SOUNW vs. CRNC
Compare and contrast key facts about SoundHound AI Inc. (SOUNW) and Cerence Inc. (CRNC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SOUNW or CRNC.
Correlation
The correlation between SOUNW and CRNC is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SOUNW vs. CRNC - Performance Comparison
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Key characteristics
SOUNW:
0.86
CRNC:
0.45
SOUNW:
2.05
CRNC:
3.00
SOUNW:
1.26
CRNC:
1.32
SOUNW:
1.31
CRNC:
0.92
SOUNW:
2.38
CRNC:
2.28
SOUNW:
46.45%
CRNC:
39.79%
SOUNW:
148.29%
CRNC:
209.56%
SOUNW:
-91.13%
CRNC:
-98.22%
SOUNW:
-70.57%
CRNC:
-92.87%
Fundamentals
SOUNW:
-$6.57
CRNC:
-$7.82
SOUNW:
0.00
CRNC:
1.63
SOUNW:
0.00
CRNC:
2.77
SOUNW:
$102.23M
CRNC:
$254.25M
SOUNW:
$45.68M
CRNC:
$178.58M
SOUNW:
-$176.86M
CRNC:
-$360.45M
Returns By Period
In the year-to-date period, SOUNW achieves a -56.92% return, which is significantly lower than CRNC's 21.15% return.
SOUNW
-56.92%
71.72%
116.52%
125.33%
N/A
N/A
CRNC
21.15%
29.56%
211.80%
94.48%
-18.07%
N/A
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Risk-Adjusted Performance
SOUNW vs. CRNC — Risk-Adjusted Performance Rank
SOUNW
CRNC
SOUNW vs. CRNC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SoundHound AI Inc. (SOUNW) and Cerence Inc. (CRNC). 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.
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Dividends
SOUNW vs. CRNC - Dividend Comparison
Neither SOUNW nor CRNC has paid dividends to shareholders.
Drawdowns
SOUNW vs. CRNC - Drawdown Comparison
The maximum SOUNW drawdown since its inception was -91.13%, smaller than the maximum CRNC drawdown of -98.22%. Use the drawdown chart below to compare losses from any high point for SOUNW and CRNC. For additional features, visit the drawdowns tool.
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Volatility
SOUNW vs. CRNC - Volatility Comparison
SoundHound AI Inc. (SOUNW) has a higher volatility of 32.25% compared to Cerence Inc. (CRNC) at 26.02%. This indicates that SOUNW's price experiences larger fluctuations and is considered to be riskier than CRNC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
SOUNW vs. CRNC - Financials Comparison
This section allows you to compare key financial metrics between SoundHound AI Inc. and Cerence 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