Cerenceinc Stock Price History
| CRNC Stock | USD 10.35 0.39 3.63% |
Below is the normalized historical share price chart for CerenceInc 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 CerenceInc stands at 10.35, as last reported on the 19th of April, with the highest price reaching 10.77 and the lowest price hitting 10.16 during the day.
If you're considering investing in CerenceInc Stock, it is important to understand the factors that can impact its price. CerenceInc secures Sharpe Ratio (or Efficiency) of -0.27, which signifies that the company had a -0.27% return per unit of risk over the last 3 months. CerenceInc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CerenceInc's Standard Deviation of 3.64, mean deviation of 2.65, and Risk Adjusted Performance of (0.13) to double-check the risk estimate we provide.
At present, CerenceInc's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. . At present, CerenceInc's Price Book Value Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Earnings To Growth Ratio is expected to grow to 0.17, whereas Price Earnings Ratio is projected to grow to (15.91). CerenceInc 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 19.3368 | 50 Day MA 14.5167 | Beta 2.459 |
CerenceInc |
Sharpe Ratio = -0.2739
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | CRNC |
Estimated Market Risk
| 3.63 actual daily | 32 68% of assets are more volatile |
Expected Return
| -0.99 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.27 actual daily | 0 Most of other assets perform better |
Based on monthly moving average CerenceInc is not performing at its full potential. However, 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 CerenceInc by adding CerenceInc to a well-diversified portfolio.
Price Book 0.761 | Enterprise Value Ebitda 14.5118 | Price Sales 1.5946 | Shares Float 40.7 M | Wall Street Target Price 21.5 |
CerenceInc Stock Price History Chart
There are several ways to analyze CerenceInc Stock price data. The simplest method is using a basic CerenceInc candlestick price chart, which shows CerenceInc 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 | January 29, 2024 | 21.07 |
| Lowest Price | April 18, 2024 | 10.35 |
CerenceInc April 19, 2024 Stock Price Synopsis
Various analyses of CerenceInc's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell CerenceInc Stock. It can be used to describe the percentage change in the price of CerenceInc from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of CerenceInc Stock.| CerenceInc Price Rate Of Daily Change | 0.96 | |
| CerenceInc Price Action Indicator | (0.31) | |
| CerenceInc Price Daily Balance Of Power | (0.64) |
CerenceInc April 19, 2024 Stock Price Analysis
CerenceInc Stock Price History Data
The price series of CerenceInc for the period between Sat, Jan 20, 2024 and Fri, Apr 19, 2024 has a statistical range of 10.72 with a coefficient of variation of 16.61. The prices are distributed with arithmetic mean of 15.84. The median price for the last 90 days is 14.9.| Open | High | Low | Close | Volume | ||
04/19/2024 | 10.77 | 10.77 | 10.16 | 10.35 | ||
| 04/18/2024 | 10.77 | 10.77 | 10.16 | 10.35 | 546,149 | |
| 04/17/2024 | 11.28 | 11.37 | 10.72 | 10.74 | 711,872 | |
| 04/16/2024 | 11.96 | 11.96 | 11.25 | 11.26 | 514,233 | |
| 04/15/2024 | 13.31 | 13.31 | 11.95 | 12.11 | 560,078 | |
| 04/12/2024 | 13.52 | 13.59 | 13.14 | 13.36 | 315,791 | |
| 04/11/2024 | 13.19 | 14.03 | 13.19 | 13.68 | 357,785 | |
| 04/10/2024 | 13.95 | 13.95 | 12.99 | 13.14 | 491,653 | |
| 04/09/2024 | 14.05 | 14.46 | 14.05 | 14.40 | 219,104 | |
| 04/08/2024 | 14.34 | 14.46 | 13.95 | 14.07 | 324,967 | |
| 04/05/2024 | 14.41 | 14.41 | 14.09 | 14.25 | 303,044 | |
| 04/04/2024 | 14.97 | 15.10 | 14.40 | 14.41 | 220,928 | |
| 04/03/2024 | 14.81 | 14.83 | 14.40 | 14.71 | 270,016 | |
| 04/02/2024 | 15.02 | 15.12 | 14.81 | 14.91 | 295,619 | |
| 04/01/2024 | 15.80 | 15.80 | 15.05 | 15.36 | 398,832 | |
| 03/28/2024 | 15.50 | 15.87 | 15.48 | 15.75 | 403,157 | |
| 03/27/2024 | 14.53 | 15.50 | 14.50 | 15.50 | 314,720 | |
| 03/26/2024 | 14.59 | 14.59 | 14.27 | 14.43 | 341,304 | |
| 03/25/2024 | 14.66 | 14.73 | 14.38 | 14.40 | 235,205 | |
| 03/22/2024 | 14.95 | 15.07 | 14.63 | 14.66 | 368,058 | |
| 03/21/2024 | 15.12 | 15.34 | 14.79 | 15.04 | 353,298 | |
| 03/20/2024 | 14.41 | 15.02 | 14.14 | 14.90 | 252,456 | |
| 03/19/2024 | 14.26 | 14.83 | 14.17 | 14.45 | 355,579 | |
| 03/18/2024 | 14.71 | 15.00 | 14.27 | 14.41 | 428,781 | |
| 03/15/2024 | 14.55 | 14.88 | 14.50 | 14.80 | 1,515,700 | |
| 03/14/2024 | 15.15 | 15.15 | 14.35 | 14.62 | 428,609 | |
| 03/13/2024 | 15.18 | 15.53 | 15.13 | 15.15 | 403,024 | |
| 03/12/2024 | 14.86 | 15.31 | 14.79 | 15.25 | 472,801 | |
| 03/11/2024 | 14.09 | 14.83 | 14.00 | 14.81 | 373,749 | |
