EXTR vs. CDNS

In the year-to-date period, EXTR achieves a -3.11% return, which is significantly lower than CDNS's 7.02% return. Over the past 10 years, EXTR has underperformed CDNS with an annualized return of 20.34%, while CDNS has yielded a comparatively higher 32.41% annualized return.

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This table presents a comparison of risk-adjusted performance metrics for Extreme Networks, Inc. (EXTR) 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.

The current EXTR Sharpe Ratio is 0.82, which is higher than the CDNS Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of EXTR 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.

Neither EXTR nor CDNS has paid dividends to shareholders.

The maximum EXTR drawdown since its inception was -99.15%, which is greater than CDNS's maximum drawdown of -93.13%. Use the drawdown chart below to compare losses from any high point for EXTR and CDNS. For additional features, visit the drawdowns tool.

Extreme Networks, Inc. (EXTR) and Cadence Design Systems, Inc. (CDNS) have volatilities of 10.22% and 10.37%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

This section allows you to compare key financial metrics between Extreme Networks, 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.