CDNS vs. MCHP
Compare and contrast key facts about Cadence Design Systems, Inc. (CDNS) and Microchip Technology Incorporated (MCHP).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CDNS or MCHP.
Performance
CDNS vs. MCHP - Performance Comparison
Returns By Period
In the year-to-date period, CDNS achieves a 6.37% return, which is significantly higher than MCHP's -27.81% return. Over the past 10 years, CDNS has outperformed MCHP with an annualized return of 31.90%, while MCHP has yielded a comparatively lower 13.61% annualized return.
CDNS
6.37%
12.06%
0.31%
7.99%
33.56%
31.90%
MCHP
-27.81%
-17.13%
-31.36%
-21.66%
8.46%
13.61%
Fundamentals
| CDNS | MCHP | |
|---|---|---|
| Market Cap | $81.67B | $36.14B |
| EPS | $3.79 | $1.44 |
| PE Ratio | 78.57 | 46.74 |
| PEG Ratio | 2.99 | 6.46 |
| Total Revenue (TTM) | $4.35B | $5.50B |
| Gross Profit (TTM) | $4.10B | $3.19B |
| EBITDA (TTM) | $1.19B | $1.54B |
Key characteristics
| CDNS | MCHP | |
|---|---|---|
| Sharpe Ratio | 0.26 | -0.57 |
| Sortino Ratio | 0.64 | -0.61 |
| Omega Ratio | 1.08 | 0.93 |
| Calmar Ratio | 0.37 | -0.56 |
| Martin Ratio | 0.79 | -1.46 |
| Ulcer Index | 11.40% | 13.95% |
| Daily Std Dev | 33.98% | 35.92% |
| Max Drawdown | -93.13% | -62.53% |
| Current Drawdown | -11.27% | -35.23% |
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Correlation
The correlation between CDNS and MCHP is 0.44, 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.
Risk-Adjusted Performance
CDNS vs. MCHP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cadence Design Systems, Inc. (CDNS) and Microchip Technology Incorporated (MCHP). 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. MCHP - Dividend Comparison
CDNS has not paid dividends to shareholders, while MCHP's dividend yield for the trailing twelve months is around 2.80%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CDNS Cadence Design Systems, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MCHP Microchip Technology Incorporated | 2.80% | 1.76% | 1.65% | 0.98% | 1.07% | 1.40% | 2.02% | 1.65% | 2.24% | 3.08% | 3.16% | 3.16% |
Drawdowns
CDNS vs. MCHP - Drawdown Comparison
The maximum CDNS drawdown since its inception was -93.13%, which is greater than MCHP's maximum drawdown of -62.53%. Use the drawdown chart below to compare losses from any high point for CDNS and MCHP. For additional features, visit the drawdowns tool.
Volatility
CDNS vs. MCHP - Volatility Comparison
Cadence Design Systems, Inc. (CDNS) has a higher volatility of 15.37% compared to Microchip Technology Incorporated (MCHP) at 10.14%. This indicates that CDNS's price experiences larger fluctuations and is considered to be riskier than MCHP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
CDNS vs. MCHP - Financials Comparison
This section allows you to compare key financial metrics between Cadence Design Systems, Inc. and Microchip Technology Incorporated. 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