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

Correlation

The correlation between STM and CDNS is 0.45, 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.


-0.50.00.51.00.4

Performance

STM vs. CDNS - Performance Comparison

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

-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-39.43%
-5.82%
STM
CDNS

Key characteristics

Sharpe Ratio

STM:

-1.29

CDNS:

0.27

Sortino Ratio

STM:

-1.96

CDNS:

0.64

Omega Ratio

STM:

0.77

CDNS:

1.08

Calmar Ratio

STM:

-0.91

CDNS:

0.38

Martin Ratio

STM:

-1.59

CDNS:

0.81

Ulcer Index

STM:

31.13%

CDNS:

11.51%

Daily Std Dev

STM:

38.41%

CDNS:

34.86%

Max Drawdown

STM:

-94.40%

CDNS:

-93.13%

Current Drawdown

STM:

-54.26%

CDNS:

-8.16%

Fundamentals

Market Cap

STM:

$23.24B

CDNS:

$85.39B

EPS

STM:

$2.43

CDNS:

$3.79

PE Ratio

STM:

10.65

CDNS:

82.15

PEG Ratio

STM:

19.08

CDNS:

3.29

Total Revenue (TTM)

STM:

$14.23B

CDNS:

$4.35B

Gross Profit (TTM)

STM:

$5.92B

CDNS:

$3.91B

EBITDA (TTM)

STM:

$4.10B

CDNS:

$1.49B

Returns By Period

In the year-to-date period, STM achieves a -50.65% return, which is significantly lower than CDNS's 10.10% return. Over the past 10 years, STM has underperformed CDNS with an annualized return of 13.98%, while CDNS has yielded a comparatively higher 31.87% annualized return.


STM

YTD

-50.65%

1M

0.13%

6M

-39.27%

1Y

-49.60%

5Y*

-1.13%

10Y*

13.98%

CDNS

YTD

10.10%

1M

0.08%

6M

-5.86%

1Y

10.74%

5Y*

33.83%

10Y*

31.87%

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Risk-Adjusted Performance

STM vs. CDNS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for STMicroelectronics N.V. (STM) 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 STM, currently valued at -1.29, compared to the broader market-4.00-2.000.002.00-1.290.31
The chart of Sortino ratio for STM, currently valued at -1.96, compared to the broader market-4.00-2.000.002.004.00-1.960.70
The chart of Omega ratio for STM, currently valued at 0.77, compared to the broader market0.501.001.502.000.771.08
The chart of Calmar ratio for STM, currently valued at -0.91, compared to the broader market0.002.004.006.00-0.910.44
The chart of Martin ratio for STM, currently valued at -1.59, compared to the broader market0.0010.0020.00-1.590.93
STM
CDNS

The current STM Sharpe Ratio is -1.29, which is lower than the CDNS Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of STM 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
-1.29
0.31
STM
CDNS

Dividends

STM vs. CDNS - Dividend Comparison

STM's dividend yield for the trailing twelve months is around 1.35%, while CDNS has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
STM
STMicroelectronics N.V.
1.35%0.48%0.82%0.45%0.50%0.86%1.47%0.93%2.10%5.11%4.55%4.25%
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%

Drawdowns

STM vs. CDNS - Drawdown Comparison

The maximum STM drawdown since its inception was -94.40%, roughly equal to the maximum CDNS drawdown of -93.13%. Use the drawdown chart below to compare losses from any high point for STM and CDNS. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-54.26%
-8.16%
STM
CDNS

Volatility

STM vs. CDNS - Volatility Comparison

The current volatility for STMicroelectronics N.V. (STM) is 7.98%, while Cadence Design Systems, Inc. (CDNS) has a volatility of 9.91%. This indicates that STM experiences smaller price fluctuations and is considered to be less risky than CDNS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
7.98%
9.91%
STM
CDNS

Financials

STM vs. CDNS - Financials Comparison

This section allows you to compare key financial metrics between STMicroelectronics N.V. 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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