| 03/08/2024 | 14.29 | 14.55 | 13.92 | 14.06 | 592,917 | |
| 03/07/2024 | 14.14 | 14.28 | 14.00 | 14.09 | 394,925 | |
| 03/06/2024 | 14.12 | 14.20 | 13.83 | 14.01 | 484,521 | |
| 03/05/2024 | 14.61 | 14.65 | 13.93 | 14.00 | 588,510 | |
| 03/04/2024 | 14.83 | 15.01 | 14.41 | 14.64 | 536,988 | |
| 03/01/2024 | 14.90 | 15.14 | 14.67 | 14.82 | 514,587 | |
| 02/29/2024 | 14.92 | 15.27 | 14.83 | 14.90 | 593,940 | |
| 02/28/2024 | 14.69 | 14.81 | 14.50 | 14.63 | 328,665 | |
| 02/27/2024 | 14.76 | 15.10 | 14.60 | 14.86 | 440,148 | |
| 02/26/2024 | 14.10 | 14.74 | 14.03 | 14.57 | 466,185 | |
| 02/23/2024 | 14.43 | 14.64 | 14.11 | 14.15 | 405,245 | |
| 02/22/2024 | 15.00 | 15.04 | 14.41 | 14.53 | 467,922 | |
| 02/21/2024 | 15.18 | 15.31 | 14.49 | 14.72 | 597,171 | |
| 02/20/2024 | 15.33 | 15.60 | 14.96 | 15.43 | 962,625 | |
| 02/16/2024 | 15.91 | 16.00 | 15.55 | 15.57 | 438,896 | |
| 02/15/2024 | 15.86 | 16.07 | 15.37 | 15.98 | 532,763 | |
| 02/14/2024 | 15.67 | 15.93 | 15.42 | 15.58 | 504,490 | |
| 02/13/2024 | 15.88 | 16.04 | 15.20 | 15.42 | 815,644 | |
| 02/12/2024 | 16.74 | 16.83 | 16.22 | 16.53 | 571,572 | |
| 02/09/2024 | 15.94 | 17.02 | 15.80 | 16.67 | 974,261 | |
| 02/08/2024 | 16.05 | 16.05 | 15.52 | 15.80 | 897,737 | |
| 02/07/2024 | 18.18 | 18.30 | 15.77 | 15.96 | 1,939,086 | |
| 02/06/2024 | 20.71 | 21.67 | 18.55 | 18.58 | 754,294 | |
| 02/05/2024 | 20.05 | 20.35 | 19.68 | 20.00 | 397,076 | |
| 02/02/2024 | 19.94 | 20.49 | 19.73 | 20.39 | 346,994 | |
| 02/01/2024 | 20.18 | 20.64 | 19.68 | 20.19 | 542,413 | |
| 01/31/2024 | 20.37 | 20.77 | 19.99 | 20.02 | 400,784 | |
| 01/30/2024 | 20.92 | 21.04 | 20.49 | 20.53 | 232,419 | |
| 01/29/2024 | 20.49 | 21.10 | 20.29 | 21.07 | 225,913 | |
| 01/26/2024 | 20.95 | 21.22 | 20.58 | 20.59 | 398,872 | |
| 01/25/2024 | 20.85 | 21.10 | 20.71 | 20.91 | 264,252 | |
| 01/24/2024 | 20.94 | 21.00 | 20.58 | 20.63 | 225,038 |
About CerenceInc Stock history
CerenceInc 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 CerenceInc is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CerenceInc 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 CerenceInc stock prices may prove useful in developing a viable investing in CerenceInc
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 46.2 M | 41.3 M | |
| Net Loss | -279.7 M | -265.8 M |
CerenceInc Quarterly Net Working Capital |
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CerenceInc Stock Technical Analysis
CerenceInc 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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CerenceInc Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CerenceInc's price direction in advance. Along with the technical and fundamental analysis of CerenceInc Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CerenceInc 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 | (0.13) | |||
| Jensen Alpha | (0.98) | |||
| Total Risk Alpha | (1.18) | |||
| Treynor Ratio | (0.34) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CerenceInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade CerenceInc Stock refer to our How to Trade CerenceInc Stock guide.You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for CerenceInc Stock analysis
When running CerenceInc's price analysis, check to measure CerenceInc'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 CerenceInc is operating at the current time. Most of CerenceInc's value examination focuses on studying past and present price action to predict the probability of CerenceInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CerenceInc's price. Additionally, you may evaluate how the addition of CerenceInc to your portfolios can decrease your overall portfolio volatility.
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Is CerenceInc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CerenceInc. If investors know CerenceInc will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CerenceInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.10) | Earnings Share (0.82) | Revenue Per Share 8.617 | Quarterly Revenue Growth 0.654 | Return On Assets 0.02 |
The market value of CerenceInc is measured differently than its book value, which is the value of CerenceInc that is recorded on the company's balance sheet. Investors also form their own opinion of CerenceInc's value that differs from its market value or its book value, called intrinsic value, which is CerenceInc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CerenceInc's market value can be influenced by many factors that don't directly affect CerenceInc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CerenceInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if CerenceInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CerenceInc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.