Cerence Stock Price History

CRNC Stock  USD 6.69  0.22  3.40%   
Below is the normalized historical share price chart for Cerence extending back to September 16, 2019. 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 Cerence stands at 6.69, as last reported on the 28th of November, with the highest price reaching 7.06 and the lowest price hitting 6.41 during the day.
IPO Date
2nd of October 2019
200 Day MA
6.3176
50 Day MA
3.2405
Beta
2.357
 
Covid
If you're considering investing in Cerence Stock, it is important to understand the factors that can impact its price. Cerence is risky given 3 months investment horizon. Cerence secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.94% are justified by taking the suggested risk. Use Cerence Downside Deviation of 5.41, mean deviation of 7.1, and Risk Adjusted Performance of 0.0974 to evaluate company specific risk that cannot be diversified away.
  
At present, Cerence's Liabilities And Stockholders Equity is projected to decrease significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 1.1 B, whereas Total Stockholder Equity is forecasted to decline to about 134 M. . At present, Cerence's Price To Operating Cash Flows Ratio is projected to decrease significantly based on the last few years of reporting. The current year's Price To Book Ratio is expected to grow to 1.04, whereas Price To Sales Ratio is forecasted to decline to 0.38. Cerence Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1244

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Estimated Market Risk

 15.6
  actual daily
96
96% of assets are less volatile

Expected Return

 1.94
  actual daily
38
62% of assets have higher returns

Risk-Adjusted Return

 0.12
  actual daily
9
91% of assets perform better
Based on monthly moving average Cerence is performing at about 9% 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.
Price Book
1.9639
Enterprise Value Ebitda
11.0419
Price Sales
0.7752
Shares Float
40.2 M
Wall Street Target Price
7

Cerence Stock Price History Chart

There are several ways to analyze Cerence Stock price data. The simplest method is using a basic Cerence candlestick price chart, which shows Cerence price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceNovember 22, 20247.2
Lowest PriceSeptember 17, 20242.44

Cerence November 28, 2024 Stock Price Synopsis

Various analyses of Cerence's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Cerence Stock. It can be used to describe the percentage change in the price of Cerence from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Cerence Stock.
Cerence Price Rate Of Daily Change 1.03 
Cerence Accumulation Distribution 192,253 
Cerence Price Action Indicator 0.07 
Cerence Price Daily Balance Of Power 0.34 

Cerence November 28, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Cerence Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Cerence intraday prices and daily technical indicators to check the level of noise trading in Cerence Stock and then apply it to test your longer-term investment strategies against Cerence.

