CAMT vs. CDNS
Compare and contrast key facts about Camtek Ltd (CAMT) and Cadence Design Systems, Inc. (CDNS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CAMT or CDNS.
Correlation
The correlation between CAMT and CDNS is 0.27, 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
CAMT vs. CDNS - Performance Comparison
Key characteristics
CAMT:
-0.57
CDNS:
-0.50
CAMT:
-0.52
CDNS:
-0.50
CAMT:
0.94
CDNS:
0.94
CAMT:
-0.57
CDNS:
-0.66
CAMT:
-1.01
CDNS:
-1.35
CAMT:
34.61%
CDNS:
13.91%
CAMT:
61.31%
CDNS:
37.32%
CAMT:
-97.74%
CDNS:
-93.13%
CAMT:
-61.59%
CDNS:
-23.76%
Fundamentals
CAMT:
$2.40B
CDNS:
$68.28B
CAMT:
$2.42
CDNS:
$3.84
CAMT:
21.78
CDNS:
64.82
CAMT:
0.98
CDNS:
2.79
CAMT:
$332.22M
CDNS:
$3.63B
CAMT:
$161.73M
CDNS:
$3.37B
CAMT:
$85.70M
CDNS:
$1.28B
Returns By Period
In the year-to-date period, CAMT achieves a -34.74% return, which is significantly lower than CDNS's -17.16% return. Over the past 10 years, CAMT has outperformed CDNS with an annualized return of 33.37%, while CDNS has yielded a comparatively lower 29.78% annualized return.
CAMT
-34.74%
-25.00%
-33.56%
-35.66%
46.82%
33.37%
CDNS
-17.16%
3.16%
-6.35%
-19.86%
31.35%
29.78%
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Risk-Adjusted Performance
CAMT vs. CDNS — Risk-Adjusted Performance Rank
CAMT
CDNS
CAMT vs. CDNS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Camtek Ltd (CAMT) 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
CAMT vs. CDNS - Dividend Comparison
Neither CAMT nor CDNS has paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
---|---|---|---|---|---|---|---|---|---|
CAMT Camtek Ltd | 0.00% | 1.65% | 0.00% | 0.00% | 0.00% | 0.00% | 1.57% | 2.07% | 2.45% |
CDNS Cadence Design Systems, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
CAMT vs. CDNS - Drawdown Comparison
The maximum CAMT drawdown since its inception was -97.74%, roughly equal to the maximum CDNS drawdown of -93.13%. Use the drawdown chart below to compare losses from any high point for CAMT and CDNS. For additional features, visit the drawdowns tool.
Volatility
CAMT vs. CDNS - Volatility Comparison
Camtek Ltd (CAMT) has a higher volatility of 20.32% compared to Cadence Design Systems, Inc. (CDNS) at 10.43%. This indicates that CAMT's price experiences larger fluctuations and is considered to be riskier than CDNS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CAMT vs. CDNS - Financials Comparison
This section allows you to compare key financial metrics between Camtek Ltd 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