Synnex Stock Price on January 2, 2025
| SNX Stock | USD 123.23 4.93 4.17% |
If you're considering investing in Synnex Stock, it is important to understand the factors that can impact its price. As of today, the current price of Synnex stands at 123.23, as last reported on the 8th of January, with the highest price reaching 123.25 and the lowest price hitting 119.51 during the day. At this stage we consider Synnex Stock to be very steady. Synnex owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0408, which indicates the firm had a 0.0408% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Synnex, which you can use to evaluate the volatility of the company. Please validate Synnex's Coefficient Of Variation of 2449.61, risk adjusted performance of 0.0379, and Semi Deviation of 1.64 to confirm if the risk estimate we provide is consistent with the expected return of 0.0662%.
Synnex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Synnex |
Sharpe Ratio = 0.0408
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | SNX | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 1.62 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.07 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 3 97% of assets perform better |
Based on monthly moving average Synnex is performing at about 3% 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 Synnex by adding it to a well-diversified portfolio.
Synnex Valuation on January 2, 2025
It is possible to determine the worth of Synnex on a given historical date. On January 2, 2025 Synnex was worth 118.26 at the beginning of the trading date compared to the closed value of 116.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Synnex stock. Still, in general, we apply an absolute valuation method to find Synnex's 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 Synnex where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Synnex's related companies.
| Open | High | Low | Close | Volume | |
| 116.71 | 117.64 | 116.60 | 117.28 | 433,311 | |
01/02/2025 | 118.26 | 118.57 | 116.23 | 116.48 | 379,027 |
| 116.79 | 118.28 | 116.12 | 117.93 | 529,095 |
| Backtest Synnex | | | Synnex History | | | Synnex Valuation | Previous | Next |
Synnex Trading Date Momentum on January 2, 2025
| On January 03 2025 Synnex was traded for 117.93 at the closing time. Highest Synnex's price during the trading hours was 118.28 and the lowest price during the day was 116.12 . The net volume was 529.1 K. The overall trading history on the 3rd of January contributed to the next trading period price jump. The trading price change to the next next day price was 1.24% . The trading price change to current price is 3.08% . |
Synnex Fundamentals Correlations and Trends
By evaluating Synnex's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Synnex's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Synnex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Synnex Stock history
Synnex 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 Synnex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Synnex 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 Synnex stock prices may prove useful in developing a viable investing in Synnex
TD SYNNEX Corporation provides business process services in the United States and internationally. TD SYNNEX Corporation was incorporated in 1980 and is headquartered in Fremont, California. Synnex Corp operates under Electronics Computer Distribution classification in the United States and is traded on New York Stock Exchange. It employs 22000 people.
Synnex Stock Technical Analysis
Synnex 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
Synnex Period Price Range
Low | January 8, 2025
| High |
0.00 | 0.00 |
Synnex cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Synnex January 8, 2025 Market Strength
Market strength indicators help investors to evaluate how Synnex stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Synnex shares will generate the highest return on investment. By undertsting and applying Synnex stock market strength indicators, traders can identify Synnex entry and exit signals to maximize returns
Synnex Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Synnex's price direction in advance. Along with the technical and fundamental analysis of Synnex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Synnex 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 | 0.0379 | |||
| Jensen Alpha | 0.0566 | |||
| Total Risk Alpha | 0.0573 | |||
| Sortino Ratio | 0.0337 | |||
| Treynor Ratio | 0.087 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Synnex Stock Analysis
When running Synnex's price analysis, check to measure Synnex'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 Synnex is operating at the current time. Most of Synnex's value examination focuses on studying past and present price action to predict the probability of Synnex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synnex's price. Additionally, you may evaluate how the addition of Synnex to your portfolios can decrease your overall portfolio volatility.