Synchronoss Technologies Stock Return On Equity

SNCR Stock  USD 10.00  0.25  2.44%   
Synchronoss Technologies fundamentals help investors to digest information that contributes to Synchronoss Technologies' financial success or failures. It also enables traders to predict the movement of Synchronoss Stock. The fundamental analysis module provides a way to measure Synchronoss Technologies' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Synchronoss Technologies stock.
Last ReportedProjected for Next Year
Return On Equity(0.64)(0.61)
As of 12/11/2024, Return On Equity is likely to grow to -0.61.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Synchronoss Technologies Company Return On Equity Analysis

Synchronoss Technologies' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Synchronoss Technologies Return On Equity

    
  -0.14  
Most of Synchronoss Technologies' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Synchronoss Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Synchronoss Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Synchronoss Technologies is extremely important. It helps to project a fair market value of Synchronoss Stock properly, considering its historical fundamentals such as Return On Equity. Since Synchronoss Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Synchronoss Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Synchronoss Technologies' interrelated accounts and indicators.
0.890.850.460.160.540.510.760.870.350.91-0.610.560.220.850.660.910.250.590.590.70.540.530.30.30.31
0.890.560.32-0.250.780.380.50.940.560.89-0.40.540.180.910.390.950.470.370.230.580.450.420.540.550.52
0.850.560.620.50.160.580.870.580.00.72-0.690.520.330.560.790.65-0.050.660.810.660.530.6-0.02-0.040.02
0.460.320.620.02-0.020.530.330.18-0.310.36-0.540.580.340.080.530.370.010.080.480.240.260.7-0.2-0.210.37
0.16-0.250.50.02-0.550.110.53-0.09-0.34-0.07-0.47-0.20.21-0.090.6-0.07-0.550.510.730.210.06-0.04-0.52-0.56-0.71
0.540.780.16-0.02-0.550.170.060.710.650.710.20.39-0.120.75-0.220.70.690.0-0.310.410.430.390.910.910.54
0.510.380.580.530.110.170.580.330.070.51-0.50.20.110.440.370.380.190.60.490.530.540.540.240.250.19
0.760.50.870.330.530.060.580.620.180.65-0.630.210.260.620.760.540.00.920.810.60.410.23-0.07-0.07-0.02
0.870.940.580.18-0.090.710.330.620.640.87-0.360.330.240.910.430.920.50.530.270.580.40.240.490.480.39
0.350.560.0-0.31-0.340.650.070.180.640.590.240.03-0.090.59-0.230.410.540.21-0.30.04-0.01-0.030.60.60.27
0.910.890.720.36-0.070.710.510.650.870.59-0.340.620.070.880.350.830.440.480.330.540.450.590.520.520.37
-0.61-0.4-0.69-0.54-0.470.2-0.5-0.63-0.360.24-0.34-0.3-0.47-0.32-0.9-0.470.3-0.54-0.82-0.46-0.27-0.240.340.350.11
0.560.540.520.58-0.20.390.20.210.330.030.62-0.30.110.390.240.430.02-0.080.20.180.220.730.180.180.34
0.220.180.330.340.21-0.120.110.260.24-0.090.07-0.470.110.040.490.26-0.220.140.190.10.030.02-0.21-0.33-0.17
0.850.910.560.08-0.090.750.440.620.910.590.88-0.320.390.040.360.850.450.580.30.620.460.30.60.60.35
0.660.390.790.530.6-0.220.370.760.43-0.230.35-0.90.240.490.360.52-0.310.620.90.490.260.19-0.43-0.44-0.08
0.910.950.650.37-0.070.70.380.540.920.410.83-0.470.430.260.850.520.390.40.340.70.560.430.470.460.44
0.250.47-0.050.01-0.550.690.190.00.50.540.440.30.02-0.220.45-0.310.390.07-0.30.250.270.060.670.680.45
0.590.370.660.080.510.00.60.920.530.210.48-0.54-0.080.140.580.620.40.070.720.610.42-0.03-0.02-0.01-0.09
0.590.230.810.480.73-0.310.490.810.27-0.30.33-0.820.20.190.30.90.34-0.30.720.510.330.25-0.44-0.42-0.21
0.70.580.660.240.210.410.530.60.580.040.54-0.460.180.10.620.490.70.250.610.510.940.320.380.380.16
0.540.450.530.260.060.430.540.410.4-0.010.45-0.270.220.030.460.260.560.270.420.330.940.420.470.470.2
0.530.420.60.7-0.040.390.540.230.24-0.030.59-0.240.730.020.30.190.430.06-0.030.250.320.420.320.310.28
0.30.54-0.02-0.2-0.520.910.24-0.070.490.60.520.340.18-0.210.6-0.430.470.67-0.02-0.440.380.470.320.990.34
0.30.55-0.04-0.21-0.560.910.25-0.070.480.60.520.350.18-0.330.6-0.440.460.68-0.01-0.420.380.470.310.990.41
0.310.520.020.37-0.710.540.19-0.020.390.270.370.110.34-0.170.35-0.080.440.45-0.09-0.210.160.20.280.340.41
Click cells to compare fundamentals
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Synchronoss Total Stockholder Equity

Total Stockholder Equity

81.16 Million

At this time, Synchronoss Technologies' Total Stockholder Equity is relatively stable compared to the past year.
Based on the latest financial disclosure, Synchronoss Technologies has a Return On Equity of -0.1401. This is 98.84% lower than that of the Software sector and significantly lower than that of the Information Technology industry. The return on equity for all United States stocks is 54.81% lower than that of the firm.

Synchronoss Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Synchronoss Technologies' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Synchronoss Technologies could also be used in its relative valuation, which is a method of valuing Synchronoss Technologies by comparing valuation metrics of similar companies.
Synchronoss Technologies is currently under evaluation in return on equity category among its peers.

Synchronoss Technologies ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Synchronoss Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Synchronoss Technologies' managers, analysts, and investors.
Environmental
Governance
Social

Synchronoss Fundamentals

About Synchronoss Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Synchronoss Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Synchronoss Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Synchronoss Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Pair Trading with Synchronoss Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Synchronoss Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Synchronoss Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against Synchronoss Stock

  0.87NN Nextnav Acquisition CorpPairCorr
  0.84ZS ZscalerPairCorr
  0.79FIVN Five9 IncPairCorr
  0.78S SentinelOnePairCorr
  0.78FLYW Flywire CorpPairCorr
The ability to find closely correlated positions to Synchronoss Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Synchronoss Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Synchronoss Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Synchronoss Technologies to buy it.
The correlation of Synchronoss Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Synchronoss Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Synchronoss Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Synchronoss Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Synchronoss Stock Analysis

When running Synchronoss Technologies' price analysis, check to measure Synchronoss Technologies' 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 Synchronoss Technologies is operating at the current time. Most of Synchronoss Technologies' value examination focuses on studying past and present price action to predict the probability of Synchronoss Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synchronoss Technologies' price. Additionally, you may evaluate how the addition of Synchronoss Technologies to your portfolios can decrease your overall portfolio volatility.