On this page of Benford's Law Stocks.com we present our study of Clearwater Analytics Holdings Inc. — ticker symbol CWAN. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 11/12/2021 to 11/6/2024 for Clearwater Analytics Holdings Inc. under CIK number 0001866368. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for CWAN, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Clearwater Analytics Holdings Inc. based on the past CWAN filings our system processed in the past.
29.9
18.6
11.2
10.6
8.9
5.8
5.1
5.3
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, CWAN stockholder letter ]
Total numbers found: 1,010
Recent share count: 160,483,489 (1's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
1010
Normal count compared to other filers, falling within the middle 50%. At this number count, it would take about 10 numbers to move any given column by a full percentage point.
100

Starting from a possible score of 100, we made the following score deductions:
 • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier.
Benford's Law Stocks Indicator
CWAN
High score compared to other filers, with CWAN falling in the highest 10% of filers.
CRBG
CUZ
DFS
DTB
CTVA
CVS
DE
DLB
Check our work! We provide our Clearwater Analytics Holdings Inc. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the CWAN filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 302 numbers that start with the digit 1. Here they are:
172,050,286
100,377
15,279
15,349
16,928
18,894
19,121
16,948
11,900
169,834
149,086
1,500,000,000
172,013,431
127,604,185
172
128
111,191
165,957
181,331
115,828
190,357
109,654
17,889
15,020
11,016
19,335
1,733
11,545
1
1,113
1,205
19,820
184
19,636
1,140
1,889
17,194
197,903,361
197,903,361
17,393
10,418
11,221
16,233
19,636
1,645
10
1,616
18,302
127,604,185
128
111,191
181,331
13
104
1,635,604
1
1,537
1,764
1,898
16,250,000
16
10,990,132
11
146,189,247
146
111,191
1,314
169,603
1
199,874
1
173,268
13,661,119
14
13,661,119
14
17
17
160,421,799
160
111,191
170,050
1
11
100
1
1
1
1,068
1,140
10,866,160
11
111,191
10,754,969
11
172,013,431
172
165,957
1,439,251
1
130,083,755
130
186,647
1
1,150,785
1,443
18,680
1,101
1,374
1,033
14,975,000
15
10,126,099
10
1,414,251
1
119,957,656
120
1,742
183,288
114,392
175,295
1,172
189,390
11
13
10,921
11,876
1,161
1,161
10,012,066
10
12,066
1,402,185
1
113,173,596
113
1,469
189,124
1,211,583
1,069
1,286
1,083
1,961
10
1,889
120
120
1,402,185
1
113,173,596
113
190,599
19,636
1,732
18,864
1,586
109
103,520
111,018
13,517
104
14,887
1,179
1,484
14,950,000
10,000,000
16,910,159
1.6
17,000,000
16,250,000
10,990,132
12,000,000
11,917,765
11.1
1
1
10
10
167
1.9
17,960
115,828
16,365
16,365
16,365
1,446
1,450
1,450
111
1
1,500
13,346
13,351
12,356
190
10
18,597
108,725
17
109,018
17
190,610
190,610
190,610
1,485
1,483
1,483
11
16,983
1
16,991
10,083
16,320
102,819
122
102,860
122
1.3
11,700
1,350
11,700
179
152
1.6
1.1
100,377
10,834
13,234
1,260
1.7
1.4
18.3
10,625
10,329
10,819
11,808
12,018
1,295
171
161
1,717
19,121
1,897
11.1
13.5
100.0
100.0
1,582
166,244,278
149,557,644
1,061
10,426
113,173,596
120,005,350
1,582
119
119
1,463
1,463
166,244,278
149,557,644
1,961,982
14,934
10,225,813
14,509
13,245,354
155,438
12.58
10,324,395
175,654
159,125
13,720,137
18.61
19.44
18.58
1,135,783
18.20
12,202,219
18.91
152.0
10
1.8
19,820
184
11.3
10.5
15
19,200
18,894
12,200
1,145
11,353
192
1,710
192
1,710
18,556
18,556
11,545
12,101
197
We found 188 numbers that start with the digit 2. Here they are:
27,424,288
228,694
221,765
24,635
27,683
25,752
22,554
26,132
21,495
2,750
2,750
2,581
27,424,288
27
2,909
269,149
27,013
235,912
22,626
26,268
224,896
209,692
2,290
2,617
274
2,343
2,184
2,442
219,009,124
201,582,951
216,880,515
231,467,214
201,582,951
227,768,434
26,767
27,995
25,976
2,343
2,358
252
289
20,922
2,364
2,620
2,909
25,083
28,775
21,197
24,316
227
2,236
27,424,288
27
2,482
2,795
22,205
2,800
25,005
276
27,424,288
27
23,175
2,910
26,085
27,424,288
27
2,158
2,693
23,301
273
25,000
211
2,128
2,595
23,552
28,722
2
262
216
25,329
2,358
2
2,343
209
210
24
2,561
2,662
210
2,062
2,062
2,795
2,595
25
27
221,765
250,724
228,694
205,665
2,627
2,530
25
2
20,000,000
2
2
289
2.3
2.1
2.8
265,912
220,967
21,311
269,149
211,334
211,334
211,334
24,670
2,404
228,694
24,247
24,247
24,247
2
20
23,843
2
22
23,823
23,823
21,495
221,765
21,495
28,237
