CDNS vs. AYX
Compare and contrast key facts about Cadence Design Systems, Inc. (CDNS) and Alteryx, Inc. (AYX).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CDNS or AYX.
Correlation
The correlation between CDNS and AYX is 0.46, 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
Key characteristics
Fundamentals
CDNS:
$83.81B
AYX:
$3.53B
CDNS:
$3.80
AYX:
-$2.52
CDNS:
3.16
AYX:
0.00
Returns By Period
CDNS
1.71%
1.45%
9.16%
9.53%
32.98%
32.71%
AYX
N/A
N/A
N/A
N/A
N/A
N/A
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Risk-Adjusted Performance
CDNS vs. AYX — Risk-Adjusted Performance Rank
CDNS
AYX
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.
Dividends
CDNS vs. AYX - Dividend Comparison
Neither CDNS nor AYX has paid dividends to shareholders.
Drawdowns
CDNS vs. AYX - Drawdown Comparison
Volatility
CDNS vs. AYX - Volatility Comparison
Cadence Design Systems, Inc. (CDNS) has a higher volatility of 6.92% 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.
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.
Total Revenue: Total amount of money received from sales and other business activities