Sonder Holdings Stock Market Value
| SOND Stock | USD 3.73 0.27 7.80% |
| Symbol | Sonder |
Sonder Holdings Price To Book Ratio
Is Hotels, Restaurants & Leisure 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 Sonder Holdings. If investors know Sonder 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 Sonder Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (17.05) | Revenue Per Share 56.27 | Quarterly Revenue Growth 0.046 | Return On Assets (0.09) | Return On Equity (13.69) |
The market value of Sonder Holdings is measured differently than its book value, which is the value of Sonder that is recorded on the company's balance sheet. Investors also form their own opinion of Sonder Holdings' value that differs from its market value or its book value, called intrinsic value, which is Sonder Holdings' 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 Sonder Holdings' market value can be influenced by many factors that don't directly affect Sonder Holdings' 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 Sonder Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonder Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonder Holdings' 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.
Sonder Holdings 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Sonder Holdings' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Sonder Holdings.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Sonder Holdings on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Sonder Holdings or generate 0.0% return on investment in Sonder Holdings over 180 days. Sonder Holdings is related to or competes with Wyndham Hotels, InterContinental, Hyatt Hotels, Hilton Worldwide, Marriott International, Choice Hotels, and Huazhu. It operates and manages properties comprising 1-, 2-, and 3 bedroom and studio apartments, as well as 1-bedroom hotel ro... More
Sonder Holdings Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Sonder Holdings' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Sonder Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 73.13 | |||
| Value At Risk | (13.51) | |||
| Potential Upside | 8.15 |
Sonder Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sonder Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sonder Holdings' standard deviation. In reality, there are many statistical measures that can use Sonder Holdings historical prices to predict the future Sonder Holdings' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.78) | |||
| Total Risk Alpha | (2.31) | |||
| Treynor Ratio | (0.43) |
Sonder Holdings Backtested Returns
Sonder Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0303, which indicates the firm had a -0.0303% return per unit of risk over the last 3 months. Sonder Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sonder Holdings' Coefficient Of Variation of (1,729), risk adjusted performance of (0.03), and Variance of 104.58 to confirm the risk estimate we provide. The entity has a beta of 1.41, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sonder Holdings will likely underperform. At this point, Sonder Holdings has a negative expected return of -0.31%. Please make sure to validate Sonder Holdings' skewness, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Sonder Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.05 |
Virtually no predictability
Sonder Holdings has virtually no predictability. Overlapping area represents the amount of predictability between Sonder Holdings time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sonder Holdings price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Sonder Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 1.16 |
Sonder Holdings lagged returns against current returns
Autocorrelation, which is Sonder Holdings stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Sonder Holdings' stock expected returns. We can calculate the autocorrelation of Sonder Holdings returns to help us make a trade decision. For example, suppose you find that Sonder Holdings has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Sonder Holdings regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Sonder Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sonder Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sonder Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Sonder Holdings Lagged Returns
When evaluating Sonder Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sonder Holdings stock have on its future price. Sonder Holdings autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Sonder Holdings autocorrelation shows the relationship between Sonder Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Sonder Holdings.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Sonder Holdings is a strong investment it is important to analyze Sonder Holdings' 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 Sonder Holdings' future performance. For an informed investment choice regarding Sonder Stock, refer to the following important reports:Check out Sonder Holdings Correlation, Sonder Holdings Volatility and Sonder Holdings Alpha and Beta module to complement your research on Sonder Holdings. For information on how to trade Sonder Stock refer to our How to Trade Sonder Stock guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Sonder Holdings 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.