Soundhound Ai Stock Alpha and Beta Analysis
| SOUN Stock | USD 8.03 0.22 2.67% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as SoundHound AI. It also helps investors analyze the systematic and unsystematic risks associated with investing in SoundHound over a specified time horizon. Remember, high SoundHound's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to SoundHound's market risk premium analysis include:
Beta 2.87 | Alpha 0.59 | Risk 5.95 | Sharpe Ratio 0.16 | Expected Return 0.97 |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
SoundHound |
SoundHound Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. SoundHound market risk premium is the additional return an investor will receive from holding SoundHound long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SoundHound. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate SoundHound's performance over market.| α | 0.59 | β | 2.87 |
SoundHound expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of SoundHound's Buy-and-hold return. Our buy-and-hold chart shows how SoundHound performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.SoundHound Market Price Analysis
Market price analysis indicators help investors to evaluate how SoundHound stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SoundHound shares will generate the highest return on investment. By understating and applying SoundHound stock market price indicators, traders can identify SoundHound position entry and exit signals to maximize returns.
SoundHound Return and Market Media
The median price of SoundHound for the period between Wed, Aug 28, 2024 and Tue, Nov 26, 2024 is 4.98 with a coefficient of variation of 16.27. The daily time series for the period is distributed with a sample standard deviation of 0.87, arithmetic mean of 5.33, and mean deviation of 0.65. The Stock received a lot of media exposure during the period. Price Growth (%) |
| Timeline |
1 | SoundHound AI, Inc. Sees a More Significant Dip Than Broader Market Some Facts to Know | 10/22/2024 |
2 | Ballard Power Systems Reports Q3 Loss, Misses Revenue Estimates | 11/05/2024 |
3 | SoundHound AI Shares Decline Despite Earnings Beat | 11/13/2024 |
4 | SoundHound AI Surpassing Q3 Expectations, Expanding into New Verticals with Strategic AI Growth | 11/14/2024 |
5 | Should You Buy SoundHound Stock Right Now | 11/15/2024 |
6 | SoundHound AI Shares Down 2.7 percent Time to Sell | 11/18/2024 |
7 | Is SoundHound AI Stocks 14.43X PS Still Worth It Buy, Sell or Hold | 11/19/2024 |
8 | Whats Going on With SoundHound Stock | 11/20/2024 |
9 | Is This a Sign That SoundHound AI Is Becoming a Safer Stock to Buy | 11/21/2024 |
10 | Analyst Says This Most Undervalued AI Stock Can Reach a 1 Trillion Valuation | 11/22/2024 |
About SoundHound Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including SoundHound or other stocks. Alpha measures the amount that position in SoundHound AI has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 1.75 | 3.43 | 6.84 | 7.18 | Days Of Inventory On Hand | 147.05 | 95.59 | 86.03 | 64.7 |
SoundHound Upcoming Company Events
As portrayed in its financial statements, the presentation of SoundHound's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, SoundHound's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of SoundHound's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of SoundHound. Please utilize our Beneish M Score to check the likelihood of SoundHound's management manipulating its earnings.
| 5th of March 2024 Upcoming Quarterly Report | View | |
| 9th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 5th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Check out SoundHound Backtesting, SoundHound Valuation, SoundHound Correlation, SoundHound Hype Analysis, SoundHound Volatility, SoundHound History and analyze SoundHound Performance. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
SoundHound 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.