Sonim Technologies Stock Alpha and Beta Analysis
| SONM Stock | USD 3.27 0.18 5.22% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Sonim Technologies. It also helps investors analyze the systematic and unsystematic risks associated with investing in Sonim Technologies over a specified time horizon. Remember, high Sonim Technologies' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Sonim Technologies' market risk premium analysis include:
Beta 1.35 | Alpha 0.4 | Risk 4.23 | Sharpe Ratio 0.11 | Expected Return 0.46 |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
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Sonim Technologies Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Sonim Technologies market risk premium is the additional return an investor will receive from holding Sonim Technologies long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Sonim Technologies. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Sonim Technologies' performance over market.| α | 0.40 | β | 1.35 |
Sonim Technologies expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Sonim Technologies' Buy-and-hold return. Our buy-and-hold chart shows how Sonim Technologies performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Sonim Technologies Market Price Analysis
Market price analysis indicators help investors to evaluate how Sonim Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sonim Technologies shares will generate the highest return on investment. By understating and applying Sonim Technologies stock market price indicators, traders can identify Sonim Technologies position entry and exit signals to maximize returns.
Sonim Technologies Return and Market Media
The median price of Sonim Technologies for the period between Thu, Aug 29, 2024 and Wed, Nov 27, 2024 is 2.97 with a coefficient of variation of 13.82. The daily time series for the period is distributed with a sample standard deviation of 0.42, arithmetic mean of 3.03, and mean deviation of 0.37. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Sonim Technologies, Inc. Sees Significant Decrease in Short Interest | 09/30/2024 |
2 | Acquisition by Tirva Robert L. of 334952 shares of Sonim Technologies subject to Rule 16b-3 | 10/18/2024 |
3 | Sonim Technologies Shares Up 7.4 percent Heres Why | 10/22/2024 |
4 | InterDigital Q3 Earnings and Revenues Surpass Estimates | 10/31/2024 |
5 | Acquisition by Mulica Michael C of 14124 shares of Sonim Technologies subject to Rule 16b-3 | 11/12/2024 |
6 | Disposition of 2559 shares by Mulica Michael C of Sonim Technologies at 3.28 subject to Rule 16b-3 | 11/13/2024 |
7 | Sonim Launches the XP Pro 5G with Verizon the Next Generation of Rugged | 11/21/2024 |
About Sonim Technologies Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Sonim or other stocks. Alpha measures the amount that position in Sonim Technologies has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 (projected) | Payables Turnover | 5.08 | 2.76 | 3.74 | Days Of Inventory On Hand | 42.02 | 24.52 | 32.01 |
Sonim Technologies Upcoming Company Events
As portrayed in its financial statements, the presentation of Sonim Technologies' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Sonim Technologies' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Sonim Technologies' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Sonim Technologies. Please utilize our Beneish M Score to check the likelihood of Sonim Technologies' management manipulating its earnings.
| 18th of March 2024 Upcoming Quarterly Report | View | |
| 13th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 18th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Sonim Technologies
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Check out Sonim Technologies Backtesting, Sonim Technologies Valuation, Sonim Technologies Correlation, Sonim Technologies Hype Analysis, Sonim Technologies Volatility, Sonim Technologies History and analyze Sonim Technologies Performance. To learn how to invest in Sonim Stock, please use our How to Invest in Sonim Technologies guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Sonim Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.