Cadence Design Systems, Inc. (CDNS)

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

The chart shows the growth of an initial investment of $10,000 in Cadence Design Systems, Inc., comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Cadence Design Systems, Inc. (CDNS) has returned -11.10% so far this year and 9.26% over the past 12 months. Looking at the last ten years, CDNS has achieved an annualized return of 27.94%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.

Based on dividend-adjusted daily data since Mar 26, 1990, CDNS's average daily return is +0.08%, while the average monthly return is +1.54%. At this rate, your investment would double in approximately 3.8 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 8.72%, beta of 1.24, and R² of 0.24 versus S&P 500 Index. Calculated based on daily prices since March 27, 1990.

• This stock captured 149.99% of S&P 500 Index gains and 135.21% 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 47 for risk / return — on par with similar stocks. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Cadence Design Systems, Inc. (CDNS) and compare them to a chosen benchmark (S&P 500 Index).

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 25.58%.

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.