Sound Point Meridian Stock Today
| SPMC Stock | 20.43 0.10 0.49% |
Performance6 of 100
| Odds Of DistressLess than 9
|
Sound Point is trading at 20.43 as of the 26th of November 2024, a 0.49% down since the beginning of the trading day. The stock's open price was 20.53. Sound Point has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Sound Point Meridian are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 14th of June 2024 | Classification Financials |
Sound Point is entity of United States. It is traded as Stock on NYSE exchange. More on Sound Point Meridian
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Sound Stock Highlights
| Business Concentration | Asset Management & Custody Banks, Financial Services, Financials, Financials, Capital Markets, Financial Services, Financials (View all Sectors) |
| Average Analyst Recommendation | |
Sound Point Meridian (SPMC) is traded on New York Stock Exchange in USA. It is located in null . Sound Point is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company conducts business under Capital Markets sector and is part of Financials industry.
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Sound Point Meridian Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Sound Point market risk premium is the additional return an investor will receive from holding Sound Point long position in a well-diversified portfolio.
| Risk Adjusted Performance | 0.0621 | |||
| Jensen Alpha | 0.0624 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.03) |
Sound Stock Against Markets
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sound Point Meridian. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.