AMBA vs. SNPS
Compare and contrast key facts about Ambarella, Inc. (AMBA) and Synopsys, Inc. (SNPS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AMBA or SNPS.
Correlation
The correlation between AMBA and SNPS is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AMBA vs. SNPS - Performance Comparison
Key characteristics
AMBA:
0.23
SNPS:
-0.31
AMBA:
0.72
SNPS:
-0.20
AMBA:
1.08
SNPS:
0.97
AMBA:
0.14
SNPS:
-0.46
AMBA:
0.67
SNPS:
-0.99
AMBA:
17.36%
SNPS:
11.77%
AMBA:
49.82%
SNPS:
37.28%
AMBA:
-81.65%
SNPS:
-60.95%
AMBA:
-67.83%
SNPS:
-20.42%
Fundamentals
AMBA:
$3.08B
SNPS:
$78.89B
AMBA:
-$3.87
SNPS:
$9.24
AMBA:
4.97
SNPS:
11.06
AMBA:
$252.47M
SNPS:
$6.27B
AMBA:
$152.26M
SNPS:
$4.92B
AMBA:
-$130.08M
SNPS:
$1.63B
Returns By Period
In the year-to-date period, AMBA achieves a 13.80% return, which is significantly higher than SNPS's -3.98% return. Over the past 10 years, AMBA has underperformed SNPS with an annualized return of 3.85%, while SNPS has yielded a comparatively higher 27.45% annualized return.
AMBA
13.80%
21.43%
26.43%
10.45%
3.78%
3.85%
SNPS
-3.98%
-5.64%
-20.29%
-11.50%
28.83%
27.45%
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Risk-Adjusted Performance
AMBA vs. SNPS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ambarella, Inc. (AMBA) and Synopsys, Inc. (SNPS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
AMBA vs. SNPS - Dividend Comparison
Neither AMBA nor SNPS has paid dividends to shareholders.
Drawdowns
AMBA vs. SNPS - Drawdown Comparison
The maximum AMBA drawdown since its inception was -81.65%, which is greater than SNPS's maximum drawdown of -60.95%. Use the drawdown chart below to compare losses from any high point for AMBA and SNPS. For additional features, visit the drawdowns tool.
Volatility
AMBA vs. SNPS - Volatility Comparison
The current volatility for Ambarella, Inc. (AMBA) is 14.88%, while Synopsys, Inc. (SNPS) has a volatility of 15.76%. This indicates that AMBA experiences smaller price fluctuations and is considered to be less risky than SNPS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
AMBA vs. SNPS - Financials Comparison
This section allows you to compare key financial metrics between Ambarella, Inc. and Synopsys, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities