Sono Group develops mainly electric vehicles with integrated solar panels. Co. is in the process of developing and commercializing a disruptive solar technology that would allow every vehicle to benefit from solar power. Co. uses this technology to create its solar and battery powered vehicle that it calls the Sion. Co. is in the process of starting to license and sell its proprietary solar technology to other manufacturers for different use cases, such as buses, trucks, camper vans, trains and even boats. Co.'s technology allows for the integration of solar cells into the body of a car, such as the Sion, and the charging of its battery through the power of the sun. The SSM YTD return is shown above.
The YTD Return on the SSM YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether SSM YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the SSM YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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