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.
Performance
CRNC vs. BDSX - Performance Comparison
Returns By Period
In the year-to-date period, CRNC achieves a -63.38% return, which is significantly lower than BDSX's -30.43% return.
CRNC
-63.38%
152.63%
124.30%
-57.50%
-13.72%
N/A
BDSX
-30.43%
-18.99%
-11.72%
-14.09%
N/A
N/A
Fundamentals
| CRNC | BDSX | |
|---|---|---|
| Market Cap | $124.16M | $174.56M |
| EPS | -$13.25 | -$0.37 |
| Total Revenue (TTM) | $276.70M | $65.56M |
| Gross Profit (TTM) | $208.82M | $50.96M |
| EBITDA (TTM) | -$548.88M | -$29.62M |
Key characteristics
| CRNC | BDSX | |
|---|---|---|
| Sharpe Ratio | -0.39 | -0.25 |
| Sortino Ratio | -0.02 | 0.04 |
| Omega Ratio | 1.00 | 1.01 |
| Calmar Ratio | -0.59 | -0.15 |
| Martin Ratio | -0.88 | -0.56 |
| Ulcer Index | 65.61% | 25.04% |
| Daily Std Dev | 146.57% | 57.18% |
| Max Drawdown | -98.22% | -96.88% |
| Current Drawdown | -94.60% | -95.90% |
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Correlation
The correlation between CRNC and BDSX is 0.22, 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.
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 77.16% compared to Biodesix, Inc. (BDSX) at 30.92%. 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