In a recent analysis comparing OneConnect Financial Technology (NYSE:OCFT) and Sound Group (NASDAQ:SOGP), it was found that Sound Group outperformed OneConnect Financial Technology on 9 out of 13 factors. OneConnect Financial Technology was found to have a lower volatility and risk, with a beta indicating 39% less volatility than the S&P 500 compared to Sound Group’s higher volatility. However, Sound Group had higher revenue and earnings than OneConnect Financial Technology.
In terms of institutional and insider ownership, OneConnect Financial Technology had higher institutional ownership at 4.1% compared to Sound Group’s 1.6%. However, Sound Group had a higher insider ownership at 25.2%. Analyst ratings showed that OneConnect Financial Technology had a consensus target price of $7.00, suggesting a potential upside of 324.24%.
OneConnect Financial Technology provides cloud-platform-based Fintech solutions and online information services for financial institutions in China, while Sound Group operates as an audio-centric social and entertainment company focusing on building audio platforms.
Overall, while OneConnect Financial Technology may have lower volatility and higher institutional ownership, Sound Group outperformed on factors such as revenue, earnings, and insider ownership. Investors seeking a higher potential upside may find OneConnect Financial Technology more favorable based on analyst ratings.
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