Correlation
The correlation between POET and SOUN is 0.30, 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.
POET vs. SOUN
Compare and contrast key facts about POET Technologies Inc (POET) and SoundHound AI Inc (SOUN).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: POET or SOUN.
Performance
POET vs. SOUN - Performance Comparison
Loading data...
Key characteristics
POET:
1.29
SOUN:
0.92
POET:
2.52
SOUN:
2.09
POET:
1.27
SOUN:
1.25
POET:
1.55
SOUN:
1.43
POET:
4.36
SOUN:
2.81
POET:
30.55%
SOUN:
37.68%
POET:
108.47%
SOUN:
117.78%
POET:
-93.47%
SOUN:
-93.55%
POET:
-63.26%
SOUN:
-58.27%
Fundamentals
POET:
$366.06M
SOUN:
$4.06B
POET:
-$0.82
SOUN:
-$0.61
POET:
1.84K
SOUN:
39.73
POET:
11.28
SOUN:
10.23
POET:
$61.75K
SOUN:
$102.23M
POET:
-$939.56K
SOUN:
$45.68M
POET:
-$48.54M
SOUN:
-$176.86M
Returns By Period
In the year-to-date period, POET achieves a -27.14% return, which is significantly higher than SOUN's -49.04% return.
POET
-27.14%
4.46%
-19.87%
143.54%
-8.67%
3.22%
N/A
SOUN
-49.04%
10.49%
8.59%
100.20%
9.60%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
POET vs. SOUN — Risk-Adjusted Performance Rank
POET
SOUN
POET vs. SOUN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for POET Technologies Inc (POET) 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.
Loading data...
Dividends
POET vs. SOUN - Dividend Comparison
Neither POET nor SOUN has paid dividends to shareholders.
Drawdowns
POET vs. SOUN - Drawdown Comparison
The maximum POET drawdown since its inception was -93.47%, roughly equal to the maximum SOUN drawdown of -93.55%. Use the drawdown chart below to compare losses from any high point for POET and SOUN.
Loading data...
Volatility
POET vs. SOUN - Volatility Comparison
The current volatility for POET Technologies Inc (POET) is 12.53%, while SoundHound AI Inc (SOUN) has a volatility of 31.84%. This indicates that POET experiences smaller price fluctuations and is considered to be less risky than SOUN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...
Financials
POET vs. SOUN - Financials Comparison
This section allows you to compare key financial metrics between POET Technologies 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