Sound Point Meridian Stock Market Value
| SPMC Stock | 13.54 0.07 0.52% |
| Symbol | Sound |
Sound Point Meridian Company Valuation
Is Asset Management & Custody Banks 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 Sound Point. If investors know Sound 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 Sound Point listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Sound Point Meridian is measured differently than its book value, which is the value of Sound that is recorded on the company's balance sheet. Investors also form their own opinion of Sound Point's value that differs from its market value or its book value, called intrinsic value, which is Sound Point'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 Sound Point's market value can be influenced by many factors that don't directly affect Sound Point'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 Sound Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sound Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sound Point'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.
Sound Point '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 Sound Point's 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 Sound Point.
| 06/09/2024 |
| 12/31/2025 |
If you would invest 0.00 in Sound Point on June 9, 2024 and sell it all today you would earn a total of 0.00 from holding Sound Point Meridian or generate 0.0% return on investment in Sound Point over 570 days. Sound Point is related to or competes with Inflection Point, Columbus Circle, Talon Capital, Saratoga Investment, Stellus Capital, NewtekOne, Depositary, and Pioneer Acquisition. Sound Point is entity of United States. It is traded as Stock on NYSE exchange. More
Sound Point 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 Sound Point's 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 Sound Point Meridian upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 9.91 | |||
| Value At Risk | (3.20) | |||
| Potential Upside | 1.97 |
Sound Point Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sound Point's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sound Point's standard deviation. In reality, there are many statistical measures that can use Sound Point historical prices to predict the future Sound Point's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (0.83) |
Sound Point Meridian Backtested Returns
Sound Point Meridian owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.2, which indicates the firm had a -0.2 % return per unit of risk over the last 3 months. Sound Point Meridian exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sound Point's Variance of 2.75, coefficient of variation of (567.52), and Risk Adjusted Performance of (0.12) to confirm the risk estimate we provide. The entity has a beta of 0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sound Point's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sound Point is expected to be smaller as well. At this point, Sound Point Meridian has a negative expected return of -0.34%. Please make sure to validate Sound Point's value at risk, accumulation distribution, as well as the relationship between the Accumulation Distribution and day typical price , to decide if Sound Point Meridian performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.64 |
Very good reverse predictability
Sound Point Meridian has very good reverse predictability. Overlapping area represents the amount of predictability between Sound Point time series from 9th of June 2024 to 21st of March 2025 and 21st of March 2025 to 31st of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sound Point Meridian price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Sound Point price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 1.07 |
Sound Point Meridian lagged returns against current returns
Autocorrelation, which is Sound Point 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 Sound Point's stock expected returns. We can calculate the autocorrelation of Sound Point returns to help us make a trade decision. For example, suppose you find that Sound Point 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 |
Sound Point 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 Sound Point stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sound Point stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sound Point stock over time.
Current vs Lagged Prices |
| Timeline |
Sound Point Lagged Returns
When evaluating Sound Point's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sound Point stock have on its future price. Sound Point 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, Sound Point autocorrelation shows the relationship between Sound Point stock current value and its past values and can show if there is a momentum factor associated with investing in Sound Point Meridian.
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 Sound Point Meridian is a strong investment it is important to analyze Sound Point'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 Sound Point's future performance. For an informed investment choice regarding Sound Stock, refer to the following important reports:Check out Sound Point Correlation, Sound Point Volatility and Sound Point Alpha and Beta module to complement your research on Sound Point. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Sound Point 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.