Yes I agree SYA has provided better returns than major indices.
Currently SYA has beta of .7 in comparison to S&P 500 of 1, which is calculated using regression analysis over the period of time, means SYA Sp is less volatile in comparison to overall market and any change in S&P 500 by 1 point SYA SP should change by .7 either way.
Disclaimer:
Beta excludes fundamentals analysis and long term movements and only used for short term movements.
Yes I agree SYA has provided better returns than major...
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Last
4.2¢ |
Change
-0.001(2.33%) |
Mkt cap ! $432.3M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 4.5¢ | 4.2¢ | $2.817M | 65.96M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 48 | 9168743 | 4.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.3¢ | 2618655 | 14 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
4.2¢ |
Change
-0.001 ( 2.78 %) |
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| Open | High | Low | Volume | ||
| 4.2¢ | 4.5¢ | 4.2¢ | 42732310 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| SYA (ASX) Chart |