Sonim Technologies Stock Price on July 18, 2024
| SONM Stock | USD 3.36 0.06 1.82% |
Below is the normalized historical share price chart for Sonim Technologies extending back to May 10, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Sonim Technologies stands at 3.36, as last reported on the 23rd of November, with the highest price reaching 3.36 and the lowest price hitting 3.20 during the day.
If you're considering investing in Sonim Stock, it is important to understand the factors that can impact its price. Sonim Technologies appears to be very risky, given 3 months investment horizon. Sonim Technologies owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. By inspecting Sonim Technologies' technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please review Sonim Technologies' Semi Deviation of 2.66, coefficient of variation of 780.42, and Risk Adjusted Performance of 0.1064 to confirm if our risk estimates are consistent with your expectations.
At this time, Sonim Technologies' Common Stock Total Equity is very stable compared to the past year. As of the 23rd of November 2024, Common Stock Shares Outstanding is likely to grow to about 43.8 M, while Total Stockholder Equity is likely to drop about 17.4 M. . As of the 23rd of November 2024, Price Earnings To Growth Ratio is likely to grow to 35.91, while Price To Sales Ratio is likely to drop 3.11. Sonim Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 10th of August 1995 | 200 Day MA 4.7995 | 50 Day MA 3.1687 | Beta 2.523 |
Sonim |
Sharpe Ratio = 0.1306
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Estimated Market Risk
| 4.17 actual daily | 37 63% of assets are more volatile |
Expected Return
| 0.54 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Sonim Technologies is performing at about 10% 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 Sonim Technologies by adding it to a well-diversified portfolio.
Price Book 1.0458 | Enterprise Value Ebitda 6.4143 | Price Sales 0.2362 | Shares Float 2.2 M | Wall Street Target Price 8 |
Related Headline
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Sonim Technologies Valuation on July 18, 2024
It is possible to determine the worth of Sonim Technologies on a given historical date. On July 18, 2024 Sonim was worth 3.67 at the beginning of the trading date compared to the closed value of 3.91. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sonim Technologies stock. Still, in general, we apply an absolute valuation method to find Sonim Technologies' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sonim Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sonim Technologies' related companies.
| Open | High | Low | Close | Volume | |
| 4.90 | 4.90 | 3.51 | 4.14 | 365,817 | |
07/18/2024 | 3.67 | 4.55 | 3.61 | 3.91 | 198,917 |
| 3.67 | 3.89 | 3.30 | 3.47 | 61,955 |
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Sonim Technologies Trading Date Momentum on July 18, 2024
| On July 19 2024 Sonim Technologies was traded for 3.47 at the closing time. The top price for the day was 3.89 and the lowest listed price was 3.30 . The trading volume for the day was 62 K. The trading history from July 19, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 11.25% . The trading price change against the current closing price is 13.55% . |
Sonim Technologies Fundamentals Correlations and Trends
By evaluating Sonim Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sonim Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sonim financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sonim Technologies Stock history
Sonim Technologies investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sonim is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sonim Technologies will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sonim Technologies stock prices may prove useful in developing a viable investing in Sonim Technologies
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 41.7 M | 43.8 M | |
| Net Loss | -12.7 M | -13.3 M |
Sonim Technologies Quarterly Net Working Capital |
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Sonim Technologies Stock Technical Analysis
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.
Price Boundaries
Sonim Technologies Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
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Sonim Technologies November 23, 2024 Market Strength
Market strength 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 undertsting and applying Sonim Technologies stock market strength indicators, traders can identify Sonim Technologies entry and exit signals to maximize returns
Sonim Technologies Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sonim Technologies' price direction in advance. Along with the technical and fundamental analysis of Sonim Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sonim to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1064 | |||
| Jensen Alpha | 0.3659 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | 0.1275 | |||
| Treynor Ratio | 0.4076 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonim Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Sonim Stock, please use our How to Invest in Sonim Technologies guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sonim Technologies. If investors know Sonim will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sonim Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.90) | Revenue Per Share 15.959 | Quarterly Revenue Growth (0.57) | Return On Assets (0.12) | Return On Equity (0.53) |
The market value of Sonim Technologies is measured differently than its book value, which is the value of Sonim that is recorded on the company's balance sheet. Investors also form their own opinion of Sonim Technologies' value that differs from its market value or its book value, called intrinsic value, which is Sonim Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sonim Technologies' market value can be influenced by many factors that don't directly affect Sonim Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sonim Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonim Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonim Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.