Conduent Stock Price on November 20, 2024
CNDT Stock | USD 4.41 0.08 1.85% |
Below is the normalized historical share price chart for Conduent extending back to December 13, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Conduent stands at 4.41, as last reported on the 21st of December, with the highest price reaching 4.59 and the lowest price hitting 4.26 during the day.
If you're considering investing in Conduent Stock, it is important to understand the factors that can impact its price. Conduent appears to be moderately volatile, given 3 months investment horizon. Conduent secures Sharpe Ratio (or Efficiency) of 0.0876, which signifies that the company had a 0.0876% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Conduent, which you can use to evaluate the volatility of the firm. Please makes use of Conduent's Mean Deviation of 2.22, risk adjusted performance of 0.0659, and Downside Deviation of 2.55 to double-check if our risk estimates are consistent with your expectations.
At this time, Conduent's Common Stock Shares Outstanding is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 4.9 B in 2024, whereas Common Stock is likely to drop slightly above 1.7 M in 2024. . At this time, Conduent's Price To Sales Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 10.27 in 2024, despite the fact that Price Earnings To Growth Ratio is likely to grow to (0.04). Conduent Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of January 2017 | 200 Day MA 3.6299 | 50 Day MA 3.9422 | Beta 1.486 |
Conduent |
Sharpe Ratio = 0.0876
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Estimated Market Risk
3.09 actual daily | 27 73% of assets are more volatile |
Expected Return
0.27 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Conduent is performing at about 6% 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 Conduent by adding it to a well-diversified portfolio.
Price Book 0.7894 | Enterprise Value Ebitda 1.3814 | Price Sales 0.1973 | Shares Float 146.3 M | Wall Street Target Price 7 |
Conduent Valuation on November 20, 2024
It is possible to determine the worth of Conduent on a given historical date. On November 20, 2024 Conduent was worth 3.55 at the beginning of the trading date compared to the closed value of 3.59. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Conduent stock. Still, in general, we apply an absolute valuation method to find Conduent'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 Conduent where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Conduent's related companies.
Open | High | Low | Close | Volume | |
3.62 | 3.67 | 3.49 | 3.56 | 1,645,915 | |
11/20/2024 | 3.55 | 3.60 | 3.47 | 3.59 | 742,578 |
3.59 | 3.69 | 3.58 | 3.64 | 970,272 |
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Conduent Trading Date Momentum on November 20, 2024
On November 21 2024 Conduent was traded for 3.64 at the closing time. The top price for the day was 3.69 and the lowest listed price was 3.58 . The trading volume for the day was 970.3 K. The trading history from November 21, 2024 was a factor to the next trading day price appreciation. The overall trading delta against the next closing price was 1.39% . The overall trading delta against the current closing price is 4.74% . |
Conduent Fundamentals Correlations and Trends
By evaluating Conduent'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 Conduent's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Conduent financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Conduent Stock history
Conduent 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 Conduent is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Conduent 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 Conduent stock prices may prove useful in developing a viable investing in Conduent
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 216.8 M | 231 M | |
Net Loss | -163.8 M | -172 M |
Conduent Quarterly Net Working Capital |
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Conduent Stock Technical Analysis
Conduent 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
Conduent Period Price Range
Low | December 21, 2024
| High |
0.00 | 0.00 |
Conduent 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.
Conduent December 21, 2024 Market Strength
Market strength indicators help investors to evaluate how Conduent stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Conduent shares will generate the highest return on investment. By undertsting and applying Conduent stock market strength indicators, traders can identify Conduent entry and exit signals to maximize returns
Conduent Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Conduent's price direction in advance. Along with the technical and fundamental analysis of Conduent Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Conduent 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 | 0.0659 | |||
Jensen Alpha | 0.1757 | |||
Total Risk Alpha | 0.1319 | |||
Sortino Ratio | 0.077 | |||
Treynor Ratio | 0.1132 |
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Additional Tools for Conduent Stock Analysis
When running Conduent's price analysis, check to measure Conduent'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 Conduent is operating at the current time. Most of Conduent's value examination focuses on studying past and present price action to predict the probability of Conduent's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Conduent's price. Additionally, you may evaluate how the addition of Conduent to your portfolios can decrease your overall portfolio volatility.