28,237
28,451
25,829
21,832
26,132
263
2,109
2,772
24,635
27,683
22.7
2,766
2,945
2,288
2,410
2,581
2.3
2,132
26,927
219,563,188
210,560,162
27,424,288
246,987,476
243,355,509
2,755
2,755
2,672,525
231,467,214
227,768,433
27,498,012
27,522,899
2,923,756
21,583
27,503,262
27,997,297
2,331,531
278,519
25,000
2
2,617
274
23,249
248
22
2,167
28,828
28,828
257
26
296
27,424,288
232
28.8
2.7
We found 113 numbers that start with the digit 3. Here they are:
34,014
30,889
3,062
32,684,156
33
354,329
325,338
31,357
36,618
32,250
3,629
3,460
3,346
3,905
30,357
3,892
378
3,858
32,684,156
33
3,344,058
3
3
3,691
3,119
338
3,824
313
3,458
3,892
336
378
3,629
338,386
33
362
362
353,465
334,226
398
320
3,215,940
3
39,337,746
39
370,726
30,454
397
39,337,746
39
391,435
3,573
3,563
3,076
3,416
3,763
3,009
35
3,889
3,838
30,212,119
325,338
34,453
34,558
3,905
3,904
34,149
3,009
3,009
3,009
310
30,889
336,424
310
336,717
30,889
31,677
3,004
3,004
3,004
317,676
317,717
325
350
36,183
360
326
34,014
3,997
377
331
30,686
3.2
309
3,889
3,415
3,164
30,150
3,223
3,637
32,795,347
3,514
3,514
3,629
33,541
377,770
30,149
3.7
3,699,056
308,106
377
3.3
3.3
4's 5's 6's
We found 107 numbers that start with the digit 4. Here they are:
47,549,757
430,840
415,996
45,338
4,238
49,535
43,830
45,828
47,549,757
48
4,626
403,247
453,619
409,657
49,369
44,049
4,422
4,283
486
4,769
454
4,010
44,675
4,769
4,711
409,657
45,547
406,215
482
4,307
429
483
430
48,064
428,671
434
42
4,769
464
464
47,549,757
48
4,626
453,619
47,377,587
47
455,320
4,621
41
4,384
4,823,901
42,553,686
43
470,326
486
467
495,444
468,830
454
414
414
4,219
4,437
4,062
40,121
4,465
42,663
42,525
45,059
451
4
48,182
4
4,387
47,951
45
47,997
40.1
412
40,121
45,338
42,807
4,526
4,149
4,553
4.1
46,595
49,489
45,805
4,755
4,644
4.6
4.1
4,149
4,679
456
49,535
4,738
4.72
40,739,931
43,964,990
4,081,191
4
4,283
486
490
417
We found 90 numbers that start with the digit 5. Here they are:
5,440
558,743
5,518
500,000,000
500,000,000
500,000,000
564,331
532,507
50,372
55,328
558,743
5,887
5,344
566
505
5,096
532,507
55,328
58
505
505
5,259,868
5
528,712
5
54
53
58,304,726
58
549,580
537,259
564,331
50,372
534
5,832
5,417
5
5,170
58
5,085
5,085
5,357
5,125
516,485
500
5,667
524
5,950
54,772
5
5,259,868
560
59,426
5
52,566
52,746
5,175
552
585
5,938
5,237
51,151
5,677
5,356
5,518
5.80
52,764,846
55
55
5,096
52,764,846
52,764,846
52,764,846
5,250
5,425,091
53,911,083
59,095,139
589,428
505
5,152
55
547
52
52
5,344
566
556
5,601
592
539,172
We found 59 numbers that start with the digit 6. Here they are:
6,172
6,439
6,347
623,453
60,680
6,551
623,453
67,651
65,873
6,191
6,112
6,775
6,768
6,813
626,608
66
6
638,679
60
679,741
697
697
61,148,890
61
609
68,865
661,451
64,444
6,784,060
62,696
6,440
65,807
6,900
6,171
6,122
60,505
6,929
6,653,590
6
6,908
6,908
686
6,074
6,883
6,691
6,254
60,680
6.9
6,676
67,322,871
6,768
67,322,871
67,322,871
67,322,871
69,200,278
6,775
6,112
6,408
69.2
7's 8's 9's
We found 52 numbers that start with the digit 7. Here they are:
77,134
74,457
74,160
7,806
78,792
75,445
77,133
73,538
7,338
7,280
75,059
7,280
7,423
71,965,845
72
7
706
776
776
790,873
7,275
7,743
7,743
77,404,097
77
7
710,651
7,280
7,336
75,059
7,875
780
706
7
76,704
77,134
77,134
74,457
74,457
74,160
7,732
701
7,806
77,898,011
7.53
7,552,185
7.5
7,823
72.5
72.5
72.5
72.5
We found 54 numbers that start with the digit 8. Here they are:
80,792
82,955,977
83
89,426
84,471
8,837
8,674
82,126
853
82,955,977
83
8
836,970
832
867,954
89
8,513
8
88
87,878,876
88
8
88,848,638
89
8,730
82,126
89
86,867
8,039,841
88.9
80
80
8,793
8,906
8,936
8,356
88.9
86.5
874
828
88,409,355
874
819
819
8,911,002
8.31
8.24
8.00
85
85
82
82
81.6
81.6
We found 45 numbers that start with the digit 9. Here they are:
92,091
92,402
94,664
90,198
971
9,879
9,937
997
9,039
9,177
91
9,830
9,830
9,581
961
955
901
9,934
93,968
95,613
9,924
986
94,517
94,664
9,888
995
995
9,553
9,562
9
91
9,100
900
92,091
959
9,463
9,752,024
96,628
9,690,549
9,225,702
9
9
9
9.0
9.0
While the above CWAN 10Q Filed 11/6/2024 is interesting in isolation, we have found that it is also useful to take a look at older Clearwater Analytics Holdings Inc. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 11/6/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical CWAN 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

