PortfoliosLab logo
Tools
Performance Analysis
Risk Analysis
Optimization
Factor Model
See All Tools
Portfolio Analysis
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
CDNS vs. AYX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Key characteristics


CDNSAYX

Fundamentals


CDNSAYX
Market Cap$76.85B$3.53B
EPS$3.84-$2.52
PE Ratio73.541.61K
PEG Ratio2.840.00
Revenue (TTM)$4.08B$970.00M
Gross Profit (TTM)$3.19B$737.57M
EBITDA (TTM)$1.36B-$110.00M

Correlation

-0.50.00.51.00.5

The correlation between CDNS and AYX is 0.49, 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

CDNS vs. AYX - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%200.00%400.00%600.00%800.00%1,000.00%December2024FebruaryMarchAprilMay
768.55%
211.35%
CDNS
AYX

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Cadence Design Systems, Inc.

Alteryx, Inc.

Risk-Adjusted Performance

CDNS vs. AYX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Cadence Design Systems, Inc. (CDNS) and Alteryx, Inc. (AYX). 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.


CDNS
Sharpe ratio
The chart of Sharpe ratio for CDNS, currently valued at 1.07, compared to the broader market-2.00-1.000.001.002.003.004.001.07
Sortino ratio
The chart of Sortino ratio for CDNS, currently valued at 1.78, compared to the broader market-4.00-2.000.002.004.006.001.78
Omega ratio
The chart of Omega ratio for CDNS, currently valued at 1.20, compared to the broader market0.501.001.501.20
Calmar ratio
The chart of Calmar ratio for CDNS, currently valued at 2.03, compared to the broader market0.002.004.006.002.03
Martin ratio
The chart of Martin ratio for CDNS, currently valued at 6.44, compared to the broader market-10.000.0010.0020.0030.006.44
AYX
Sharpe ratio
The chart of Sharpe ratio for AYX, currently valued at 0.57, compared to the broader market-2.00-1.000.001.002.003.004.000.57
Sortino ratio
The chart of Sortino ratio for AYX, currently valued at 1.13, compared to the broader market-4.00-2.000.002.004.006.001.13
Omega ratio
The chart of Omega ratio for AYX, currently valued at 1.19, compared to the broader market0.501.001.501.19
Calmar ratio
The chart of Calmar ratio for AYX, currently valued at 0.32, compared to the broader market0.002.004.006.000.32
Martin ratio
The chart of Martin ratio for AYX, currently valued at 1.74, compared to the broader market-10.000.0010.0020.0030.001.74

CDNS vs. AYX - Sharpe Ratio Comparison


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00December2024FebruaryMarchAprilMay
1.07
0.57
CDNS
AYX

Dividends

CDNS vs. AYX - Dividend Comparison

Neither CDNS nor AYX has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

CDNS vs. AYX - Drawdown Comparison


-80.00%-60.00%-40.00%-20.00%0.00%December2024FebruaryMarchAprilMay
-14.95%
-73.48%
CDNS
AYX

Volatility

CDNS vs. AYX - Volatility Comparison

Cadence Design Systems, Inc. (CDNS) has a higher volatility of 6.83% compared to Alteryx, Inc. (AYX) at 0.00%. This indicates that CDNS's price experiences larger fluctuations and is considered to be riskier than AYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%December2024FebruaryMarchAprilMay
6.83%
0
CDNS
AYX

Financials

CDNS vs. AYX - Financials Comparison

This section allows you to compare key financial metrics between Cadence Design Systems, Inc. and Alteryx, 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.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities



Values in USD except per share items