Synnex Stock Price on November 8, 2024

SNX Stock  USD 124.83  0.98  0.79%   
Below is the normalized historical share price chart for Synnex extending back to November 25, 2003. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Synnex stands at 124.83, as last reported on the 8th of November, with the highest price reaching 125.64 and the lowest price hitting 123.79 during the day.
IPO Date
25th of November 2003
200 Day MA
115.4403
50 Day MA
117.9224
Beta
1.405
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Synnex Stock, it is important to understand the factors that can impact its price. At this stage we consider Synnex Stock to be very steady. Synnex owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% 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 Risk Adjusted Performance of 0.1176, semi deviation of 1.36, and Coefficient Of Variation of 693.09 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%.
  
At this time, Synnex's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to rise to about 112.1 M in 2024, despite the fact that Treasury Stock is likely to grow to (288.3 M). . Price Earnings Ratio is likely to rise to 13.76 in 2024, whereas Price To Sales Ratio is likely to drop 0.07 in 2024. Synnex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1248

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Estimated Market Risk

 1.53
  actual daily
13
87% of assets are more volatile

Expected Return

 0.19
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Synnex is performing at about 9% 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.
Price Book
1.2908
Enterprise Value Ebitda
8.7836
Price Sales
0.1863
Shares Float
75.5 M
Dividend Share
1.6

Synnex Main Headline on 7th of November 2024

TD Synnex chief business officer Simon Leung sells 769,689 in stock

Synnex Valuation on November 8, 2024

It is possible to determine the worth of Synnex on a given historical date. On November 8, 2024 Synnex was worth 123.79 at the beginning of the trading date compared to the closed value of 124.83. 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
  125.49    125.49    121.13    123.85    991,839  
11/07/2024
  123.79    125.64    123.79    124.83    495,617  
Backtest Synnex  |  Synnex History  |  Synnex Valuation   Previous
Open Value
123.79
119.21
Downside
124.83
Closing Value
128.37
Upside

Synnex Trading Date Momentum on November 8, 2024

On November 07 2024 Synnex was traded for  124.83  at the closing time. Highest Synnex's price during the trading hours was 125.64  and the lowest price during the day was  123.79 . The net volume was 495.6 K. The overall trading history on the 7th of November did not result in any price rise and fall. The trading price change to current price is 0.83% .

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
Last ReportedProjected for Next Year
Common Stock Shares Outstanding106.8 M112.1 M
Net Income Applicable To Common Shares749 M786.5 M

Synnex Quarterly Net Working Capital

4.07 Billion

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.
A focus of Synnex technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Synnex trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Synnex Period Price Range

Low
November 8, 2024
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High

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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 November 8, 2024 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.

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.