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

Correlation

The correlation between TER and CDNS is 0.43, 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

TER vs. CDNS - Performance Comparison

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

-30.00%-20.00%-10.00%0.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-14.83%
-5.31%
TER
CDNS

Key characteristics

Sharpe Ratio

TER:

0.50

CDNS:

0.33

Sortino Ratio

TER:

0.93

CDNS:

0.72

Omega Ratio

TER:

1.12

CDNS:

1.09

Calmar Ratio

TER:

0.52

CDNS:

0.46

Martin Ratio

TER:

1.30

CDNS:

0.98

Ulcer Index

TER:

17.16%

CDNS:

11.52%

Daily Std Dev

TER:

44.31%

CDNS:

34.83%

Max Drawdown

TER:

-97.30%

CDNS:

-93.13%

Current Drawdown

TER:

-24.18%

CDNS:

-7.67%

Fundamentals

Market Cap

TER:

$20.85B

CDNS:

$85.39B

EPS

TER:

$3.15

CDNS:

$3.79

PE Ratio

TER:

40.64

CDNS:

82.15

PEG Ratio

TER:

1.32

CDNS:

3.29

Total Revenue (TTM)

TER:

$2.74B

CDNS:

$4.35B

Gross Profit (TTM)

TER:

$1.58B

CDNS:

$3.91B

EBITDA (TTM)

TER:

$711.41M

CDNS:

$1.49B

Returns By Period

In the year-to-date period, TER achieves a 16.75% return, which is significantly higher than CDNS's 10.68% return. Over the past 10 years, TER has underperformed CDNS with an annualized return of 21.00%, while CDNS has yielded a comparatively higher 31.93% annualized return.


TER

YTD

16.75%

1M

22.87%

6M

-14.54%

1Y

22.28%

5Y*

13.21%

10Y*

21.00%

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

TER vs. CDNS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Teradyne, Inc. (TER) 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 TER, currently valued at 0.50, compared to the broader market-4.00-2.000.002.000.500.33
The chart of Sortino ratio for TER, currently valued at 0.93, compared to the broader market-4.00-2.000.002.004.000.930.72
The chart of Omega ratio for TER, currently valued at 1.12, compared to the broader market0.501.001.502.001.121.09
The chart of Calmar ratio for TER, currently valued at 0.52, compared to the broader market0.002.004.006.000.520.46
The chart of Martin ratio for TER, currently valued at 1.30, compared to the broader market-5.000.005.0010.0015.0020.0025.001.300.98
TER
CDNS

The current TER Sharpe Ratio is 0.50, which is higher than the CDNS Sharpe Ratio of 0.33. The chart below compares the historical Sharpe Ratios of TER 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 Ratio0.000.501.001.50JulyAugustSeptemberOctoberNovemberDecember
0.50
0.33
TER
CDNS

Dividends

TER vs. CDNS - Dividend Comparison

TER's dividend yield for the trailing twelve months is around 0.38%, while CDNS has not paid dividends to shareholders.


TTM2023202220212020201920182017201620152014
TER
Teradyne, Inc.
0.38%0.41%0.50%0.24%0.33%0.53%1.15%0.67%0.94%1.16%0.91%
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%

Drawdowns

TER vs. CDNS - Drawdown Comparison

The maximum TER drawdown since its inception was -97.30%, roughly equal to the maximum CDNS drawdown of -93.13%. Use the drawdown chart below to compare losses from any high point for TER and CDNS. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-24.18%
-7.67%
TER
CDNS

Volatility

TER vs. CDNS - Volatility Comparison

Teradyne, Inc. (TER) and Cadence Design Systems, Inc. (CDNS) have volatilities of 10.06% and 9.93%, 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.


10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
10.06%
9.93%
TER
CDNS

Financials

TER vs. CDNS - Financials Comparison

This section allows you to compare key financial metrics between Teradyne, 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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