Cerence Stock Performance
| CRNC Stock | USD 5.83 3.01 106.74% |
Cerence holds a performance score of 8 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 1.08, which signifies a somewhat significant risk relative to the market. Cerence returns are very sensitive to returns on the market. As the market goes up or down, Cerence is expected to follow. Use Cerence kurtosis, and the relationship between the value at risk and rate of daily change , to analyze future returns on Cerence.
Risk-Adjusted Performance
8 of 100
Weak | Strong |
OK
Compared to the overall equity markets, risk-adjusted returns on investments in Cerence are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. In spite of rather uncertain basic indicators, Cerence exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 89.87 | Five Day Return 70.92 | Year To Date Return (71.98) | Ten Year Return (79.02) | All Time Return (79.02) |
1 | Disposition of 5000 shares by Thomas Beaudoin of Cerence at 3.34 subject to Rule 16b-3 | 09/03/2024 |
2 | Cerence Upgraded to Strong Buy Heres What You Should Know | 09/20/2024 |
3 | Cerence Is Attractively Priced Despite Fast-paced Momentum | 10/09/2024 |
4 | Cerence Announces Equity Grant to Employee Under Inducement Plan Pursuant to Nasdaq Listing Rule 5635 | 10/11/2024 |
5 | Cerence Rises 19 percent in a Month How Should Investors Play CRNC Stock | 10/22/2024 |
6 | Disposition of 5000 shares by Thomas Beaudoin of Cerence at 3.11 subject to Rule 16b-3 | 11/01/2024 |
7 | Director Thomas Beaudoin Sells 5,000 Shares of Cerence Inc | 11/05/2024 |
8 | Kawasaki Selects Cerence to Transform the Rider Experience Across Its Motorcycle Lineup | 11/06/2024 |
9 | Disposition of 13955 shares by Jennifer Salinas of Cerence at 3.59 subject to Rule 16b-3 | 11/08/2024 |
10 | Cerence Introduces Pioneering Embedded Small Language Model, Purpose-Built for Automotive | 11/13/2024 |
11 | Cerence Q4 2024 Earnings Preview | 11/20/2024 |
| Begin Period Cash Flow | 101.2 M |
Cerence |
Cerence Relative Risk vs. Return Landscape
If you would invest 341.00 in Cerence on August 24, 2024 and sell it today you would earn a total of 242.00 from holding Cerence or generate 70.97% return on investment over 90 days. Cerence is currently generating 1.6325% in daily expected returns and assumes 15.3488% risk (volatility on return distribution) over the 90 days horizon. In different words, most equities are less risky than Cerence, and most traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Cerence Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cerence's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cerence, and traders can use it to determine the average amount a Cerence's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1064
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | CRNC | |||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 15.35 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.63 actual daily | 32 68% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Cerence is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Cerence by adding it to a well-diversified portfolio.
Cerence Fundamentals Growth
Cerence Stock prices reflect investors' perceptions of the future prospects and financial health of Cerence, and Cerence fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Cerence Stock performance.
| Return On Equity | -1.35 | ||||
| Return On Asset | 0.0377 | ||||
| Profit Margin | (1.62) % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 289.53 M | ||||
| Shares Outstanding | 41.8 M | ||||
| Price To Earning | 14.18 X | ||||
| Price To Book | 0.76 X | ||||
| Price To Sales | 0.35 X | ||||
| Revenue | 331.5 M | ||||
| Gross Profit | 233.71 M | ||||
| EBITDA | (579.94 M) | ||||
| Net Income | (588.08 M) | ||||
| Cash And Equivalents | 129.34 M | ||||
| Cash Per Share | 3.28 X | ||||
| Total Debt | 289.33 M | ||||
| Debt To Equity | 0.30 % | ||||
| Current Ratio | 1.65 X | ||||
| Book Value Per Share | 3.69 X | ||||
| Cash Flow From Operations | 17.2 M | ||||
| Earnings Per Share | (13.25) X | ||||
| Market Capitalization | 124.16 M | ||||
| Total Asset | 1.3 B | ||||
| Retained Earnings | (333.66 M) | ||||
| Working Capital | 77.63 M | ||||
| Current Asset | 78.83 M | ||||
| Current Liabilities | 105.3 M | ||||
About Cerence Performance
By analyzing Cerence's fundamental ratios, stakeholders can gain valuable insights into Cerence's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Cerence has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Cerence has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.14) | (0.16) | |
| Days Of Inventory On Hand | 23.94 | 25.14 | |
| Return On Capital Employed | (0.03) | (0.03) | |
| Return On Assets | (0.05) | (0.05) | |
| Return On Equity | (0.09) | (0.09) |
Things to note about Cerence performance evaluation
Checking the ongoing alerts about Cerence for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cerence help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Cerence is way too risky over 90 days horizon | |
| Cerence appears to be risky and price may revert if volatility continues | |
| Cerence has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 331.5 M. Net Loss for the year was (588.08 M) with profit before overhead, payroll, taxes, and interest of 233.71 M. | |
| Over 83.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from seekingalpha.com: Cerence Q4 2024 Earnings Preview |
- Analyzing Cerence's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Cerence's stock is overvalued or undervalued compared to its peers.
- Examining Cerence's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Cerence's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cerence's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cerence's stock. These opinions can provide insight into Cerence's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Cerence Stock analysis
When running Cerence's price analysis, check to measure Cerence'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 Cerence is operating at the current time. Most of Cerence's value examination focuses on studying past and present price action to predict the probability of Cerence's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cerence's price. Additionally, you may evaluate how the addition of Cerence to your portfolios can decrease your overall portfolio volatility.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |