SYNA vs. SNPS
Compare and contrast key facts about Synaptics Incorporated (SYNA) and Synopsys, Inc. (SNPS).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SYNA or SNPS.
Correlation
The correlation between SYNA and SNPS is 0.42, 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.
Performance
SYNA vs. SNPS - Performance Comparison
Key characteristics
SYNA:
-0.82
SNPS:
-0.14
SYNA:
-1.11
SNPS:
0.05
SYNA:
0.88
SNPS:
1.01
SYNA:
-0.45
SNPS:
-0.21
SYNA:
-1.29
SNPS:
-0.44
SYNA:
27.04%
SNPS:
11.90%
SYNA:
42.37%
SNPS:
36.73%
SYNA:
-81.70%
SNPS:
-60.95%
SYNA:
-73.63%
SNPS:
-20.99%
Fundamentals
SYNA:
$3.09B
SNPS:
$75.88B
SYNA:
$4.01
SNPS:
$9.27
SYNA:
19.26
SNPS:
52.96
SYNA:
0.48
SNPS:
10.50
SYNA:
$979.40M
SNPS:
$6.27B
SYNA:
$445.70M
SNPS:
$4.92B
SYNA:
$32.90M
SNPS:
$1.63B
Returns By Period
In the year-to-date period, SYNA achieves a -32.30% return, which is significantly lower than SNPS's -4.66% return. Over the past 10 years, SYNA has underperformed SNPS with an annualized return of 1.06%, while SNPS has yielded a comparatively higher 27.39% annualized return.
SYNA
-32.30%
-1.44%
-12.44%
-34.04%
2.92%
1.06%
SNPS
-4.66%
-10.38%
-17.50%
-5.12%
28.46%
27.39%
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Risk-Adjusted Performance
SYNA vs. SNPS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Synaptics Incorporated (SYNA) and Synopsys, Inc. (SNPS). 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
SYNA vs. SNPS - Dividend Comparison
Neither SYNA nor SNPS has paid dividends to shareholders.
Drawdowns
SYNA vs. SNPS - Drawdown Comparison
The maximum SYNA drawdown since its inception was -81.70%, which is greater than SNPS's maximum drawdown of -60.95%. Use the drawdown chart below to compare losses from any high point for SYNA and SNPS. For additional features, visit the drawdowns tool.
Volatility
SYNA vs. SNPS - Volatility Comparison
The current volatility for Synaptics Incorporated (SYNA) is 10.65%, while Synopsys, Inc. (SNPS) has a volatility of 15.10%. This indicates that SYNA experiences smaller price fluctuations and is considered to be less risky than SNPS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
SYNA vs. SNPS - Financials Comparison
This section allows you to compare key financial metrics between Synaptics Incorporated and Synopsys, 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.
Total Revenue: Total amount of money received from sales and other business activities