Sono Tek Corp Stock Alpha and Beta Analysis
| SOTK Stock | USD 4.66 0.03 0.64% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Sono Tek Corp. It also helps investors analyze the systematic and unsystematic risks associated with investing in Sono Tek over a specified time horizon. Remember, high Sono Tek's 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 Sono Tek's market risk premium analysis include:
Beta 0.5 | Alpha 0.13 | Risk 2.44 | Sharpe Ratio 0.0888 | Expected Return 0.22 |
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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.
Sono |
Sono Tek Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Sono Tek market risk premium is the additional return an investor will receive from holding Sono Tek 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 Sono Tek. 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 Sono Tek's performance over market.| α | 0.13 | β | 0.50 |
Sono Tek 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 Sono Tek's Buy-and-hold return. Our buy-and-hold chart shows how Sono Tek performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Sono Tek Market Price Analysis
Market price analysis indicators help investors to evaluate how Sono Tek stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sono Tek shares will generate the highest return on investment. By understating and applying Sono Tek stock market price indicators, traders can identify Sono Tek position entry and exit signals to maximize returns.
Sono Tek Return and Market Media
The median price of Sono Tek for the period between Sat, Aug 31, 2024 and Fri, Nov 29, 2024 is 4.3 with a coefficient of variation of 4.63. The daily time series for the period is distributed with a sample standard deviation of 0.2, arithmetic mean of 4.28, and mean deviation of 0.17. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Sono-Tek Co. Short Interest Down 50.0 percent in August - MarketBeat | 09/13/2024 |
2 | Disposition of 403 shares by Bagley Stephen James of Sono Tek at 5.4 subject to Rule 16b-3 | 09/23/2024 |
3 | Sono-Tek Announces Fiscal Second Quarter and First Half 2025 Earnings Conference Call | 10/08/2024 |
4 | Sono-Tek Reports Fiscal Second Quarter and First Half 2025 Financial Results, Record Backlog and Provides Revenue Guidance | 10/15/2024 |
5 | Sono-Tek Corporation Q2 2025 Earnings Call Transcript | 10/16/2024 |
6 | Calculating The Fair Value Of Sono-Tek Corporation | 10/28/2024 |
7 | Sono-Tek Announces Share Buyback | 11/04/2024 |
8 | Sono-Teks 2M Buyback A Buying Opportunity in Clean Tech | 11/07/2024 |
9 | Disposition of 1000 shares by Strasburg Philip A of Sono Tek at 5.61 subject to Rule 16b-3 | 11/22/2024 |
About Sono Tek 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 Sono or other stocks. Alpha measures the amount that position in Sono Tek Corp 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 | 2024 (projected) | Days Sales Outstanding | 23.28 | 39.6 | 27.25 | 53.22 | PTB Ratio | 5.84 | 5.81 | 5.22 | 5.48 |
Sono Tek Upcoming Company Events
As portrayed in its financial statements, the presentation of Sono Tek's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Sono Tek's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Sono Tek's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Sono Tek. Please utilize our Beneish M Score to check the likelihood of Sono Tek's management manipulating its earnings.
| 23rd of May 2024 Upcoming Quarterly Report | View | |
| 11th of July 2024 Next Financial Report | View | |
| 29th of February 2024 Next Fiscal Quarter End | View | |
| 23rd of May 2024 Next Fiscal Year End | View | |
| 30th of November 2023 Last Quarter Report | View | |
| 28th of February 2023 Last Financial Announcement | View |
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Check out Sono Tek Backtesting, Sono Tek Valuation, Sono Tek Correlation, Sono Tek Hype Analysis, Sono Tek Volatility, Sono Tek History and analyze Sono Tek Performance. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Sono Tek 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.