ENVB vs. SOUN
Compare and contrast key facts about Enveric Biosciences Inc (ENVB) and SoundHound AI Inc (SOUN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ENVB or SOUN.
Correlation
The correlation between ENVB and SOUN is 0.11, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ENVB vs. SOUN - Performance Comparison
Key characteristics
ENVB:
-0.68
SOUN:
2.63
ENVB:
-1.62
SOUN:
3.59
ENVB:
0.80
SOUN:
1.43
ENVB:
-0.87
SOUN:
4.50
ENVB:
-1.34
SOUN:
9.67
ENVB:
64.91%
SOUN:
39.52%
ENVB:
128.10%
SOUN:
145.26%
ENVB:
-100.00%
SOUN:
-93.55%
ENVB:
-100.00%
SOUN:
-54.75%
Fundamentals
ENVB:
$3.08M
SOUN:
$6.00B
ENVB:
-$36.53
SOUN:
-$0.25
ENVB:
$0.00
SOUN:
$50.15M
ENVB:
-$170.19K
SOUN:
$27.00M
ENVB:
-$6.20M
SOUN:
-$84.11M
Returns By Period
In the year-to-date period, ENVB achieves a -70.24% return, which is significantly lower than SOUN's -44.73% return.
ENVB
-70.24%
-70.12%
-78.28%
-87.30%
-79.15%
N/A
SOUN
-44.73%
-21.06%
120.62%
191.62%
N/A
N/A
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Risk-Adjusted Performance
ENVB vs. SOUN — Risk-Adjusted Performance Rank
ENVB
SOUN
ENVB vs. SOUN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Enveric Biosciences Inc (ENVB) and SoundHound AI Inc (SOUN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
ENVB vs. SOUN - Dividend Comparison
Neither ENVB nor SOUN has paid dividends to shareholders.
Drawdowns
ENVB vs. SOUN - Drawdown Comparison
The maximum ENVB drawdown since its inception was -100.00%, which is greater than SOUN's maximum drawdown of -93.55%. Use the drawdown chart below to compare losses from any high point for ENVB and SOUN. For additional features, visit the drawdowns tool.
Volatility
ENVB vs. SOUN - Volatility Comparison
Enveric Biosciences Inc (ENVB) has a higher volatility of 62.92% compared to SoundHound AI Inc (SOUN) at 44.46%. This indicates that ENVB's price experiences larger fluctuations and is considered to be riskier than SOUN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ENVB vs. SOUN - Financials Comparison
This section allows you to compare key financial metrics between Enveric Biosciences Inc and SoundHound AI Inc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities