Sonos Stock Market Value

SONO
 Stock
  

USD 19.08  0.22  1.14%   

Sonos' market value is the price at which a share of Sonos stock trades on a public exchange. It measures the collective expectations of Sonos Inc investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Sonos Inc and determine expected loss or profit from investing in Sonos over a given investment horizon. Additionally, take a look at Sonos Hype Analysis, Sonos Correlation, Sonos Valuation, Sonos Volatility, as well as analyze Sonos Alpha and Beta and Sonos Performance.
Symbol
Backtest


Is Sonos' industry 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 Sonos. If investors know Sonos 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 Sonos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.5
Market Capitalization
2.5 B
Quarterly Revenue Growth YOY
0.2
Return On Assets
0.0847
Return On Equity
0.23
The market value of Sonos Inc is measured differently than its book value, which is the value of Sonos that is recorded on the company's balance sheet. Investors also form their own opinion of Sonos' value that differs from its market value or its book value, called intrinsic value, which is Sonos' 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 Sonos' market value can be influenced by many factors that don't directly affect Sonos' 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 Sonos' value and its price as these two are different measures arrived at by different means. Investors typically determine Sonos value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonos' 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.

Sonos '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 Sonos' 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 Sonos.
0.00
05/30/2022
No Change 0.00  0.0 
In 30 days
06/29/2022
0.00
If you would invest  0.00  in Sonos on May 30, 2022 and sell it all today you would earn a total of 0.00 from holding Sonos Inc or generate 0.0% return on investment in Sonos over 30 days. Sonos is related to or competes with Apple, and Chevron Corp. Sonos, Inc., together with its subsidiaries, designs, develops, manufactures, and sells multi-room audio products in the...More

Sonos 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 Sonos' 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 Sonos Inc upside and downside potential and time the market with a certain degree of confidence.

Sonos Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Sonos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sonos' standard deviation. In reality, there are many statistical measures that can use Sonos historical prices to predict the future Sonos' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Sonos' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Sonos in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
16.3120.3124.31
Details
Intrinsic
Valuation
LowReal ValueHigh
17.3725.6029.60
Details
Naive
Forecast
LowNext ValueHigh
15.0519.0623.06
Details
6 Analysts
Consensus
LowTarget PriceHigh
40.0047.0050.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sonos. Your research has to be compared to or analyzed against Sonos' peers to derive any actionable benefits. When done correctly, Sonos' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Sonos Inc.

Sonos Inc Backtested Returns

Sonos Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had -0.14% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Sonos Inc exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Sonos coefficient of variation of (981.29), and Risk Adjusted Performance of (0.14) to confirm the risk estimate we provide.
The entity has a beta of 1.6271, which indicates a somewhat significant risk relative to the market. Let's try to break down what Sonos's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sonos will likely underperform. Even though it is essential to pay attention to Sonos Inc current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Sonos Inc exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Sonos Inc has an expected return of -0.54%. Please be advised to validate Sonos value at risk, as well as the relationship between the skewness and day median price to decide if Sonos Inc performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.14  

Insignificant reverse predictability

Sonos Inc has insignificant reverse predictability. Overlapping area represents the amount of predictability between Sonos time series from 30th of May 2022 to 14th of June 2022 and 14th of June 2022 to 29th of June 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sonos Inc price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Sonos price fluctuation can be explain by its past prices.
Correlation Coefficient-0.14
Spearman Rank Test0.27
Residual Average0.0
Price Variance0.18

Sonos Inc lagged returns against current returns

Autocorrelation, which is Sonos 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 Sonos' stock expected returns. We can calculate the autocorrelation of Sonos returns to help us make a trade decision. For example, suppose you find that Sonos stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
Share
      Timeline 

Sonos 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 Sonos stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sonos stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sonos stock over time.
 Current vs Lagged Prices 
Share
      Timeline 

Sonos Lagged Returns

When evaluating Sonos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sonos stock have on its future price. Sonos 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, Sonos autocorrelation shows the relationship between Sonos stock current value and its past values and can show if there is a momentum factor associated with investing in Sonos Inc.
 Regressed Prices 
Share
      Timeline 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Sonos without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, take a look at Sonos Hype Analysis, Sonos Correlation, Sonos Valuation, Sonos Volatility, as well as analyze Sonos Alpha and Beta and Sonos Performance. Note that the Sonos Inc information on this page should be used as a complementary analysis to other Sonos' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Sonos Stock analysis

When running Sonos Inc price analysis, check to measure Sonos' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sonos is operating at the current time. Most of Sonos' value examination focuses on studying past and present price action to predict the probability of Sonos' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Sonos' price. Additionally, you may evaluate how the addition of Sonos to your portfolios can decrease your overall portfolio volatility.
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Sonos 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.
A focus of Sonos technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sonos trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...