Duck Creek Story

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DCT -- USA Stock  

USD 43.74  0.59  1.37%

It looks like C3Ai Inc will be up for a correction faster as its share price went up 0.71% today to Duck Creek's 0.8%As many rational traders are trying to avoid business services space, it makes sense to review Duck Creek Technologies a little further and understand how it stands against C3Ai Inc and other similar entities. We are going to break down some of the competitive aspects of both Duck Creek and C3Ai Inc.
Published over a week ago
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Our viewpoint on Duck Creek (NASDAQ:DCT) and C3Ai Inc (NYSE:AI)?
By analyzing existing fundamental indicators between Duck Creek and C3Ai Inc, you can compare the effects of market volatilities on both companies' prices and check if they can diversify away market risk if combined in one of your portfolios. You can also utilize pair trading strategies for matching a long position in C3Ai Inc with a short position in Duck Creek. Check out our pair correlation module for more information.

Let's begin by analyzing the assets.
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Duck Creek has an asset utilization ratio of 6.17 percent. This implies that the company is making $0.0617 for each dollar of assets. An increasing asset utilization means that Duck Creek Technologies is more efficient with each dollar of assets it utilizes for everyday operations.
Out of tens of thousands of stocks, funds, and ETFs that trade on global exchanges each represent an individual company which you can analyze using comparative analysis. To determine which one of the two companies, such as Duck Creek or C3Ai Inc is a better fit for your portfolio, analyzing a few basic fundamental indicators is a good first step.

How important is Duck Creek's Liquidity

Duck Creek financial leverage refers to using borrowed capital as a funding source to finance Duck Creek Technologies ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Duck Creek financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Duck Creek's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Duck Creek, but it might be worth checking our own buy vs. sell analysis

Correlation Between Duck Creek and C3Ai Inc Cl

In general, stock analysis is a method for investors and traders to make individual buying and selling decisions. Stock correlation analysis is also essential because it can help investors realize that they may not be as diversified as they think. Risk management strategies are usually required to make sure all portfolios are properly aligned against their risk tolerance level. You can consider holding Duck Creek together with similar or unrelated positions with a negative correlation. For example, you can also add C3Ai Inc to your portfolio. If C3Ai Inc is not perfectly correlated to Duck Creek it will diversify some of the market risks out of the positively correlated stocks in your portfolio. However, the disadvantage of this sort of hedging is that it can potentially affect your investment returns throughout market cycles. When Duck Creek for example, for example, performs excellent and delivers stable returns, the negatively correlated position you locked in as a hedge may drag your returns down.
Please check pair correlation details between DCT and AI for more information.

Is Duck Creek valued wisely by the market?

Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include product or services discounts, promotions, as well as early payments on invoices or services rendered in advance.

Revenue Breakdown

Let me take a closer look at Duck Creek revenue. Based on the latest financial disclosure, Duck Creek Technologies reported 224.01 M of revenue. This is 94.5% lower than that of the sector and significantly higher than that of the Revenue industry. The revenue for all United States stocks is 97.63% higher than that of Duck Creek. As for C3Ai Inc we see revenue of 172.55 M, which is much higher than that of the null

Duck Creek224.01 Million
Sector0.0
C3Ai Inc172.55 Million
224 M
Duck Creek
Sector
172.6 M
C3Ai Inc

Duck Creek has 82 percent odds to go over $44 this year

Duck Creek newest potential upside boosts over 5.52. Duck Creek Technologies shows above-average downside volatility for the selected time horizon. We advise investors to inspect Duck Creek Technologies further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Duck Creek future alpha. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Duck Creek's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Duck Creek's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Our Final Takeaway

Whereas many of the other players in the software?application industry are either recovering or due for a correction, Duck Creek may not be performing as strong as the other in terms of long-term growth potentials. To summarize, as of the 5th of April 2021, we believe Duck Creek is currently fairly valued. It follows the market closely and projects below average probability of distress in the next two years. However, our primary 30 days buy-sell recommendation on the firm is Sell.

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 Vlad Skutelnik do not own shares of Duck Creek Technologies. Please refer to our Terms of Use for any information regarding our disclosure principles.

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