Conduent Stock Price on December 20, 2024

CNDT Stock  USD 4.08  0.18  4.23%   
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 4.08, as last reported on the 29th of December, with the highest price reaching 4.25 and the lowest price hitting 4.04 during the day.
IPO Date
3rd of January 2017
200 Day MA
3.6533
50 Day MA
3.9662
Beta
1.486
 
Covid
If you're considering investing in Conduent Stock, it is important to understand the factors that can impact its price. Currently, Conduent is moderately volatile. Conduent secures Sharpe Ratio (or Efficiency) of 0.0214, which signifies that the company had a 0.0214% 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 confirm Conduent's Downside Deviation of 2.79, risk adjusted performance of 0.0437, and Mean Deviation of 2.3 to double-check if the risk estimate we provide is consistent with the expected return of 0.0684%.
  
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.

Sharpe Ratio = 0.0214

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskCNDTHigh RiskHuge Risk
Negative Returns

Estimated Market Risk

 3.19
  actual daily
28
72% of assets are more volatile

Expected Return

 0.07
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Conduent is performing at about 1% 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
0.7438
Enterprise Value Ebitda
1.3367
Price Sales
0.1859
Shares Float
146.3 M
Wall Street Target Price
7

Related Headline

Fidelity National Headline on 20th of December 2024

Fidelity National Information Services had its target price raised by research analysts at Morgan Stanley from 87.00 to 92.00 in a research report issued on Wednesday,Benzinga reports. The brokerage currently has an equal weight rating on the information technology services providers stock. Morgan Stanleys price target suggests a potential upside

Conduent Valuation on December 20, 2024

It is possible to determine the worth of Conduent on a given historical date. On December 20, 2024 Conduent was worth 4.26 at the beginning of the trading date compared to the closed value of 4.41. 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
  4.28    4.35    4.22    4.33    1,798,175  
12/20/2024
  4.26    4.59    4.26    4.41    3,845,953  
  4.46    4.46    4.12    4.13    943,390  
Backtest Conduent  |  Conduent History  |  Conduent Valuation   PreviousNext  
Open Value
4.26
4.41
Closing Value
13.84
Upside

Conduent Trading Date Momentum on December 20, 2024

On December 23 2024 Conduent was traded for  4.13  at the closing time. The top price for the day was 4.46  and the lowest listed price was  4.12 . The trading volume for the day was 943.4 K. The trading history from December 23, 2024 was a factor to the next trading day price decrease. The overall trading delta against the next closing price was 6.35% . The overall trading delta against the current closing price is 4.31% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding216.8 M231 M
Net Loss-163.8 M-172 M

Conduent Quarterly Net Working Capital

618 Million

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.
A focus of Conduent technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Conduent trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Conduent Period Price Range

Low
December 29, 2024
0.00  NaN%
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 29, 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.

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.