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DAR vs. CDNS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between DAR and CDNS is 0.22, 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.


-0.50.00.51.00.2

Performance

DAR vs. CDNS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Darling Ingredients Inc. (DAR) and Cadence Design Systems, Inc. (CDNS). The values are adjusted to include any dividend payments, if applicable.

0.00%2,000.00%4,000.00%6,000.00%8,000.00%JulyAugustSeptemberOctoberNovemberDecember
662.93%
8,121.83%
DAR
CDNS

Key characteristics

Sharpe Ratio

DAR:

-0.83

CDNS:

0.33

Sortino Ratio

DAR:

-1.19

CDNS:

0.72

Omega Ratio

DAR:

0.87

CDNS:

1.09

Calmar Ratio

DAR:

-0.52

CDNS:

0.46

Martin Ratio

DAR:

-1.53

CDNS:

0.98

Ulcer Index

DAR:

21.05%

CDNS:

11.52%

Daily Std Dev

DAR:

38.68%

CDNS:

34.83%

Max Drawdown

DAR:

-97.89%

CDNS:

-93.13%

Current Drawdown

DAR:

-62.08%

CDNS:

-7.67%

Fundamentals

Market Cap

DAR:

$5.62B

CDNS:

$85.39B

EPS

DAR:

$1.62

CDNS:

$3.79

PE Ratio

DAR:

21.80

CDNS:

82.15

PEG Ratio

DAR:

14.47

CDNS:

3.29

Total Revenue (TTM)

DAR:

$5.89B

CDNS:

$4.35B

Gross Profit (TTM)

DAR:

$844.45M

CDNS:

$3.91B

EBITDA (TTM)

DAR:

$838.81M

CDNS:

$1.49B

Returns By Period

In the year-to-date period, DAR achieves a -33.67% return, which is significantly lower than CDNS's 10.68% return. Over the past 10 years, DAR has underperformed CDNS with an annualized return of 6.04%, while CDNS has yielded a comparatively higher 31.93% annualized return.


DAR

YTD

-33.67%

1M

-20.87%

6M

-7.42%

1Y

-33.69%

5Y*

3.62%

10Y*

6.04%

CDNS

YTD

10.68%

1M

-0.84%

6M

-5.31%

1Y

9.40%

5Y*

33.94%

10Y*

31.93%

Compare stocks, funds, or ETFs

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


Risk-Adjusted Performance

DAR vs. CDNS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Darling Ingredients Inc. (DAR) 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.


Sharpe ratio
The chart of Sharpe ratio for DAR, currently valued at -0.83, compared to the broader market-4.00-2.000.002.00-0.830.33
The chart of Sortino ratio for DAR, currently valued at -1.19, compared to the broader market-4.00-2.000.002.004.00-1.190.72
The chart of Omega ratio for DAR, currently valued at 0.87, compared to the broader market0.501.001.502.000.871.09
The chart of Calmar ratio for DAR, currently valued at -0.52, compared to the broader market0.002.004.006.00-0.520.46
The chart of Martin ratio for DAR, currently valued at -1.53, compared to the broader market-5.000.005.0010.0015.0020.0025.00-1.530.98
DAR
CDNS

The current DAR Sharpe Ratio is -0.83, which is lower than the CDNS Sharpe Ratio of 0.33. The chart below compares the historical Sharpe Ratios of DAR and CDNS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
-0.83
0.33
DAR
CDNS

Dividends

DAR vs. CDNS - Dividend Comparison

Neither DAR nor CDNS has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

DAR vs. CDNS - Drawdown Comparison

The maximum DAR drawdown since its inception was -97.89%, which is greater than CDNS's maximum drawdown of -93.13%. Use the drawdown chart below to compare losses from any high point for DAR and CDNS. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-62.08%
-7.67%
DAR
CDNS

Volatility

DAR vs. CDNS - Volatility Comparison

Darling Ingredients Inc. (DAR) has a higher volatility of 11.66% compared to Cadence Design Systems, Inc. (CDNS) at 9.93%. This indicates that DAR'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.


8.00%10.00%12.00%14.00%16.00%18.00%JulyAugustSeptemberOctoberNovemberDecember
11.66%
9.93%
DAR
CDNS

Financials

DAR vs. CDNS - Financials Comparison

This section allows you to compare key financial metrics between Darling Ingredients Inc. 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.


Quarterly
Annual

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


Values in USD except per share items
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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