Performance of CFLT Confluent | -42.9% in 12m
Compare CFLT with Indices, Sectors and Commodities ✔ like Oil, Gas, Gold, Yields and Bonds. Who outperforms?
Compare Confluent with its related Sector/Index XLK
Performance Duell CFLT vs XLK
| TimeFrame | CFLT | XLK |
|---|---|---|
| 1 Week | -7.63% | -7.45% |
| 1 Month | 4.53% | 1.66% |
| 3 Months | -24.4% | -5.03% |
| 6 Months | -41.9% | -1.25% |
| 12 Months | -42.9% | 18.32% |
| YTD | -13.7% | 9.16% |
| Rel. Perf. 1m | 0.03 | |
| Rel. Perf. 3m | -4.07 | |
| Rel. Perf. 6m | -4.66 | |
| Rel. Perf. 12m | -4.66 | |
| Spearman 1m | -0.28 | -0.03 |
| Spearman 3m | -0.83 | -0.56 |
Is Confluent a good stock to buy?
Probably not. Based on ValueRay Fundamental Analyses, Confluent (NASDAQ:CFLT) is currently (September 2024)
not a good stock to buy. It has a ValueRay Fundamental Rating of -49.77 and therefor a somewhat negative outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of CFLT as of September 2024 is 15.91. This means that CFLT is currently overvalued and has a potential downside of -18.83% (Sold with Premium).
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of CFLT as of September 2024 is 15.91. This means that CFLT is currently overvalued and has a potential downside of -18.83% (Sold with Premium).
Is CFLT a buy, sell or hold?
- Strong Buy: 18
- Buy: 8
- Hold: 6
- Sell: 1
- Strong Sell: 0
Values above 0%: CFLT is performing better - Values below 0%: CFLT is underperforming
Compare CFLT with Broad Market Indices
| Symbol | 1w | 1m | 6m | 12m | |
|---|---|---|---|---|---|
| US S&P 500 | SPY | -3.49% | 1.04% | -48.62% | -65.04% |
| US NASDAQ 100 | QQQ | -1.84% | 2.45% | -44.49% | -62.71% |
| US Dow Jones Industrial 30 | DIA | -4.81% | 0.73% | -47.24% | -61.36% |
| German DAX 40 | DBXD | -4.39% | -0.87% | -44.77% | -57.46% |
| UK FTSE 100 | ISFU | -5.38% | -1.74% | -54.26% | -61.02% |
| Shanghai Shenzhen CSI 300 | CSI 300 | -4.95% | 6.84% | -35.67% | -31.95% |
| Hongkong Hang Seng | HSI | -5.41% | -0.24% | -42.45% | -37.02% |
| Japan Nikkei 225 | EXX7 | -0.51% | -1.15% | -31.81% | -48.72% |
| India NIFTY 50 | INDA | -5.53% | 1.92% | -50.38% | -67.17% |
| Brasil Bovespa | EWZ | -5.92% | -2.35% | -33.43% | -43.10% |
CFLT Confluent vs. Sectors
| Symbol | 1w | 1m | 6m | 12m | |
|---|---|---|---|---|---|
| Communication Services | XLC | -3.56% | 3.94% | -49.31% | -67.38% |
| Consumer Discretionary | XLY | -5.11% | -0.86% | -43.93% | -48.95% |
| Consumer Staples | XLP | -8.21% | -1.54% | -53.76% | -61.01% |
| Energy | XLE | -1.86% | 5.65% | -42.26% | -40.72% |
| Financial | XLF | -4.46% | -2.19% | -51.84% | -73.60% |
| Health Care | XLV | -5.56% | 0.16% | -48.17% | -60.51% |
| Industrial | XLI | -3.39% | 1.38% | -46.15% | -63.93% |
| Materials | XLB | -2.97% | 2.94% | -44.04% | -54.51% |
| Real Estate | XLRE | -7.81% | -0.48% | -53.71% | -66.23% |
| Technology | XLK | -0.18% | 2.87% | -40.69% | -61.18% |
| Utilities | XLU | -7.13% | 0.36% | -64.06% | -66.62% |
| Aerospace & Defense | XAR | -2.42% | 0.53% | -46.41% | -69.20% |
| Biotech | XBI | -2.95% | 2.33% | -38.46% | -65.47% |
| Homebuilder | XHB | -3.23% | 1.11% | -49.78% | -80.46% |
| Retail | XRT | -2.65% | 5.04% | -38.69% | -61.51% |
Does Confluent outperform its market, is CFLT a Sector Leader?
No, over the last 12 months Confluent (CFLT) made -42.86%, while its related Sector, the Technology Sector SPDR Fund (XLK) made 18.32%.
Over the last 3 months CFLT made -24.44%, while XLK made -5.03%.
No, over the last 12 months Confluent (CFLT) made -42.86%, while its related Sector, the Technology Sector SPDR Fund (XLK) made 18.32%.
Over the last 3 months CFLT made -24.44%, while XLK made -5.03%.
| Period | CFLT | XLK | S&P 500 |
|---|---|---|---|
| 1 Month | 4.53% | 1.66% | 3.49% |
| 3 Months | -24.44% | -5.03% | 1.39% |
| 12 Months | -42.86% | 18.32% | 22.18% |