CRNC vs. BDSX
Compare and contrast key facts about Cerence Inc. (CRNC) and Biodesix, Inc. (BDSX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CRNC or BDSX.
Correlation
The correlation between CRNC and BDSX is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CRNC vs. BDSX - Performance Comparison
Key characteristics
CRNC:
0.02
BDSX:
-0.37
CRNC:
2.04
BDSX:
-0.16
CRNC:
1.24
BDSX:
0.98
CRNC:
0.05
BDSX:
-0.23
CRNC:
0.07
BDSX:
-0.81
CRNC:
68.69%
BDSX:
27.41%
CRNC:
206.99%
BDSX:
59.24%
CRNC:
-98.22%
BDSX:
-96.88%
CRNC:
-85.51%
BDSX:
-95.26%
Fundamentals
CRNC:
$337.46M
BDSX:
$222.56M
CRNC:
-$14.12
BDSX:
-$0.37
CRNC:
$193.17M
BDSX:
$50.89M
CRNC:
$131.72M
BDSX:
$39.66M
CRNC:
-$625.55M
BDSX:
-$24.12M
Returns By Period
In the year-to-date period, CRNC achieves a 146.24% return, which is significantly higher than BDSX's -3.27% return.
CRNC
146.24%
168.47%
525.57%
3.37%
-3.34%
N/A
BDSX
-3.27%
9.63%
-5.73%
-25.25%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
CRNC vs. BDSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cerence Inc. (CRNC) and Biodesix, Inc. (BDSX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
CRNC vs. BDSX - Dividend Comparison
Neither CRNC nor BDSX has paid dividends to shareholders.
Drawdowns
CRNC vs. BDSX - Drawdown Comparison
The maximum CRNC drawdown since its inception was -98.22%, roughly equal to the maximum BDSX drawdown of -96.88%. Use the drawdown chart below to compare losses from any high point for CRNC and BDSX. For additional features, visit the drawdowns tool.
Volatility
CRNC vs. BDSX - Volatility Comparison
Cerence Inc. (CRNC) has a higher volatility of 92.87% compared to Biodesix, Inc. (BDSX) at 19.21%. This indicates that CRNC's price experiences larger fluctuations and is considered to be riskier than BDSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CRNC vs. BDSX - Financials Comparison
This section allows you to compare key financial metrics between Cerence Inc. and Biodesix, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities