SOFI TECHNOLOGIES Financials
| 6B0 Stock | 6.03 0.41 6.37% |
SOFI |
Understanding current and past SOFI TECHNOLOGIES Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of SOFI TECHNOLOGIES's financial statements are interrelated, with each one affecting the others. For example, an increase in SOFI TECHNOLOGIES's assets may result in an increase in income on the income statement.
The data published in SOFI TECHNOLOGIES's official financial statements typically reflect SOFI TECHNOLOGIES's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving SOFI TECHNOLOGIES's quantitative information. For example, before you start analyzing numbers published by SOFI accountants, it’s essential to understand SOFI TECHNOLOGIES's liquidity, profitability, and earnings quality within the context of the IT space in which it operates.
Please note, the presentation of SOFI TECHNOLOGIES's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, SOFI TECHNOLOGIES's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of SOFI TECHNOLOGIES's management manipulating its earnings.
| Instrument | Germany Stock View All |
| Exchange | Frankfurt Exchange |
| ISIN | US83406F1021 |
| Benchmark | NYSE Composite |
You should never invest in SOFI TECHNOLOGIES without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of SOFI Stock, because this is throwing your money away. Analyzing the key information contained in SOFI TECHNOLOGIES's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
SOFI TECHNOLOGIES Key Financial Ratios
There are many critical financial ratios that SOFI TECHNOLOGIES's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that SOFI TECHNOLOGIES reports annually and quarterly.| Return On Equity | -0.0627 | |||
| Return On Asset | -0.0227 | |||
| Beta | 1.38 |
SOFI Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining SOFI TECHNOLOGIES's current stock value. Our valuation model uses many indicators to compare SOFI TECHNOLOGIES value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across SOFI TECHNOLOGIES competition to find correlations between indicators driving SOFI TECHNOLOGIES's intrinsic value. More Info.SOFI TECHNOLOGIES is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the SOFI TECHNOLOGIES's earnings, one of the primary drivers of an investment's value.SOFI TECHNOLOGIES Systematic Risk
SOFI TECHNOLOGIES's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. SOFI TECHNOLOGIES volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on SOFI TECHNOLOGIES correlated with the market. If Beta is less than 0 SOFI TECHNOLOGIES generally moves in the opposite direction as compared to the market. If SOFI TECHNOLOGIES Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one SOFI TECHNOLOGIES is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of SOFI TECHNOLOGIES is generally in the same direction as the market. If Beta > 1 SOFI TECHNOLOGIES moves generally in the same direction as, but more than the movement of the benchmark.
SOFI TECHNOLOGIES Thematic Clasifications
SOFI TECHNOLOGIES is part of IT investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Information technology and IT services. Information Technology (IT) companies and IT service providers across different domains
This theme covers Information technology and IT services. Information Technology (IT) companies and IT service providers across different domains. Get More Thematic Ideas
| IT | View |
SOFI TECHNOLOGIES June 17, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of SOFI TECHNOLOGIES help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of SOFI TECHNOLOGIES. We use our internally-developed statistical techniques to arrive at the intrinsic value of SOFI TECHNOLOGIES based on widely used predictive technical indicators. In general, we focus on analyzing SOFI Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build SOFI TECHNOLOGIES's daily price indicators and compare them against related drivers.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 24.84 | |||
| Value At Risk | (6.36) | |||
| Potential Upside | 5.63 |
Complementary Tools for SOFI Stock analysis
When running SOFI TECHNOLOGIES's price analysis, check to measure SOFI TECHNOLOGIES's 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 SOFI TECHNOLOGIES is operating at the current time. Most of SOFI TECHNOLOGIES's value examination focuses on studying past and present price action to predict the probability of SOFI TECHNOLOGIES's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SOFI TECHNOLOGIES's price. Additionally, you may evaluate how the addition of SOFI TECHNOLOGIES to your portfolios can decrease your overall portfolio volatility.
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios |