CRNC vs. SOUNW
Compare and contrast key facts about Cerence Inc. (CRNC) and SoundHound AI Inc. (SOUNW).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CRNC or SOUNW.
Correlation
The correlation between CRNC and SOUNW 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.
Performance
CRNC vs. SOUNW - Performance Comparison
Key characteristics
CRNC:
-0.25
SOUNW:
0.13
CRNC:
0.95
SOUNW:
1.41
CRNC:
1.10
SOUNW:
1.17
CRNC:
-0.54
SOUNW:
0.24
CRNC:
-0.84
SOUNW:
0.48
CRNC:
63.75%
SOUNW:
41.06%
CRNC:
211.33%
SOUNW:
152.73%
CRNC:
-98.22%
SOUNW:
-91.13%
CRNC:
-94.84%
SOUNW:
-81.94%
Fundamentals
CRNC:
-$15.27
SOUNW:
-$6.57
CRNC:
$176.24M
SOUNW:
$73.10M
CRNC:
$118.40M
SOUNW:
$35.06M
CRNC:
-$377.81M
SOUNW:
-$304.96M
Returns By Period
In the year-to-date period, CRNC achieves a -12.36% return, which is significantly higher than SOUNW's -73.57% return.
CRNC
-12.36%
-36.00%
156.72%
-52.26%
-15.56%
N/A
SOUNW
-73.57%
-35.41%
68.78%
8.72%
N/A
N/A
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Risk-Adjusted Performance
CRNC vs. SOUNW — Risk-Adjusted Performance Rank
CRNC
SOUNW
CRNC vs. SOUNW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cerence Inc. (CRNC) and SoundHound AI Inc. (SOUNW). 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. SOUNW - Dividend Comparison
Neither CRNC nor SOUNW has paid dividends to shareholders.
Drawdowns
CRNC vs. SOUNW - Drawdown Comparison
The maximum CRNC drawdown since its inception was -98.22%, which is greater than SOUNW's maximum drawdown of -91.13%. Use the drawdown chart below to compare losses from any high point for CRNC and SOUNW. For additional features, visit the drawdowns tool.
Volatility
CRNC vs. SOUNW - Volatility Comparison
The current volatility for Cerence Inc. (CRNC) is 26.03%, while SoundHound AI Inc. (SOUNW) has a volatility of 35.79%. This indicates that CRNC experiences smaller price fluctuations and is considered to be less risky than SOUNW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CRNC vs. SOUNW - 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