CYREN Story

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CYRN -- USA Stock  

USD 0.88  0.05  5.38%

In general, we focus on analyzing CYREN (NASDAQ:CYRN) price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build CYREN daily price indicators and compare them against related drivers. My story will outline CYREN. We will evaluate why we are still confident in anticipation of a recovery.
Published over a month ago
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Is CYREN (NASDAQ:CYRN) gaining more confidence from institutional investors?
CYREN holds a performance score of 10 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of -0.4034, which signifies possible diversification benefits within a given portfolio. Let's try to break down what CYREN's beta means in this case. As returns on the market increase, returns on owning CYREN are expected to decrease at a much lower rate. During the bear market, CYREN is likely to outperform the market. Although it is vital to follow CYREN historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. Our philosophy in foreseeing future performance of any stock is to look not only at its past charts but also at the business as a whole, including all fundamental and technical indicators. To evaluate if CYREN expected return of 1.23 will be sustainable into the future, we have found twenty-one different technical indicators, which can help you to check if the expected returns are sustainable. Use CYREN standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to analyze future returns on CYREN.
The successful prediction of CYREN stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as CYREN, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of CYREN based on CYREN hews, social hype, general headline patterns, and widely used predictive technical indicators. We also calculate exposure to CYREN's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to CYREN's related companies.

Watch out for price decline

Please consider monitoring CYREN on a daily bases if you are holding a position in it. CYREN is trading at a penny-stock level, and the possibility of delisting is much higher compared to other equities. However, just because the stock is trading under one dollar, does not mean it will be marked for deletion. Most exchanges require public instruments, such as CYREN stock to be traded above the $1 level to remain listed. If CYREN stock price falls below $1 for 30 consecutive trading days, the exchange can delist it. Once the company reaches this point, they will be sent an initial price violation notice directly from an exchange.

Use Technical Analysis to project CYREN expected Price

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

How CYREN utilizes its cash?

To perform a cash flow analysis of CYREN, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash CYREN is receiving and how much cash it distributes out in a given period. The CYREN cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. CYREN Net Cash Flow from Operations is quite stable at the moment as compared to the past year. The company's current value of Net Cash Flow from Operations is estimated at (7.06 Million)

CYREN exotic insider transaction detected

Legal trades by CYREN insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
CYREN insider trading alert for general transaction of ordinary shares by Lior Kohavi, Chief Technology Officer, on 12th of August 2020. This event was filed by Cyren Ltd with SEC on 2019-02-19. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Breaking it down a bit more

The company reported the previous year's revenue of 38.38 M. Net Loss for the year was (16.19 M) with profit before overhead, payroll, taxes, and interest of 23.06 M.

Deferred Revenue Breakdown

CYREN Deferred Revenue yearly trend continues to be quite stable with very little volatility. The value of Deferred Revenue is projected to decrease to about 7.9 M. Deferred Revenue usually refers to a component of Total Liabilities representing the carrying amount of consideration received or receivable on potential earnings that were not recognized as revenue; including sales; license fees; and royalties; but excluding interest income. CYREN Deferred Revenue is quite stable at the moment as compared to the past year. The company's current value of Deferred Revenue is estimated at 7.95 Million
2013
2014
2015
2016
2017
2018
2019
2020
20136.14 Million
20145.14 Million
20154.09 Million
20166.4 Million
20175.56 Million
20186.28 Million
20199.16 Million
20207.95 Million

Over 3 percent rise for CYREN. What does it mean for institutional investors?

The coefficient of variation is down to 684.47 as of today. CYREN is displaying above-average volatility over the selected time horizon. Investors should scrutinize CYREN independently to ensure intended market timing strategies are aligned with expectations about CYREN volatility.

Our Final Take On CYREN

Whereas some other companies within the security software & services industry are still a little expensive, even after the recent corrections, CYREN may offer a potential longer-term growth to institutional investors. To summarize, as of the 12th of August 2020, our primary 30 days buy-or-sell advice on the company is Cautious Hold. We believe CYREN is undervalued with quite high probability of bankruptcy for the next two years.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of CYREN. Please refer to our Terms of Use for any information regarding our disclosure principles.

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