29.9
18.6
11.2
10.6
8.9
5.8
5.1
5.3
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL?   [ original filing ]
Total numbers found: 1,010

= Typical CWAN range from 11/12/2021 to 11/6/2024
31.5
17.3
11.5
12.3
7.3
6.8
5.2
4.6
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL?   [ original filing ]
Total numbers found: 1,118

= Typical CWAN range from 11/12/2021 to 11/6/2024
30.2
17.2
11.6
13.8
8.3
7.0
6.1
3.4
2.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 639

= Typical CWAN range from 11/12/2021 to 11/6/2024
29.4
20.9
12.2
9.5
10.5
6.0
4.3
4.1
3.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 588

= Typical CWAN range from 11/12/2021 to 11/6/2024
31.3
17.1
10.4
11.0
8.0
6.7
4.5
6.2
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 626

= Typical CWAN range from 11/12/2021 to 11/6/2024
31.8
17.5
12.4
9.3
8.9
6.5
4.9
4.4
4.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL?   [ original filing ]
Total numbers found: 890

= Typical CWAN range from 11/12/2021 to 11/6/2024
31.1
18.1
11.7
12.6
7.8
6.5
5.3
4.0
3.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 908

= Typical CWAN range from 11/12/2021 to 11/6/2024
28.2
16.6
11.9
13.8
8.9
7.5
5.0
4.4
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 928

= Typical CWAN range from 11/12/2021 to 11/6/2024
26.7
17.8
11.7
11.2
13.6
5.2
5.4
4.7
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 66
XBRL?   [ original filing ]
Total numbers found: 427

= Typical CWAN range from 11/12/2021 to 11/6/2024
32.7
19.0
10.7
10.2
7.4
5.2
5.8
5.0
4.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL?   [ original filing ]
Total numbers found: 675

= Typical CWAN range from 11/12/2021 to 11/6/2024
31.9
18.1
12.3
11.7
7.5
6.9
5.2
3.4
2.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 827

= Typical CWAN range from 11/12/2021 to 11/6/2024
31.0
19.7
10.7
10.1
10.1
6.5
4.1
5.6
2.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 765

= Typical CWAN range from 11/12/2021 to 11/6/2024
26.9
17.7
11.6
13.3
8.1
6.8
6.2
5.8
3.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 706

= Typical CWAN range from 11/12/2021 to 11/6/2024
 

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