Cadence Design (Germany) Performance
| CDS Stock | EUR 293.00 9.00 3.17% |
On a scale of 0 to 100, Cadence Design holds a performance score of 10. The firm shows a Beta (market volatility) of 0.42, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cadence Design's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cadence Design is expected to be smaller as well. Please check Cadence Design's semi deviation, jensen alpha, maximum drawdown, as well as the relationship between the coefficient of variation and sortino ratio , to make a quick decision on whether Cadence Design's price patterns will revert.
Risk-Adjusted Performance
10 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Cadence Design Systems are ranked lower than 10 (%) of all global equities and portfolios over the last 90 days. Despite nearly fragile basic indicators, Cadence Design reported solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 1.1 B |
Cadence |
Cadence Design Relative Risk vs. Return Landscape
If you would invest 24,700 in Cadence Design Systems on September 23, 2024 and sell it today you would earn a total of 4,600 from holding Cadence Design Systems or generate 18.62% return on investment over 90 days. Cadence Design Systems is currently producing 0.2808% returns and takes up 2.096% volatility of returns over 90 trading days. Put another way, 18% of traded stocks are less volatile than Cadence, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Cadence Design Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cadence Design's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Cadence Design Systems, and traders can use it to determine the average amount a Cadence Design'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 = 0.134
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Estimated Market Risk
| 2.1 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.28 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Cadence Design is performing at about 10% 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 Cadence Design by adding it to a well-diversified portfolio.
Cadence Design Fundamentals Growth
Cadence Stock prices reflect investors' perceptions of the future prospects and financial health of Cadence Design, and Cadence Design fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Cadence Stock performance.
| Return On Equity | 0.31 | |||
| Return On Asset | 0.14 | |||
| Profit Margin | 0.24 % | |||
| Operating Margin | 0.30 % | |||
| Current Valuation | 42.31 B | |||
| Shares Outstanding | 272.94 M | |||
| Price To Earning | 40.01 X | |||
| Price To Book | 16.54 X | |||
| Price To Sales | 12.66 X | |||
| Revenue | 3.56 B | |||
| EBITDA | 1.2 B | |||
| Cash And Equivalents | 633.41 M | |||
| Cash Per Share | 2.26 X | |||
| Total Debt | 648.08 M | |||
| Debt To Equity | 32.60 % | |||
| Book Value Per Share | 10.07 X | |||
| Cash Flow From Operations | 1.24 B | |||
| Earnings Per Share | 2.90 X | |||
| Total Asset | 5.14 B | |||
About Cadence Design Performance
By analyzing Cadence Design's fundamental ratios, stakeholders can gain valuable insights into Cadence Design's financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Cadence Design has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Cadence Design has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit design blocks worldwide. Cadence Design Systems, Inc. was founded in 1988 and is headquartered in San Jose, California. CADENCE DESIGN operates under Software - Application classification in Germany and is traded on Frankfurt Stock Exchange. It employs 7500 people.Things to note about Cadence Design Systems performance evaluation
Checking the ongoing alerts about Cadence Design for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Cadence Design Systems help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 90.0% of the company shares are held by institutions such as insurance companies |
- Analyzing Cadence Design's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Cadence Design's stock is overvalued or undervalued compared to its peers.
- Examining Cadence Design's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Cadence Design's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Cadence Design's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Cadence Design's stock. These opinions can provide insight into Cadence Design's potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Cadence Stock analysis
When running Cadence Design's price analysis, check to measure Cadence Design's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cadence Design is operating at the current time. Most of Cadence Design's value examination focuses on studying past and present price action to predict the probability of Cadence Design's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cadence Design's price. Additionally, you may evaluate how the addition of Cadence Design to your portfolios can decrease your overall portfolio volatility.
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