Scott Smith - SoundHound Head Relations

SOUN Stock  USD 8.25  1.27  18.19%   

Insider

Scott Smith is Head Relations of SoundHound AI
Address 5400 Betsy Ross Drive, Santa Clara, CA, United States, 95054
Phone408 441 3200
Webhttps://www.soundhound.com

Scott Smith Latest Insider Activity

Tracking and analyzing the buying and selling activities of Scott Smith against SoundHound stock is an integral part of due diligence when investing in SoundHound. Scott Smith insider activity provides valuable insight into whether SoundHound is net buyers or sellers over its current business cycle. Note, SoundHound insiders must abide by specific rules, including filing SEC forms every time they buy or sell SoundHound'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

SoundHound Management Efficiency

The company has return on total asset (ROA) of (0.1813) % which means that it has lost $0.1813 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.6839) %, meaning that it created substantial loss on money invested by shareholders. SoundHound's management efficiency ratios could be used to measure how well SoundHound manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Tangible Assets is likely to drop to -0.62. In addition to that, Return On Capital Employed is likely to drop to -0.57. At this time, SoundHound's Non Currrent Assets Other are very stable compared to the past year. As of the 22nd of November 2024, Other Current Assets is likely to grow to about 2.8 M, while Total Assets are likely to drop about 80.6 M.
SoundHound AI currently holds 90.16 M in liabilities. SoundHound AI has a current ratio of 1.09, suggesting that it may have difficulties to pay its financial obligations when due. Note, when we think about SoundHound's use of debt, we should always consider it together with its cash and equity.

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SoundHound AI, Inc. develops independent voice artificial intelligence platform that enables businesses across industries to deliver high-quality conversational experiences to their customers. Its products include Houndify platform that offers a suite of Houndify tools to help brands build conversational voice assistants, such as automatic speech recognition, natural language understanding, wake words, custom domains, text-to-speech, and embedded voice solutions The company is headquartered in Santa Clara, California. Soundhound operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 2 people. SoundHound AI (SOUN) is traded on NASDAQ Exchange in USA. It is located in 5400 Betsy Ross Drive, Santa Clara, CA, United States, 95054 and employs 260 people. SoundHound is listed under Application Software category by Fama And French industry classification.

Management Performance

SoundHound AI Leadership Team

Elected by the shareholders, the SoundHound's board of directors comprises two types of representatives: SoundHound inside directors who are chosen from within the company, and outside directors, selected externally and held independent of SoundHound. The board's role is to monitor SoundHound's management team and ensure that shareholders' interests are well served. SoundHound's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, SoundHound's outside directors are responsible for providing unbiased perspectives on the board's policies.
Timothy Stonehocker, Chief Officer
Michael Zagorsek, Chief Officer
Seyed Emami, Chief CoFounder
Warren JD, Senior Counsel
Nitesh CFA, Chief Officer
Warren Heit, Senior Counsel
CSM ITIL, Advisor
Scott Smith, Head Relations
Steve Bigari, Executive Restaurants
James Hom, Chief CoFounder
Lisa Flattery, VP Marketing
Amir Arbabi, Senior Development
Clinton Coleman, Senior Operations
Nitesh Sharan, Chief Officer
Majid Emami, Chief CoFounder
Keyvan Mohajer, CEO, CoFounder

SoundHound Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is SoundHound a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with SoundHound

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 SoundHound 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 SoundHound will appreciate offsetting losses from the drop in the long position's value.

Moving together with SoundHound Stock

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Moving against SoundHound Stock

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The ability to find closely correlated positions to SoundHound could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace SoundHound 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 SoundHound - 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 SoundHound AI to buy it.
The correlation of SoundHound 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 SoundHound moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SoundHound AI 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 SoundHound 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.
Pair CorrelationCorrelation Matching
When determining whether SoundHound AI is a strong investment it is important to analyze SoundHound's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SoundHound's future performance. For an informed investment choice regarding SoundHound Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SoundHound AI. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Application Software 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 SoundHound. If investors know SoundHound 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 SoundHound listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.35)
Revenue Per Share
0.219
Quarterly Revenue Growth
0.891
Return On Assets
(0.18)
Return On Equity
(0.68)
The market value of SoundHound AI is measured differently than its book value, which is the value of SoundHound that is recorded on the company's balance sheet. Investors also form their own opinion of SoundHound's value that differs from its market value or its book value, called intrinsic value, which is SoundHound's 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 SoundHound's market value can be influenced by many factors that don't directly affect SoundHound's 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 SoundHound's value and its price as these two are different measures arrived at by different means. Investors typically determine if SoundHound is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SoundHound's 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.