Synergetic Auto Performance Stock Shares Outstanding
| ASAP Stock | THB 3.04 0.02 0.65% |
Synergetic Auto Performance fundamentals help investors to digest information that contributes to Synergetic Auto's financial success or failures. It also enables traders to predict the movement of Synergetic Stock. The fundamental analysis module provides a way to measure Synergetic Auto's 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 Synergetic Auto stock.
Synergetic |
Synergetic Auto Performance Company Shares Outstanding Analysis
Synergetic Auto's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Synergetic Auto Shares Outstanding | 726 M |
Most of Synergetic Auto's fundamental indicators, such as Shares Outstanding, 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, Synergetic Auto Performance is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, Synergetic Auto Performance has 726 M of shares currently outstending. This is 398.13% higher than that of the Road & Rail sector and significantly higher than that of the Industrials industry. The shares outstanding for all Thailand stocks is 26.96% lower than that of the firm.
Synergetic Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Synergetic Auto's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Synergetic Auto could also be used in its relative valuation, which is a method of valuing Synergetic Auto by comparing valuation metrics of similar companies.Synergetic Auto is currently under evaluation in shares outstanding category among related companies.
Synergetic Fundamentals
| Return On Equity | -0.012 | |||
| Return On Asset | 0.0161 | |||
| Profit Margin | (0) % | |||
| Operating Margin | 0.06 % | |||
| Current Valuation | 8.88 B | |||
| Shares Outstanding | 726 M | |||
| Shares Owned By Insiders | 84.10 % | |||
| Shares Owned By Institutions | 0.11 % | |||
| Price To Earning | 39.76 X | |||
| Price To Book | 2.05 X | |||
| Price To Sales | 0.54 X | |||
| Revenue | 4.2 B | |||
| Gross Profit | 181.02 M | |||
| EBITDA | 1.6 B | |||
| Net Income | (276.68 M) | |||
| Cash And Equivalents | 28.86 M | |||
| Cash Per Share | 0.04 X | |||
| Total Debt | 70.12 M | |||
| Debt To Equity | 709.30 % | |||
| Current Ratio | 0.25 X | |||
| Book Value Per Share | 1.54 X | |||
| Cash Flow From Operations | 3.24 B | |||
| Earnings Per Share | (0.33) X | |||
| Target Price | 8.68 | |||
| Beta | 1.08 | |||
| Market Capitalization | 2.42 B | |||
| Total Asset | 9.48 B | |||
| Z Score | 20.4 | |||
| Net Asset | 9.48 B |
About Synergetic Auto Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Synergetic Auto Performance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Synergetic Auto using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Synergetic Auto Performance 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 Synergetic Auto
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 Synergetic Auto 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 Synergetic Auto will appreciate offsetting losses from the drop in the long position's value.Moving together with Synergetic Stock
| 0.74 | RBF | RB Food Supply | PairCorr |
Moving against Synergetic Stock
| 0.49 | AMARIN | Amarin Printing | PairCorr |
The ability to find closely correlated positions to Synergetic Auto could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Synergetic Auto 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 Synergetic Auto - 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 Synergetic Auto Performance to buy it.
The correlation of Synergetic Auto 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 Synergetic Auto moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Synergetic Auto Perf 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 Synergetic Auto 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Synergetic Auto Performance. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Synergetic Stock analysis
When running Synergetic Auto's price analysis, check to measure Synergetic Auto'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 Synergetic Auto is operating at the current time. Most of Synergetic Auto's value examination focuses on studying past and present price action to predict the probability of Synergetic Auto's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synergetic Auto's price. Additionally, you may evaluate how the addition of Synergetic Auto to your portfolios can decrease your overall portfolio volatility.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk |