Cognyte Stock Performance

CGNT
 Stock
  

USD 3.13  0.06  1.88%   

The firm shows a Beta (market volatility) of 1.2524, which signifies a somewhat significant risk relative to the market. Let's try to break down what Cognyte's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Cognyte Software will likely underperform. Even though it is essential to pay attention to Cognyte Software historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Cognyte Software exposes twenty-one different technical indicators, which can help you to evaluate its performance. Cognyte Software has an expected return of -0.6%. Please be advised to confirm Cognyte Software variance, as well as the relationship between the value at risk and skewness to decide if Cognyte Software performance from the past will be repeated at some point in the near future.
  
Cognyte Performance
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Over the last 90 days Cognyte Software has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of unfluctuating performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in December 2022. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more

Structure and Payout Changes

Last Split Factor
1:5
Last Split Date
2015-04-01

Cognyte Price Channel

Quick Ratio0.99
Fifty Two Week Low2.5500
Target High Price10.00
Fifty Two Week High24.2400
Target Low Price5.00

Cognyte Software Relative Risk vs. Return Landscape

If you would invest  495.00  in Cognyte Software on August 30, 2022 and sell it today you would lose (182.00)  from holding Cognyte Software or give up 36.77% of portfolio value over 90 days. Cognyte Software is currently does not generate positive expected returns and assumes 4.9529% risk (volatility on return distribution) over the 90 days horizon. In different words, 43% of stocks are less volatile than Cognyte, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Cognyte Software is expected to under-perform the market. In addition to that, the company is 3.59 times more volatile than its market benchmark. It trades about -0.12 of its total potential returns per unit of risk. The DOW is currently generating roughly 0.1 per unit of volatility.

Cognyte Software Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Cognyte Software's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cognyte Software, and traders can use it to determine the average amount a Cognyte Software's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.1221

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Estimated Market Risk
 4.95
  actual daily
 
 43 %
of total potential
 
4343
Expected Return
 -0.6
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 0 %
of total potential
 
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Risk-Adjusted Return
 -0.12
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Based on monthly moving average Cognyte Software is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Cognyte Software by adding it to a well-diversified portfolio.

About Cognyte Software Performance

To evaluate Cognyte Software Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Cognyte Software generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Cognyte Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Cognyte Software market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Cognyte's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Cognyte Software Ltd. provides an investigative analytics software to governments and enterprises worldwide. The company was incorporated in 2020 and is headquartered in Herzliya, Israel. Cognyte Software operates under SoftwareInfrastructure classification in the United States and is traded on NASDAQ Exchange. It employs 2002 people.

Things to note about Cognyte Software

Checking the ongoing alerts about Cognyte Software for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cognyte Software help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Cognyte Software Alerts

Equity Alerts and Improvement Suggestions

Cognyte Software generated a negative expected return over the last 90 days
Cognyte Software has high historical volatility and very poor performance
The company reported the previous year's revenue of 410.86 M. Net Loss for the year was (69.46 M) with profit before overhead, payroll, taxes, and interest of 342.32 M.
Cognyte Software currently holds about 50.27 M in cash with (25.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.74.
Over 96.0% of the company shares are held by institutions such as insurance companies
Latest headline from news.google.com: Tyler Technologies Doing Well By Helping Government Do Better - Seeking Alpha
Continue to Trending Equities. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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Is Cognyte Software's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cognyte Software. If investors know Cognyte will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cognyte Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.75) 
Market Capitalization
212.4 M
Quarterly Revenue Growth YOY
(0.30) 
Return On Assets
(0.06) 
Return On Equity
(0.24) 
The market value of Cognyte Software is measured differently than its book value, which is the value of Cognyte that is recorded on the company's balance sheet. Investors also form their own opinion of Cognyte Software's value that differs from its market value or its book value, called intrinsic value, which is Cognyte Software's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cognyte Software's market value can be influenced by many factors that don't directly affect Cognyte Software's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cognyte Software's value and its price as these two are different measures arrived at by different means. Investors typically determine Cognyte Software value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cognyte Software's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.