Cerence Stock Performance
| CRNC Stock | USD 19.33 11.40 143.76% |
Cerence holds a performance score of 14 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 2.89, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Cerence will likely underperform. Use Cerence sortino ratio, semi variance, rate of daily change, as well as the relationship between the value at risk and kurtosis , to analyze future returns on Cerence.
Risk-Adjusted Performance
14 of 100
Weak | Strong |
Good
Compared to the overall equity markets, risk-adjusted returns on investments in Cerence are ranked lower than 14 (%) 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 1.02 | Five Day Return (10.50) | Ten Year Return (68.90) | All Time Return (68.90) |
1 | Cerence EVP product technology sells shares worth 104,716 | 10/09/2024 |
2 | Disposition of 5000 shares by Thomas Beaudoin of Cerence at 3.11 subject to Rule 16b-3 | 11/01/2024 |
3 | Disposition of 13955 shares by Jennifer Salinas of Cerence at 3.59 subject to Rule 16b-3 | 11/08/2024 |
4 | These 4 Measures Indicate That Cerence Is Using Debt Extensively | 11/12/2024 |
5 | Cerence Inc Q4 2024 Earnings Call Highlights Surpassing Expectations Amidst Challenges | 11/22/2024 |
6 | Disposition of 8976 shares by Jennifer Salinas of Cerence at 7.21 subject to Rule 16b-3 | 11/25/2024 |
7 | Cerence VP corporate controller sells 4,578 in stock | 11/26/2024 |
8 | Disposition of 5000 shares by Thomas Beaudoin of Cerence at 7.36 subject to Rule 16b-3 | 12/02/2024 |
9 | Cerence AI Names Tony Rodriquez as Chief Financial Officer | 12/03/2024 |
10 | Cerence AI Announces Equity Grant to Employee Under Inducement Plan Pursuant to Nasdaq Listing Rule 5635 | 12/06/2024 |
11 | Unisys Shares Rise 30 percent Year to Date Should Investors Buy the Stock | 12/10/2024 |
12 | Shareholders in Cerence have lost 90, as stock drops 18 percent this past week | 12/16/2024 |
13 | Cerence Announces Repurchase of 27 Million of 3 percent Senior Notes Due 2025 | 12/23/2024 |
14 | Disposition of 5000 shares by Thomas Beaudoin of Cerence at 7.98 subject to Rule 16b-3 | 01/02/2025 |
| Begin Period Cash Flow | 101.2 M |
Cerence |
Cerence Relative Risk vs. Return Landscape
If you would invest 380.00 in Cerence on October 5, 2024 and sell it today you would earn a total of 1,553 from holding Cerence or generate 408.68% return on investment over 90 days. Cerence is currently generating 4.2313% in daily expected returns and assumes 23.335% 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 = 0.1813
| Best Portfolio | Best Equity | CRNC | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 23.34 actual daily | 96 96% of assets are less volatile |
Expected Return
| 4.23 actual daily | 84 84% of assets have lower returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Cerence 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 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 | 505.71 M | ||||
| Shares Outstanding | 42.99 M | ||||
| Price To Earning | 14.18 X | ||||
| Price To Book | 2.39 X | ||||
| Price To Sales | 0.94 X | ||||
| Revenue | 331.5 M | ||||
| Gross Profit | 233.71 M | ||||
| EBITDA | (561.43 M) | ||||
| Net Income | (588.08 M) | ||||
| Cash And Equivalents | 129.34 M | ||||
| Cash Per Share | 3.28 X | ||||
| Total Debt | 100.42 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 | (14.12) X | ||||
| Market Capitalization | 337.46 M | ||||
| Total Asset | 702.36 M | ||||
| Retained Earnings | (921.74 M) | ||||
| Working Capital | 48.7 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 | (1.67) | (1.59) | |
| Return On Capital Employed | (1.37) | (1.30) | |
| Return On Assets | (0.96) | (0.91) | |
| Return On Equity | (4.79) | (4.55) |
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: Disposition of 5000 shares by Thomas Beaudoin of Cerence at 7.98 subject to Rule 16b-3 |
- 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.
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