Sonic Financial Statements From 2010 to 2024
| SOFODelisted Stock | USD 0.82 0.00 0.00% |
Check Sonic Foundry financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sonic Foundry's main balance sheet or income statement drivers, such as , as well as many indicators such as . Sonic financial statements analysis is a perfect complement when working with Sonic Foundry Valuation or Volatility modules.
Sonic |
Sonic Foundry Company Return On Equity Analysis
Sonic Foundry's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Sonic Foundry Return On Equity | -18.64 |
Most of Sonic Foundry's fundamental indicators, such as Return On Equity, 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, Sonic Foundry is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, Sonic Foundry has a Return On Equity of -18.6407. This is 54.95% higher than that of the Software sector and significantly lower than that of the Information Technology industry. The return on equity for all United States stocks is notably higher than that of the company.
Sonic Foundry Fundamental Drivers Relationships
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. You can analyze the relationship between different fundamental ratios across Sonic Foundry competition to find correlations between indicators driving Sonic Foundry's intrinsic value. More Info.Sonic Foundry is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers . 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.About Sonic Foundry Financial Statements
Sonic Foundry investors utilize fundamental indicators, such as revenue or net income, to predict how Sonic Pink Sheet might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
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.
Pair Trading with Sonic Foundry
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.Moving against Sonic Pink Sheet
| 0.52 | DMAN | Innovativ Media Group | PairCorr |
| 0.52 | VCSA | Vacasa Inc | PairCorr |
| 0.42 | ELCO | Elcom International | PairCorr |
| 0.36 | DV | DoubleVerify Holdings | PairCorr |
| 0.36 | DTRK | DATATRAK International | PairCorr |
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.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 Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
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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