Cerence Stock Price History Data

The price series of Cerence for the period between Fri, Aug 30, 2024 and Thu, Nov 28, 2024 has a statistical range of 4.76 with a coefficient of variation of 28.64. The prices are distributed with arithmetic mean of 3.24. The median price for the last 90 days is 3.06.
OpenHighLowCloseVolume
11/27/2024 6.58  7.06  6.41  6.69  2,088,164 
11/26/2024 6.95  7.00  6.18  6.47  3,238,940 
11/25/2024 7.57  7.73  6.70  7.06  5,957,594 
11/22/2024 5.87  7.60  5.71  7.20  17,408,739 
11/21/2024 3.40  6.41  3.39  5.83  77,517,568 
11/20/2024 3.02  3.12  2.80  2.82  941,760 
11/19/2024 2.91  3.01  2.83  2.97  918,346 
11/18/2024 3.05  3.19  2.92  2.93  1,124,435 
11/15/2024 3.13  3.15  2.96  3.05  689,607 
11/14/2024 3.15  3.28  3.09  3.14  615,607 
11/13/2024 3.42  3.42  3.18  3.18  748,761 
11/12/2024 3.41  3.55  3.24  3.37  1,014,318 
11/11/2024 3.15  3.44  3.15  3.44  1,128,800 
11/08/2024 3.21  3.24  3.04  3.12  599,453 
11/07/2024 3.18  3.30  3.13  3.20  785,026 
11/06/2024 3.22  3.39  3.08  3.18  1,105,284 
11/05/2024 3.06  3.15  3.04  3.12  617,361 
11/04/2024 3.01  3.19  3.00  3.06  702,292 
11/01/2024 3.11  3.14  3.00  3.06  575,467 
10/31/2024 3.11  3.14  2.97  3.05  962,105 
10/30/2024 3.30  3.31  3.07  3.12  748,220 
10/29/2024 3.20  3.53  3.11  3.31  1,391,252 
10/28/2024 2.97  3.31  2.97  3.24  1,277,305 
10/25/2024 2.80  2.95  2.79  2.92  754,901 
10/24/2024 2.85  3.00  2.76  2.77  979,681 
10/23/2024 2.98  3.00  2.76  2.85  1,094,963 
10/22/2024 2.98  3.04  2.93  3.00  575,858 
10/21/2024 2.95  3.05  2.90  2.99  703,167 
10/18/2024 3.13  3.19  2.94  2.96  1,043,229 
10/17/2024 3.28  3.30  3.09  3.13  864,976 
10/16/2024 3.07  3.33  3.03  3.28  1,163,514 
10/15/2024 3.25  3.30  3.07  3.08  1,115,077 
10/14/2024 3.36  3.39  3.19  3.27  1,268,521 
10/11/2024 3.26  3.45  3.23  3.37  1,083,871 
10/10/2024 3.59  3.65  3.18  3.26  1,887,740 
10/09/2024 3.72  3.92  3.48  3.67  1,799,992 
10/08/2024 3.80  4.09  3.56  3.75  5,010,863 
10/07/2024 2.90  3.90  2.87  3.80  12,331,933 
10/04/2024 2.67  2.75  2.58  2.68  868,245 
10/03/2024 2.75  2.79  2.56  2.64  1,171,447 
10/02/2024 2.93  3.02  2.77  2.77  815,148 
10/01/2024 3.13  3.15  2.91  2.97  1,375,281 
09/30/2024 2.96  3.20  2.96  3.15  2,083,422 
09/27/2024 2.75  3.08  2.70  2.95  1,537,435 
09/26/2024 2.48  2.72  2.48  2.68  1,684,526 
09/25/2024 2.60  2.61  2.43  2.44  1,299,588 
09/24/2024 2.57  2.74  2.53  2.62  2,076,045 
09/23/2024 2.50  2.57  2.43  2.51  1,234,999 
09/20/2024 2.68  2.76  2.41  2.44  6,219,454 
09/19/2024 2.63  2.75  2.54  2.68  2,834,758 
09/18/2024 2.42  2.66  2.37  2.51  1,928,333 
09/17/2024 2.60  2.74  2.40  2.44  1,991,271 
09/16/2024 2.87  2.91  2.49  2.54  1,976,204 
09/13/2024 2.84  2.97  2.84  2.90  831,779 
09/12/2024 2.88  2.92  2.76  2.81  439,029 
09/11/2024 2.73  2.91  2.68  2.87  779,125 
09/10/2024 2.93  2.95  2.65  2.75  1,096,317 
09/09/2024 2.98  3.05  2.91  2.94  587,142 
09/06/2024 2.99  3.05  2.88  2.92  686,130 
09/05/2024 3.02  3.10  2.87  2.98  843,663 
09/04/2024 3.14  3.19  3.01  3.04  614,494 

About Cerence Stock history

Cerence 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 Cerence is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cerence 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 Cerence stock prices may prove useful in developing a viable investing in Cerence
Last ReportedProjected for Next Year
Common Stock Shares Outstanding41.6 M41.8 M
Net Loss-279.7 M-265.8 M

Cerence Quarterly Net Working Capital

56.31 Million

Cerence Stock Technical Analysis

Cerence 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 Cerence technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Cerence 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...

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Cerence Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Cerence's price direction in advance. Along with the technical and fundamental analysis of Cerence Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cerence 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.

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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