ANSS vs. CDNS
Compare and contrast key facts about ANSYS, Inc. (ANSS) and Cadence Design Systems, Inc. (CDNS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ANSS or CDNS.
Key characteristics
| ANSS | CDNS | |
|---|---|---|
| YTD Return | -9.88% | 1.73% |
| 1Y Return | 5.08% | 36.08% |
| 3Y Return (Ann) | -4.62% | 24.35% |
| 5Y Return (Ann) | 10.95% | 32.41% |
| 10Y Return (Ann) | 15.66% | 34.09% |
| Sharpe Ratio | 0.15 | 1.27 |
| Daily Std Dev | 30.49% | 28.20% |
| Max Drawdown | -63.28% | -93.13% |
| Current Drawdown | -20.47% | -14.16% |
Fundamentals
| ANSS | CDNS | |
|---|---|---|
| Market Cap | $28.12B | $76.40B |
| EPS | $5.73 | $3.81 |
| PE Ratio | 56.21 | 73.56 |
| PEG Ratio | 2.09 | 2.84 |
| Revenue (TTM) | $2.27B | $4.09B |
| Gross Profit (TTM) | $1.88B | $3.19B |
| EBITDA (TTM) | $758.64M | $1.42B |
Correlation
The correlation between ANSS and CDNS is 0.42, 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
ANSS vs. CDNS - Performance Comparison
In the year-to-date period, ANSS achieves a -9.88% return, which is significantly lower than CDNS's 1.73% return. Over the past 10 years, ANSS has underperformed CDNS with an annualized return of 15.66%, while CDNS has yielded a comparatively higher 34.09% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
ANSS vs. CDNS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ANSYS, Inc. (ANSS) and Cadence Design Systems, Inc. (CDNS). 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
ANSS vs. CDNS - Dividend Comparison
Neither ANSS nor CDNS has paid dividends to shareholders.
Drawdowns
ANSS vs. CDNS - Drawdown Comparison
The maximum ANSS drawdown since its inception was -63.28%, smaller than the maximum CDNS drawdown of -93.13%. Use the drawdown chart below to compare losses from any high point for ANSS and CDNS. For additional features, visit the drawdowns tool.
Volatility
ANSS vs. CDNS - Volatility Comparison
The current volatility for ANSYS, Inc. (ANSS) is 3.67%, while Cadence Design Systems, Inc. (CDNS) has a volatility of 6.30%. This indicates that ANSS experiences smaller price fluctuations and is considered to be less risky than CDNS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
ANSS vs. CDNS - Financials Comparison
This section allows you to compare key financial metrics between ANSYS, Inc. and Cadence Design Systems, 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