Cognyte Software Stock Price on December 5, 2024
| CGNT Stock | USD 9.26 0.24 2.53% |
If you're considering investing in Cognyte Stock, it is important to understand the factors that can impact its price. As of today, the current price of Cognyte Software stands at 9.26, as last reported on the 18th of December 2024, with the highest price reaching 9.59 and the lowest price hitting 9.11 during the day. Cognyte Software appears to be somewhat reliable, given 3 months investment horizon. Cognyte Software secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. By analyzing Cognyte Software's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please makes use of Cognyte Software's Mean Deviation of 2.13, risk adjusted performance of 0.141, and Downside Deviation of 2.03 to double-check if our risk estimates are consistent with your expectations.
At this time, Cognyte Software's Common Stock is comparatively stable compared to the past year. Common Stock Total Equity is likely to gain to about 323.3 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 448.5 M in 2024. . At this time, Cognyte Software's Price Fair Value is comparatively stable compared to the past year. Cognyte Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Cognyte |
Sharpe Ratio = 0.1828
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Estimated Market Risk
| 2.93 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.53 actual daily | 10 90% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Cognyte Software is performing at about 14% 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 Cognyte Software by adding it to a well-diversified portfolio.
Price Book 3.4417 | Enterprise Value Ebitda 160.0214 | Price Sales 2.0714 | Shares Float 48.3 M | Wall Street Target Price 8.25 |
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Cognyte Software Valuation on December 5, 2024
It is possible to determine the worth of Cognyte Software on a given historical date. On December 5, 2024 Cognyte was worth 8.55 at the beginning of the trading date compared to the closed value of 8.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Cognyte Software stock. Still, in general, we apply an absolute valuation method to find Cognyte Software's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Cognyte Software where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Cognyte Software's related companies.
| Open | High | Low | Close | Volume | |
| 8.50 | 8.84 | 8.50 | 8.57 | 192,257 | |
12/05/2024 | 8.55 | 9.12 | 8.52 | 8.75 | 346,724 |
| 8.82 | 9.01 | 8.76 | 8.77 | 191,117 |
| Backtest Cognyte Software | | | Cognyte Software History | | | Cognyte Software Valuation | Previous | Next |
Cognyte Software Trading Date Momentum on December 5, 2024
| On December 06 2024 Cognyte Software was traded for 8.77 at the closing time. The top price for the day was 9.01 and the lowest listed price was 8.76 . The trading volume for the day was 191.1 K. The trading history from December 6, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 0.23% . The overall trading delta against the current closing price is 1.03% . |
Cognyte Software Fundamentals Correlations and Trends
By evaluating Cognyte Software's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Cognyte Software's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Cognyte financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Cognyte Software Stock history
Cognyte Software investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Cognyte is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cognyte Software will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Cognyte Software stock prices may prove useful in developing a viable investing in Cognyte Software
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 70.1 M | 66.6 M | |
| Net Loss | -102.7 M | -97.6 M |
Cognyte Software Quarterly Net Working Capital |
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Cognyte Software Stock Technical Analysis
Cognyte Software technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Cognyte Software Period Price Range
Low | December 18, 2024
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0.00 | 0.00 |
Cognyte Software cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Cognyte Software December 18, 2024 Market Strength
Market strength indicators help investors to evaluate how Cognyte Software stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Cognyte Software shares will generate the highest return on investment. By undertsting and applying Cognyte Software stock market strength indicators, traders can identify Cognyte Software entry and exit signals to maximize returns
Cognyte Software Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cognyte Software's price direction in advance. Along with the technical and fundamental analysis of Cognyte Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cognyte to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.141 | |||
| Jensen Alpha | 0.4644 | |||
| Total Risk Alpha | 0.2903 | |||
| Sortino Ratio | 0.2272 | |||
| Treynor Ratio | 0.5504 |
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Additional Tools for Cognyte Stock Analysis
When running Cognyte Software's price analysis, check to measure Cognyte Software'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 Cognyte Software is operating at the current time. Most of Cognyte Software's value examination focuses on studying past and present price action to predict the probability of Cognyte Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cognyte Software's price. Additionally, you may evaluate how the addition of Cognyte Software to your portfolios can decrease your overall portfolio volatility.