Disposition of 1000 shares by Paul Cunningham of Cadence Design at 275.36 subject to Rule 16b-3
| CDNS Stock | USD 349.63 2.06 0.59% |
Slightly above 52% of Cadence Design's investor base is interested to short. The analysis of the overall prospects from investing in Cadence Design Systems suggests that many traders are, at the present time, impartial. Cadence Design's investing sentiment can be driven by a variety of factors including economic data, Cadence Design's earnings reports, geopolitical events, and overall market trends.
Filed transaction by Cadence Design Systems Officer: Sr. Vice President. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Read at macroaxis.com
Cadence Design Fundamental Analysis
We analyze Cadence Design's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cadence Design using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cadence Design based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Asset
Current Asset Comparative Analysis
Cadence Design is currently under evaluation in current asset category among its peers. Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Cadence Design Systems Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Cadence Design stock to make a market-neutral strategy. Peer analysis of Cadence Design could also be used in its relative valuation, which is a method of valuing Cadence Design by comparing valuation metrics with similar companies.
Peers
Cadence Design Related Equities
| ZM | Zoom Video | 12.71 | ||||
| U | Unity Software | 7.94 | ||||
| PAYC | Paycom Soft | 3.80 | ||||
| TEAM | Atlassian Corp | 3.77 | ||||
| TTD | Trade Desk | 1.72 | ||||
| ADSK | Autodesk | 1.46 | ||||
| NOW | ServiceNow | 1.12 | ||||
| SNOW | Snowflake | 1.09 | ||||
| CRM | Salesforce | 1.00 | ||||
| DDOG | Datadog | 0.54 | ||||
| WDAY | Workday | 2.77 | ||||
| INTU | Intuit | 5.03 |
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.