CRNC vs. SOUN
CRNC (Cerence Inc.) and SOUN (SoundHound AI, Inc.) are both stocks. Both operate in the Software - Application industry within the Technology sector. Over the past 3 years, CRNC returned -32.58%/yr vs 36.88%/yr for SOUN. Their 0.38 correlation means their historical movements had little consistent relationship.
Performance
CRNC vs. SOUN - Performance Comparison
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Returns By Period
In the year-to-date period, CRNC achieves a -20.30% return, which is significantly higher than SOUN's -38.52% return.
CRNC
- 1D
- 2.77%
- 1M
- -20.45%
- 6M
- -24.80%
- YTD
- -20.30%
- 1Y
- 4.67%
- 3Y*
- -32.58%
- 5Y*
- -39.77%
- 10Y*
- —
- ALL TIME*
- -9.77%
SOUN
- 1D
- -0.16%
- 1M
- -6.41%
- 6M
- -27.54%
- YTD
- -38.52%
- 1Y
- -39.37%
- 3Y*
- 36.88%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -7.94%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
CRNC Cerence Inc. | $6.72M | $6.45M | $10.74M |
| $243.59M | $220.65M | $222.18M |
CRNC vs. SOUN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
CRNC Cerence Inc. | -20.30% | 36.18% | -60.07% | 6.10% | -34.87% |
SOUN SoundHound AI, Inc. | -38.52% | -49.75% | 835.85% | 19.77% | -79.70% |
Correlation
The correlation between CRNC and SOUN is 0.53, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.53 |
Correlation (3Y) Balances recent behavior with more history. | 0.47 |
Correlation (All Time) Calculated using the full available price history since Apr 28, 2022 | 0.38 |
The correlation between CRNC and SOUN shifts across timeframes, from 0.38 (all time) to 0.53 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
CRNC:
$385.00M
SOUN:
$2.67B
CRNC:
-$0.44
SOUN:
-$0.43
CRNC:
1.27
SOUN:
12.97
CRNC:
2.52
SOUN:
4.50
CRNC:
$302.14M
SOUN:
$183.99M
CRNC:
$235.95M
SOUN:
$69.84M
CRNC:
$34.08M
SOUN:
-$124.47M
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Return for Risk
CRNC vs. SOUN — Risk / Return Rank
CRNC
SOUN
CRNC vs. SOUN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cerence Inc. (CRNC) and SoundHound AI, Inc. (SOUN). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CRNC | SOUN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.51 | ||
| Sortino ratioReturn per unit of downside risk | +1.09 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 0.95 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | -0.56 | +0.54 |
| Martin ratioReturn relative to average drawdown | -0.03 | -0.79 | +0.75 |
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Drawdowns
CRNC vs. SOUN - Drawdown Comparison
The maximum CRNC drawdown since its inception was -98.22%, roughly equal to the maximum SOUN drawdown of -93.55%. Use the drawdown chart below to compare losses from any high point for CRNC and SOUN.
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Drawdown Indicators
| CRNC | SOUN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.22% | -93.55% | -4.67% |
Max Drawdown (1Y)Largest decline over 1 year | -55.92% | -73.36% | +17.44% |
Max Drawdown (3Y)Largest decline over 3 years | -91.15% | -76.48% | -14.67% |
Max Drawdown (5Y)Largest decline over 5 years | -98.02% | — | — |
Current DrawdownCurrent decline from peak | -93.61% | -74.70% | -18.91% |
Average DrawdownAverage peak-to-trough decline | -63.70% | -67.12% | +3.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.24% | 51.67% | -23.43% |
Volatility
CRNC vs. SOUN - Volatility Comparison
Cerence Inc. (CRNC) has a higher volatility of 20.56% compared to SoundHound AI, Inc. (SOUN) at 17.54%. This indicates that CRNC's price experiences larger fluctuations and is considered to be riskier than SOUN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CRNC | SOUN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 20.56% | 17.54% | +3.02% |
Volatility (6M)Calculated over the trailing 6-month period | 61.10% | 52.63% | +8.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 86.36% | 78.77% | +7.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 114.06% | 134.53% | -20.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 105.92% | 134.53% | -28.61% |
Dividends
CRNC vs. SOUN - Dividend Comparison
Neither CRNC nor SOUN has paid dividends to shareholders.
Financials
CRNC vs. SOUN - Financials Comparison
This section allows you to compare key financial metrics between Cerence Inc. and SoundHound AI, 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
Frequently Asked Questions
CRNC and SOUN have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CRNC has higher volatility (20.56%) compared to SOUN (17.54%). In terms of maximum drawdown, CRNC dropped -98.22% vs SOUN's -93.55%.
CRNC currently has the higher Sharpe Ratio (-0.01 vs -0.52), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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