation. The intrinsic value of Synchronoss Technologies shares is the value that is considered the true value of the share. If
the intrinsic value of Synchronoss is higher than its market price, buying is generally recommended. If it is equal to the market price, it is recommended to hold; and if it is less than the market price, then one should sell all shares Synchronoss Technologies. Please read more on our
fundamental analysis page.
How effective is Synchronoss Technologies in utilizing its assets?
Synchronoss Technologies reports assets on its Balance Sheet. It represents the amount of Synchronoss resources that either has an existing economic value or will provide some form of benefits in the future. By effectively utilizing its assets, Synchronoss Technologies aims to generate revenue, control costs, drive operational efficiency, and enhance profitability. Optimizing asset utilization helps maximize shareholder value and maintain a competitive position in the Application Software space. To get a better handle on how balance sheet or income statements item affect Synchronoss volatility, please check the breakdown of all its
fundamentals.
Are Synchronoss Technologies Earnings Expected to grow?
The
future earnings power of Synchronoss Technologies involves the interaction of many company-specific, industry, and economic forces. Earnings estimates embody investors' opinions of Synchronoss Technologies factors such as sales growth, product demand, competitive industry environment, profit margins, and cost controls. Synchronoss Technologies
stock prices adjust as these expectations change or are proven wrong. The main thing to remember is that equities with high expected earnings growth tend to underperform the market because it is usually difficult to meet the market's high expectations. Companies with low earnings expectations tend to do better than expected. Please use our latest analysis of Synchronoss
expected earnings.
Synchronoss Technologies Gross Profit
Synchronoss Technologies Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Synchronoss Technologies previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Synchronoss Technologies Gross Profit growth over the last 10 years. Please check Synchronoss Technologies'
gross profit and other
fundamental indicators for more details.
Is Synchronoss Technologies valued sensibly by the market?
Although in the United States, the Securities and Exchange Commission has enforced strong rules to prevent insiders from engaging in insider trading, finding insiders among active shareholders of Synchronoss Technolo is not uncomon. Many companies such as Synchronoss Technolo have both institutions investors and insiders sharing the ownership. Retail investors typically buy and sell stocks in round lots of 100 shares or more. Other other hand institutional investors are known to buy and sell in block trades of 10,000 shares or more. Let's take a look at how the ownership of Synchronoss is distributed among investors.
Ownership Allocation
Synchronoss Technolo maintains a total of 44.11 Million outstanding shares. Synchronoss Technolo maintains significant amount of outstanding shares owned by
insiders. An
insider is usually defined as a CEO, other corporate executive, director, or
institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently
losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
| Retail Investors31.72% | Insiders20.56% | Institutions47.72% |
| Retail Investors | 31.72 |
| Insiders | 20.56 |
| Institutions | 47.72 |
Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Synchronoss Technolo has an asset utilization ratio of 30.97 percent. This connotes that the company is making $0.31 for each dollar of assets. An increasing asset utilization means that Synchronoss Technolo is more efficient with each dollar of assets it utilizes for everyday operations.
| Assets Non Current777.1 M | Goodwill460.1 M | |
| Current Assets | 184.21 Million | 12.94 |
| Assets Non Current | 777.11 Million | 54.6 |
| Goodwill | 460.05 Million | 32.33 |
| Tax Assets | 1.77 Million | 0.12 |
Our take on Synchronoss Technolo small fall
Latest variance is at 31.72. Synchronoss Technolo shows above-average downside volatility for the selected time horizon. We advise investors to inspect Synchronoss Technolo further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Synchronoss Technolo future alpha. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Synchronoss Technolo's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Synchronoss Technolo's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.
Our Takeaway on Synchronoss Technolo Investment
While some other companies in the software—application industry are either recovering or due for a correction, Synchronoss Technolo may not be performing as strong as the other in terms of long-term growth potentials. To summarize, as of the 8th of March 2021, our research shows that Synchronoss Technolo is a rather unstable investment opportunity with a
below average probability of bankruptcy in the next two years. From a slightly different view, the entity currently appears to be
undervalued. Our ongoing 30 days 'Buy-vs-Sell' recommendation on the enterprise is
Strong Hold.
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Gabriel Shpitalnik is a Member of Macroaxis Editorial Board. Gabriel is a young entrepreneur and writes predominantly on the business, technology, and finance sector. He likes to analyze different equity instruments across a wide range of industries focusing primarily on consumer products and evolving technologies.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Gabriel Shpitalnik do not own shares of Synchronoss Technologies. Please refer to our
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