ARBE vs. SNPS
Compare and contrast key facts about Arbe Robotics Ltd. (ARBE) and Synopsys, Inc. (SNPS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ARBE or SNPS.
Key characteristics
| ARBE | SNPS | |
|---|---|---|
| YTD Return | -13.30% | 5.08% |
| 1Y Return | -33.22% | 42.32% |
| 3Y Return (Ann) | -42.77% | 27.63% |
| Sharpe Ratio | -0.44 | 1.41 |
| Daily Std Dev | 75.70% | 29.69% |
| Max Drawdown | -89.45% | -60.95% |
| Current Drawdown | -87.22% | -10.12% |
Fundamentals
| ARBE | SNPS | |
|---|---|---|
| Market Cap | $161.98M | $87.18B |
| EPS | -$0.90 | $9.09 |
| PEG Ratio | 0.00 | 2.66 |
| Revenue (TTM) | $1.47M | $6.13B |
| Gross Profit (TTM) | $2.23M | $4.08B |
| EBITDA (TTM) | -$46.33M | $1.58B |
Correlation
The correlation between ARBE and SNPS is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ARBE vs. SNPS - Performance Comparison
In the year-to-date period, ARBE achieves a -13.30% return, which is significantly lower than SNPS's 5.08% 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
ARBE vs. SNPS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Arbe Robotics Ltd. (ARBE) 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
ARBE vs. SNPS - Dividend Comparison
Neither ARBE nor SNPS has paid dividends to shareholders.
Drawdowns
ARBE vs. SNPS - Drawdown Comparison
The maximum ARBE drawdown since its inception was -89.45%, which is greater than SNPS's maximum drawdown of -60.95%. Use the drawdown chart below to compare losses from any high point for ARBE and SNPS. For additional features, visit the drawdowns tool.
Volatility
ARBE vs. SNPS - Volatility Comparison
Arbe Robotics Ltd. (ARBE) has a higher volatility of 35.93% compared to Synopsys, Inc. (SNPS) at 7.67%. This indicates that ARBE's price experiences larger fluctuations and is considered to be riskier than SNPS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.