Synlogic Stock Market Value
| SYBX Stock | USD 1.41 0.01 0.71% |
| Symbol | Synlogic |
Synlogic Price To Book Ratio
Is Biotechnology space 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 Synlogic. If investors know Synlogic 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 Synlogic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.50) | Revenue Per Share 0.309 | Quarterly Revenue Growth (0.95) | Return On Assets (0.46) | Return On Equity (1.59) |
The market value of Synlogic is measured differently than its book value, which is the value of Synlogic that is recorded on the company's balance sheet. Investors also form their own opinion of Synlogic's value that differs from its market value or its book value, called intrinsic value, which is Synlogic'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 Synlogic's market value can be influenced by many factors that don't directly affect Synlogic'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 Synlogic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Synlogic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Synlogic'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.
Synlogic '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 Synlogic'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 Synlogic.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Synlogic on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Synlogic or generate 0.0% return on investment in Synlogic over 180 days. Synlogic is related to or competes with Ikena Oncology, Eliem Therapeutics, HCW Biologics, Tempest Therapeutics, Scpharmaceuticals, Milestone Pharmaceuticals, and Seres Therapeutics. Synlogic, Inc., a clinical-stage biopharmaceutical company, engages in the discovery and development of synthetic biotic... More
Synlogic 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 Synlogic'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 Synlogic upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 22.21 | |||
| Value At Risk | (2.80) | |||
| Potential Upside | 4.32 |
Synlogic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Synlogic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Synlogic's standard deviation. In reality, there are many statistical measures that can use Synlogic historical prices to predict the future Synlogic's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | 1.9 |
Synlogic Backtested Returns
Synlogic owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0103, which indicates the firm had a -0.0103% return per unit of risk over the last 3 months. Synlogic exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Synlogic's insignificant Risk Adjusted Performance, coefficient of variation of (7,412), and Variance of 9.05 to confirm the risk estimate we provide. The entity has a beta of -0.0266, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Synlogic are expected to decrease at a much lower rate. During the bear market, Synlogic is likely to outperform the market. At this point, Synlogic has a negative expected return of -0.0314%. Please make sure to validate Synlogic's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Synlogic performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Synlogic has insignificant reverse predictability. Overlapping area represents the amount of predictability between Synlogic time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th of November 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 Synlogic price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Synlogic price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Synlogic lagged returns against current returns
Autocorrelation, which is Synlogic 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 Synlogic's stock expected returns. We can calculate the autocorrelation of Synlogic returns to help us make a trade decision. For example, suppose you find that Synlogic 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 |
Synlogic 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 Synlogic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Synlogic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Synlogic stock over time.
Current vs Lagged Prices |
| Timeline |
Synlogic Lagged Returns
When evaluating Synlogic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Synlogic stock have on its future price. Synlogic 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, Synlogic autocorrelation shows the relationship between Synlogic stock current value and its past values and can show if there is a momentum factor associated with investing in Synlogic.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Synlogic Stock Analysis
When running Synlogic's price analysis, check to measure Synlogic'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 Synlogic is operating at the current time. Most of Synlogic's value examination focuses on studying past and present price action to predict the probability of Synlogic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synlogic's price. Additionally, you may evaluate how the addition of Synlogic to your portfolios can decrease your overall portfolio volatility.