Sonic Foundry Cash Per Share vs. Beta
| SOFODelisted Stock | USD 0.82 0.00 0.00% |
For Sonic Foundry profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Sonic Foundry to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Sonic Foundry utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Sonic Foundry's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Sonic Foundry over time as well as its relative position and ranking within its peers.
Sonic |
Sonic Foundry Beta vs. Cash Per Share Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Sonic Foundry's current stock value. Our valuation model uses many indicators to compare Sonic Foundry value to that of its competitors to determine the firm's financial worth. Sonic Foundry is currently regarded as top stock in cash per share category among its peers. It also is currently regarded as top stock in beta category among its peers totaling about 0.63 of Beta per Cash Per Share. The ratio of Cash Per Share to Beta for Sonic Foundry is roughly 1.58 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Sonic Foundry by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Sonic Foundry's Pink Sheet. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.Sonic Beta vs. Cash Per Share
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Sonic Foundry |
| = | 0.41 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Sonic Foundry |
| = | 0.26 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Sonic Beta Comparison
Sonic Foundry is currently under evaluation in beta category among its peers.
Beta Analysis
As returns on the market increase, Sonic Foundry's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sonic Foundry is expected to be smaller as well.
Sonic Foundry Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Sonic Foundry, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Sonic Foundry will eventually generate negative long term returns. The profitability progress is the general direction of Sonic Foundry's change in net profit over the period of time. It can combine multiple indicators of Sonic Foundry, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Sonic Foundry, Inc. provides video enterprise solutions and services for the digital-first, distance learning, and corporate communication markets in the United States, Europe, the Middle East, Asia, and internationally. The company was founded in 1991 and is headquartered in Madison, Wisconsin. Sonic Foundry operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 180 people.
Sonic Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Sonic Foundry. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Sonic Foundry position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Sonic Foundry's important profitability drivers and their relationship over time.
Use Sonic Foundry in pair-trading
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 Sonic Foundry 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 Sonic Foundry will appreciate offsetting losses from the drop in the long position's value.Sonic Foundry Pair Trading
Sonic Foundry Pair Trading Analysis
The ability to find closely correlated positions to Sonic Foundry could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sonic Foundry 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 Sonic Foundry - 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 Sonic Foundry to buy it.
The correlation of Sonic Foundry 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 Sonic Foundry moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sonic Foundry 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 Sonic Foundry 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.Use Investing Themes to Complement your Sonic Foundry position
In addition to having Sonic Foundry in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Technology
Companies that are involved in development or distribution of technologically based goods and services such as software, IT or electronics. The Technology theme has 30 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Technology Theme or any other thematic opportunities.
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Other Consideration for investing in Sonic Pink Sheet
If you are still planning to invest in Sonic Foundry check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Sonic Foundry's history and understand the potential risks before investing.
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