Cadence Design Systems, Inc. (CDNS)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Cadence Design Systems, Inc. (CDNS) is up 24.5% since the beginning of the year. At $389 per share, CDNS is trading 6.6% below its 52-week high of $417. Investors who bought $1,000 worth of CDNS shares 5 years ago would now be looking at an investment worth $2,925.

Cadence Design Systems, Inc. (CDNS) has returned 24.46% so far this year and 31.70% over the past 12 months. Looking at the last ten years, CDNS has achieved an annualized return of 32.24%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.

Based on dividend-adjusted daily data since Mar 26, 1990, CDNS's average daily return is +0.09%, while the average monthly return is +1.61%. At this rate, an investment would double in approximately 3.6 years.

Historically, 56% of months were positive and 44% were negative. The best month was Nov 2002 with a return of +42.4%, while the worst month was Apr 1999 at -47.3%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.

On a daily basis, CDNS closed higher 50% of trading days. The best single day was Nov 4, 1998 with a return of +26.6%, while the worst single day was Apr 21, 1999 at -39.9%.

Cadence Design Systems, Inc. has an annualized alpha of 9.24%, beta of 1.24, and R2 of 0.24 versus S&P 500 Index. Calculated based on daily prices since March 26, 1990.

• This stock captured 151.69% of S&P 500 Index gains and 134.62% of its losses - amplifying both gains and losses, but participating more in upside than downside.
• R2 of 0.24 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

CDNS ranks 65 for risk / return — better than 65% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Cadence Design Systems, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Cadence Design Systems, Inc. was 93.13%, occurring on Dec 15, 2008. Recovery took 2192 trading sessions.

The current Cadence Design Systems, Inc. drawdown is 6.57%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Cadence Design Systems, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Cadence Design Systems, Inc. is priced in the market compared to other companies in the Software - Application industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.