SOUN vs. AVDL

Last updated Jun 9, 2026

SOUN (SoundHound AI, Inc.) and AVDL (Avadel Pharmaceuticals plc) are both stocks. SOUN operates in Software - Application (Technology), while AVDL operates in Drug Manufacturers - Specialty & Generic (Healthcare). At a 0.15 correlation, their price movements are largely independent.

Performance

SOUN vs. AVDL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SoundHound AI, Inc. (SOUN) and Avadel Pharmaceuticals plc (AVDL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SOUN

• 1D: 1.35%
• 1M: -15.65%
• YTD: -24.87%
• 6M: -40.93%
• 1Y: -25.91%
• 3Y*: 35.66%
• 5Y*: —
• 10Y*: —

AVDL

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SOUN vs. AVDL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SOUN SoundHound AI, Inc.	-24.87%	-49.75%	835.85%	19.77%	-79.70%
AVDL Avadel Pharmaceuticals plc	0.42%	105.04%	-25.57%	97.21%	40.39%

Correlation

The correlation between SOUN and AVDL is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (All Time) Calculated using the full available price history since Apr 28, 2022	0.15

The correlation between SOUN and AVDL shifts across timeframes, from 0.06 (1 year) to 0.20 (3 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap SOUN : $2.54B AVDL : $2.19B
EPS SOUN : -$0.43 AVDL : -$0.00
PS Ratio SOUN : 15.98 AVDL : 8.72
PB Ratio SOUN : 5.50 AVDL : 22.31
Total Revenue (TTM) SOUN : $183.99M AVDL : $248.52M
Gross Profit (TTM) SOUN : $69.84M AVDL : $234.76M
EBITDA (TTM) SOUN : -$124.47M AVDL : $10.13M

Return for Risk

SOUN vs. AVDL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SOUN

SOUN Risk / Return Rank: 31
SOUN Sharpe Ratio Rank: 28
SOUN Sortino Ratio Rank: 32
SOUN Omega Ratio Rank: 31
SOUN Calmar Ratio Rank: 30
SOUN Martin Ratio Rank: 31

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SOUN vs. AVDL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SoundHound AI, Inc. (SOUN) and Avadel Pharmaceuticals plc (AVDL). 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.

	SOUN	AVDL	Difference
Sharpe ratio: Return per unit of total volatility	-0.32	—	—
Sortino ratio: Return per unit of downside risk	0.02	—	—
Omega ratio: Gain probability vs. loss probability	1.00	—	—
Calmar ratio: Return relative to maximum drawdown	-0.36	—	—
Martin ratio: Return relative to average drawdown	-0.58	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SOUN	AVDL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.32	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.00	—	—

Drawdowns

Drawdown Indicators

	SOUN	AVDL	Difference
Max Drawdown Largest peak-to-trough decline	-93.55%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-72.43%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-75.65%	—	—
Current Drawdown Current decline from peak	-69.09%	—	—
Average Drawdown Average peak-to-trough decline	-66.95%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	44.50%	—	—

Volatility

Volatility by Period

	SOUN	AVDL	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.06%	—	—
Volatility (6M) Calculated over the trailing 6-month period	51.57%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	80.46%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	136.34%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	136.34%	—	—

Dividends

SOUN vs. AVDL - Dividend Comparison

Neither SOUN nor AVDL has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

Frequently Asked Questions

Can I hold both SOUN and AVDL in my portfolio?

SOUN and AVDL have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.