Sonos Inc Stock Price on November 21, 2024

SONO Stock  USD 13.50  0.55  4.25%   
Below is the normalized historical share price chart for Sonos Inc extending back to August 02, 2018. 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 Sonos stands at 13.50, as last reported on the 22nd of November, with the highest price reaching 13.55 and the lowest price hitting 12.74 during the day.
IPO Date
2nd of August 2018
200 Day MA
15.0418
50 Day MA
12.6584
Beta
2.043
 
Covid
If you're considering investing in Sonos Stock, it is important to understand the factors that can impact its price. Sonos appears to be not too volatile, given 3 months investment horizon. Sonos Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sonos Inc, which you can use to evaluate the volatility of the company. Please review Sonos' Risk Adjusted Performance of 0.0958, semi deviation of 2.27, and Coefficient Of Variation of 858.19 to confirm if our risk estimates are consistent with your expectations.
  
As of the 22nd of November 2024, Capital Stock is likely to grow to about 131.5 K, while Total Stockholder Equity is likely to drop about 314.8 M. . At this time, Sonos' Price To Sales Ratio is very stable compared to the past year. As of the 22nd of November 2024, Price Earnings To Growth Ratio is likely to grow to 1.39, while Price Earnings Ratio is likely to drop (160.47). Sonos Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1008

Best PortfolioBest Equity
Good Returns
Average Returns
Small ReturnsSONO
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 2.41
  actual daily
21
79% of assets are more volatile

Expected Return

 0.24
  actual daily
4
96% of assets have higher returns

Risk-Adjusted Return

 0.1
  actual daily
7
93% of assets perform better
Based on monthly moving average Sonos is performing at about 7% 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 Sonos by adding it to a well-diversified portfolio.
Price Book
3.6789
Enterprise Value Ebitda
55.3149
Price Sales
1.0828
Shares Float
112.3 M
Wall Street Target Price
15.2

Related Headline

Turtle Beach Headline on 21st of November 2024

Turtle Beach CEO Keirn Cris buys 44,580 in stock

Sonos Valuation on November 21, 2024

It is possible to determine the worth of Sonos on a given historical date. On November 21, 2024 Sonos was worth 12.86 at the beginning of the trading date compared to the closed value of 13.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sonos stock. Still, in general, we apply an absolute valuation method to find Sonos' 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 Sonos where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sonos' related companies.
 Open High Low Close Volume
  13.00    13.15    12.62    12.95    2,522,470  
11/21/2024
  12.86    13.55    12.74    13.50    2,157,926  
  12.86    13.55    12.74    13.50    0.00  
Backtest Sonos  |  Sonos History  |  Sonos Valuation   PreviousNext  
Open Value
12.86
13.5
Closing Value
20.10
Upside

Sonos Trading Date Momentum on November 21, 2024

On November 22 2024 Sonos Inc was traded for  13.50  at the closing time. The top price for the day was 13.55  and the lowest listed price was  12.74 . There was no trading activity during the period 0.0. Lack of trading volume on November 22, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 4.74% .

Sonos Inc Fundamentals Correlations and Trends

By evaluating Sonos' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sonos' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sonos financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Sonos Stock history

Sonos 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 Sonos is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sonos Inc 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 Sonos stock prices may prove useful in developing a viable investing in Sonos
Last ReportedProjected for Next Year
Common Stock Shares Outstanding123.2 M116.3 M
Net Income Applicable To Common Shares77.5 M81.4 M

Sonos Quarterly Net Working Capital

184.93 Million

Sonos Stock Technical Analysis

Sonos 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.
A focus of Sonos technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sonos trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Sonos Period Price Range

Low
November 22, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Sonos Inc cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Sonos November 22, 2024 Market Strength

Market strength indicators help investors to evaluate how Sonos stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sonos shares will generate the highest return on investment. By undertsting and applying Sonos stock market strength indicators, traders can identify Sonos Inc entry and exit signals to maximize returns

Sonos Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Sonos' price direction in advance. Along with the technical and fundamental analysis of Sonos Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sonos 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.
When determining whether Sonos Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonos' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sonos Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonos Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonos Inc. 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.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Consumer Electronics 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 Sonos. If investors know Sonos 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 Sonos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.123
Earnings Share
(0.31)
Revenue Per Share
12.32
Quarterly Revenue Growth
(0.16)
Return On Assets
(0.03)
The market value of Sonos Inc is measured differently than its book value, which is the value of Sonos that is recorded on the company's balance sheet. Investors also form their own opinion of Sonos' value that differs from its market value or its book value, called intrinsic value, which is Sonos' 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 Sonos' market value can be influenced by many factors that don't directly affect Sonos' 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 Sonos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonos' 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.