Synovus Financial Corp Stock Market Value
| SNV Stock | USD 36.82 0.19 0.52% |
| 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 (0.41) | Dividend Share 1.52 | Earnings Share 3.46 | 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.
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.
| 10/27/2023 |
| 04/24/2024 |
If you would invest 0.00 in Synovus Financial on October 27, 2023 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 180 days. Synovus Financial is related to or competes with Huntington Bancshares, Fifth Third, MT Bank, Citizens Financial, First Horizon, Renasant, and Pinnacle Financial. 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.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 11.64 | |||
| Value At Risk | (4.40) | |||
| Potential Upside | 2.98 |
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 | 0.006 | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.30) | |||
| Treynor Ratio | (0.01) |
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
Synovus Financial Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.024, which indicates the firm had a -0.024% return per unit of risk over the last 3 months. Synovus Financial Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Synovus Financial's Risk Adjusted Performance of 0.006, variance of 4.39, and Coefficient Of Variation of (60,070) to confirm the risk estimate we provide. The entity has a beta of 1.63, 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 has an expected return of -0.0509%. Please make sure to validate Synovus Financial treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Synovus Financial Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.34 |
Below average predictability
Synovus Financial Corp has below average predictability. Overlapping area represents the amount of predictability between Synovus Financial time series from 27th of October 2023 to 25th of January 2024 and 25th of January 2024 to 24th 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 0.34 indicates that nearly 34.0% of current Synovus Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 2.18 |
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 |
Currently Active Assets on Macroaxis
When determining whether Synovus Financial Corp is a strong investment it is important to analyze Synovus Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Synovus Financial's future performance. For an informed investment choice regarding Synovus Stock, refer to the following important reports: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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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.