SNPS vs. ARBE
Compare and contrast key facts about Synopsys, Inc. (SNPS) and Arbe Robotics Ltd. (ARBE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SNPS or ARBE.
Correlation
The correlation between SNPS and ARBE is 0.13, 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.
Performance
SNPS vs. ARBE - Performance Comparison
Key characteristics
SNPS:
-0.27
ARBE:
-0.27
SNPS:
-0.13
ARBE:
0.06
SNPS:
0.98
ARBE:
1.01
SNPS:
-0.40
ARBE:
-0.20
SNPS:
-0.85
ARBE:
-0.80
SNPS:
11.90%
ARBE:
22.85%
SNPS:
37.26%
ARBE:
68.20%
SNPS:
-60.95%
ARBE:
-89.45%
SNPS:
-20.19%
ARBE:
-88.44%
Fundamentals
SNPS:
$78.89B
ARBE:
$144.00M
SNPS:
$9.24
ARBE:
-$0.73
SNPS:
11.06
ARBE:
0.00
SNPS:
$6.27B
ARBE:
$1.08M
SNPS:
$4.92B
ARBE:
-$615.00K
SNPS:
$1.63B
ARBE:
-$47.85M
Returns By Period
In the year-to-date period, SNPS achieves a -3.70% return, which is significantly higher than ARBE's -21.56% return.
SNPS
-3.70%
-7.14%
-18.73%
-10.12%
28.85%
27.45%
ARBE
-21.56%
-5.52%
-10.47%
-22.97%
N/A
N/A
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Risk-Adjusted Performance
SNPS vs. ARBE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Synopsys, Inc. (SNPS) and Arbe Robotics Ltd. (ARBE). 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
SNPS vs. ARBE - Dividend Comparison
Neither SNPS nor ARBE has paid dividends to shareholders.
Drawdowns
SNPS vs. ARBE - Drawdown Comparison
The maximum SNPS drawdown since its inception was -60.95%, smaller than the maximum ARBE drawdown of -89.45%. Use the drawdown chart below to compare losses from any high point for SNPS and ARBE. For additional features, visit the drawdowns tool.
Volatility
SNPS vs. ARBE - Volatility Comparison
The current volatility for Synopsys, Inc. (SNPS) is 15.52%, while Arbe Robotics Ltd. (ARBE) has a volatility of 17.93%. This indicates that SNPS experiences smaller price fluctuations and is considered to be less risky than ARBE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
SNPS vs. ARBE - Financials Comparison
This section allows you to compare key financial metrics between Synopsys, Inc. and Arbe Robotics Ltd.. 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