Soundhound Ai Stock Performance
| SOUNW Stock | USD 3.80 0.20 5.56% |
SoundHound holds a performance score of 15 on a scale of zero to a hundred. The entity has a beta of 2.58, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SoundHound will likely underperform. Use SoundHound AI sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to analyze future returns on SoundHound AI.
Risk-Adjusted Performance
15 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in SoundHound AI are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak basic indicators, SoundHound showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 6.19 | Five Day Return 18.03 | Year To Date Return 900 | Ten Year Return 295.6 | All Time Return 295.6 |
1 | Is It Too Late to Buy SoundHound AI Stock - The Motley Fool | 09/18/2024 |
2 | SoundHound AI, Inc. Laps the Stock Market Heres Why - Yahoo Finance | 09/26/2024 |
3 | Better Artificial Intelligence Stock BigBear.ai vs. SoundHound AI - The Motley Fool | 11/18/2024 |
4 | Why SoundHound AI Stock Was Racing Higher on Thursday - Yahoo Finance | 11/21/2024 |
| Begin Period Cash Flow | 9.5 M |
SoundHound |
SoundHound Relative Risk vs. Return Landscape
If you would invest 194.00 in SoundHound AI on September 4, 2024 and sell it today you would earn a total of 186.00 from holding SoundHound AI or generate 95.88% return on investment over 90 days. SoundHound AI is currently producing 1.2391% returns and takes up 6.1809% volatility of returns over 90 trading days. Put another way, 55% of traded stocks are less volatile than SoundHound, and 76% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
SoundHound Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SoundHound's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as SoundHound AI, and traders can use it to determine the average amount a SoundHound's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.2005
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | SOUNW | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 6.18 actual daily | 55 55% of assets are less volatile |
Expected Return
| 1.24 actual daily | 24 76% of assets have higher returns |
Risk-Adjusted Return
| 0.2 actual daily | 15 85% of assets perform better |
Based on monthly moving average SoundHound is performing at about 15% 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 SoundHound by adding it to a well-diversified portfolio.
SoundHound Fundamentals Growth
SoundHound Stock prices reflect investors' perceptions of the future prospects and financial health of SoundHound, and SoundHound fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on SoundHound Stock performance.
| Return On Equity | -0.68 | ||||
| Return On Asset | -0.18 | ||||
| Profit Margin | (1.64) % | ||||
| Operating Margin | (1.40) % | ||||
| Revenue | 45.87 M | ||||
| EBITDA | (65.14 M) | ||||
| Net Income | (88.94 M) | ||||
| Cash And Equivalents | 21.63 M | ||||
| Cash Per Share | 1.76 X | ||||
| Total Debt | 90.16 M | ||||
| Current Ratio | 0.31 X | ||||
| Book Value Per Share | 0.80 X | ||||
| Cash Flow From Operations | (68.27 M) | ||||
| Earnings Per Share | (6.57) X | ||||
| Total Asset | 151.12 M | ||||
| Retained Earnings | (592.38 M) | ||||
| Working Capital | 89.32 M | ||||
About SoundHound Performance
Evaluating SoundHound's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if SoundHound has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if SoundHound has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 86.03 | 64.70 | |
| Return On Tangible Assets | (0.59) | (0.62) | |
| Return On Capital Employed | (0.54) | (0.57) | |
| Return On Assets | (0.59) | (0.62) | |
| Return On Equity | (3.16) | (3.00) |
Things to note about SoundHound AI performance evaluation
Checking the ongoing alerts about SoundHound for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for SoundHound AI help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| SoundHound AI is way too risky over 90 days horizon | |
| SoundHound AI appears to be risky and price may revert if volatility continues | |
| SoundHound AI has high likelihood to experience some financial distress in the next 2 years | |
| SoundHound AI has accumulated 90.16 M in total debt. SoundHound AI has a current ratio of 0.3, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Note, when we think about SoundHound's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the revenue of 45.87 M. Net Loss for the year was (88.94 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| SoundHound AI has accumulated about 21.63 M in cash with (68.27 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.76. | |
| SoundHound AI has a poor financial position based on the latest SEC disclosures | |
| Latest headline from news.google.com: Why SoundHound AI Stock Was Racing Higher on Thursday - Yahoo Finance |
- Analyzing SoundHound's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether SoundHound's stock is overvalued or undervalued compared to its peers.
- Examining SoundHound's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating SoundHound's management team can have a significant impact on its success or failure. Reviewing the track record and experience of SoundHound's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of SoundHound's stock. These opinions can provide insight into SoundHound's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for SoundHound Stock Analysis
When running SoundHound's price analysis, check to measure SoundHound'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 SoundHound is operating at the current time. Most of SoundHound's value examination focuses on studying past and present price action to predict the probability of SoundHound's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SoundHound's price. Additionally, you may evaluate how the addition of SoundHound to your portfolios can decrease your overall portfolio volatility.