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.
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.
IPO Date 2nd of October 2019 | 200 Day MA 6.3176 | 50 Day MA 3.2405 | Beta 2.357 |
Cerence |
Sharpe Ratio = 0.1244
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | CRNC | |||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
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 Price | November 22, 2024 | 7.2 |
Lowest Price | September 17, 2024 | 2.44 |
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
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.Open | High | Low | Close | Volume | ||
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 Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 41.6 M | 41.8 M | |
Net Loss | -279.7 M | -265.8 M |
Cerence Quarterly Net Working Capital |
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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.
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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.
Risk Adjusted Performance | 0.0974 | |||
Jensen Alpha | 1.28 | |||
Total Risk Alpha | (0.66) | |||
Sortino Ratio | 0.301 | |||
Treynor Ratio | 0.4478 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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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