Cadence Design (UK) Performance
| 0HS2 Stock | 309.47 1.64 0.53% |
On a scale of 0 to 100, Cadence Design holds a performance score of 7. The firm shows a Beta (market volatility) of 0.56, 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 mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Cadence Design's price patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Cadence Design Systems are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively unsteady basic indicators, Cadence Design unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
1 | Oppenheimer Initiates Coverage of Cadence Design Systems with Underperform Recommendation - Nasdaq | 09/25/2024 |
2 | Stifel Financial Corp Sells 35,203 Shares of Cadence Design Systems, Inc. - MarketBeat | 12/10/2024 |
| Begin Period Cash Flow | 882.3 M |
Cadence |
Cadence Design Relative Risk vs. Return Landscape
If you would invest 27,038 in Cadence Design Systems on September 13, 2024 and sell it today you would earn a total of 3,909 from holding Cadence Design Systems or generate 14.46% return on investment over 90 days. Cadence Design Systems is generating 0.2397% of daily returns and assumes 2.571% volatility on return distribution over the 90 days horizon. Simply put, 22% of stocks are less volatile than Cadence, and 96% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
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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 = 0.0932
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Estimated Market Risk
| 2.57 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.24 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Cadence Design is performing at about 7% 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 | 0.27 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.24 % | ||||
| Operating Margin | 0.31 % | ||||
| Current Valuation | 85.21 B | ||||
| Shares Outstanding | 282.14 M | ||||
| Price To Sales | 19.77 X | ||||
| Revenue | 4.09 B | ||||
| Gross Profit | 3.19 B | ||||
| EBITDA | 1.42 B | ||||
| Net Income | 1.04 B | ||||
| Total Debt | 806.03 M | ||||
| Book Value Per Share | 16.64 X | ||||
| Cash Flow From Operations | 1.35 B | ||||
| Earnings Per Share | 2.68 X | ||||
| Total Asset | 5.67 B | ||||
| Retained Earnings | 4.94 B | ||||
About Cadence Design Performance
Assessing Cadence Design's fundamental ratios provides investors with valuable insights into Cadence Design's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Cadence Design is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
Cadence Design is entity of United Kingdom. It is traded as Stock on LSE exchange.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.| Cadence Design is unlikely to experience financial distress in the next 2 years | |
| Over 91.0% of the company shares are owned by institutions such as pension funds | |
| Latest headline from news.google.com: Stifel Financial Corp Sells 35,203 Shares of Cadence Design Systems, Inc. - MarketBeat |
- 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.
Additional 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.