Syntec Optics Holdings Stock Performance
| OPTXW Stock | 0.1 0.0001 0.10% |
The entity has a beta of -3.14, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Syntec Optics are expected to decrease by larger amounts. On the other hand, during market turmoil, Syntec Optics is expected to outperform it. At this point, Syntec Optics Holdings has a negative expected return of -0.39%. Please make sure to validate Syntec Optics' semi variance, day median price, and the relationship between the value at risk and kurtosis , to decide if Syntec Optics Holdings performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Syntec Optics Holdings has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of uncertain performance in the last few months, the Stock's basic indicators remain fairly stable which may send shares a bit higher in July 2024. The latest fuss may also be a sign of long-term up-swing for the venture sophisticated investors. ...more
1 | Syntec Optics Holdings Is Looking To Continue Growing Its Returns On Capital - Simply Wall St | 03/05/2024 |
2 | Syntec Optics Trading Down 4.6 percent - Defense World | 04/17/2024 |
3 | Syntec Optics Announces Dean Rudy as New Chief Financial Officer - Yahoo Canada Finance | 06/10/2024 |
| Begin Period Cash Flow | 526.2 K |
Syntec |
Syntec Optics Relative Risk vs. Return Landscape
If you would invest 15.00 in Syntec Optics Holdings on March 17, 2024 and sell it today you would lose (5.01) from holding Syntec Optics Holdings or give up 33.4% of portfolio value over 90 days. Syntec Optics Holdings is currently producing negative expected returns and takes up 8.7493% volatility of returns over 90 trading days. Put another way, 77% of traded stocks are less volatile than Syntec, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Syntec Optics Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Syntec Optics' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Syntec Optics Holdings, and traders can use it to determine the average amount a Syntec Optics' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0443
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| Negative Returns | OPTXW |
Estimated Market Risk
| 8.75 actual daily | 77 77% of assets are less volatile |
Expected Return
| -0.39 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Syntec Optics is not performing at its full potential. However, 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 Syntec Optics by adding Syntec Optics to a well-diversified portfolio.
Syntec Optics Fundamentals Growth
Syntec Stock prices reflect investors' perceptions of the future prospects and financial health of Syntec Optics, and Syntec Optics fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Syntec Stock performance.
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.1 % | ||||
| Revenue | 29.44 M | ||||
| EBITDA | 3.58 M | ||||
| Net Income | 1.98 M | ||||
| Total Debt | 6.9 M | ||||
| Cash Flow From Operations | 2.79 M | ||||
| Total Asset | 26.55 M | ||||
| Retained Earnings | 11.13 M | ||||
About Syntec Optics Performance
To evaluate Syntec Optics Holdings Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Syntec Optics generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Syntec Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Syntec Optics Holdings market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Syntec's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.Syntec Optics is entity of United States. It is traded as Stock on NASDAQ exchange.Things to note about Syntec Optics Holdings performance evaluation
Checking the ongoing alerts about Syntec Optics for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Syntec Optics Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Syntec Optics generated a negative expected return over the last 90 days | |
| Syntec Optics has high historical volatility and very poor performance | |
| Syntec Optics has some characteristics of a very speculative penny stock | |
| Syntec Optics Holdings was previously known as OmniLit Acquisition Corp and was traded on NASDAQ Exchange under the symbol OLITW. | |
| Syntec Optics has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Syntec Optics Announces Dean Rudy as New Chief Financial Officer - Yahoo Canada Finance |
- Analyzing Syntec Optics' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Syntec Optics' stock is overvalued or undervalued compared to its peers.
- Examining Syntec Optics' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Syntec Optics' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Syntec Optics' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Syntec Optics' stock. These opinions can provide insight into Syntec Optics' potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Syntec Stock Analysis
When running Syntec Optics' price analysis, check to measure Syntec Optics' 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 Syntec Optics is operating at the current time. Most of Syntec Optics' value examination focuses on studying past and present price action to predict the probability of Syntec Optics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Syntec Optics' price. Additionally, you may evaluate how the addition of Syntec Optics to your portfolios can decrease your overall portfolio volatility.