APPN vs. SNPS
Compare and contrast key facts about Appian Corporation (APPN) and Synopsys, Inc. (SNPS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: APPN or SNPS.
Correlation
The correlation between APPN and SNPS is 0.47, 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
APPN vs. SNPS - Performance Comparison
Key characteristics
APPN:
-0.14
SNPS:
-0.29
APPN:
0.17
SNPS:
-0.16
APPN:
1.02
SNPS:
0.98
APPN:
-0.08
SNPS:
-0.43
APPN:
-0.38
SNPS:
-0.91
APPN:
18.75%
SNPS:
11.91%
APPN:
51.80%
SNPS:
37.26%
APPN:
-88.60%
SNPS:
-60.95%
APPN:
-85.00%
SNPS:
-20.78%
Fundamentals
APPN:
$2.76B
SNPS:
$78.89B
APPN:
-$1.21
SNPS:
$9.24
APPN:
0.00
SNPS:
11.06
APPN:
$595.66M
SNPS:
$6.27B
APPN:
$441.71M
SNPS:
$4.92B
APPN:
-$52.34M
SNPS:
$1.63B
Returns By Period
In the year-to-date period, APPN achieves a -6.32% return, which is significantly lower than SNPS's -4.41% return.
APPN
-6.32%
-2.33%
26.09%
-11.87%
-3.30%
N/A
SNPS
-4.41%
-11.79%
-18.72%
-6.15%
28.68%
27.39%
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Risk-Adjusted Performance
APPN vs. SNPS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Appian Corporation (APPN) 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
APPN vs. SNPS - Dividend Comparison
Neither APPN nor SNPS has paid dividends to shareholders.
Drawdowns
APPN vs. SNPS - Drawdown Comparison
The maximum APPN drawdown since its inception was -88.60%, which is greater than SNPS's maximum drawdown of -60.95%. Use the drawdown chart below to compare losses from any high point for APPN and SNPS. For additional features, visit the drawdowns tool.
Volatility
APPN vs. SNPS - Volatility Comparison
Appian Corporation (APPN) and Synopsys, Inc. (SNPS) have volatilities of 15.01% and 15.49%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
APPN vs. SNPS - Financials Comparison
This section allows you to compare key financial metrics between Appian Corporation 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