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

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%JuneJulyAugustSeptemberOctoberNovember
-27.43%
3.81%
TER
CDNS

Returns By Period

In the year-to-date period, TER achieves a -4.27% return, which is significantly lower than CDNS's 11.62% return. Over the past 10 years, TER has underperformed CDNS with an annualized return of 19.10%, while CDNS has yielded a comparatively higher 32.42% annualized return.


TER

YTD

-4.27%

1M

-17.75%

6M

-27.43%

1Y

13.35%

5Y (annualized)

11.33%

10Y (annualized)

19.10%

CDNS

YTD

11.62%

1M

20.09%

6M

3.81%

1Y

12.43%

5Y (annualized)

35.37%

10Y (annualized)

32.42%

Fundamentals


TERCDNS
Market Cap$16.87B$83.38B
EPS$3.14$3.81
PE Ratio32.9979.79
PEG Ratio1.072.98
Total Revenue (TTM)$2.74B$4.35B
Gross Profit (TTM)$1.58B$4.10B
EBITDA (TTM)$711.41M$1.49B

Key characteristics


TERCDNS
Sharpe Ratio0.270.37
Sortino Ratio0.650.79
Omega Ratio1.091.09
Calmar Ratio0.260.51
Martin Ratio0.781.09
Ulcer Index15.10%11.44%
Daily Std Dev44.17%34.07%
Max Drawdown-97.30%-93.13%
Current Drawdown-37.82%-6.89%

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Correlation

-0.50.00.51.00.4

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.

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 0.27, compared to the broader market-4.00-2.000.002.004.000.270.37
The chart of Sortino ratio for TER, currently valued at 0.65, compared to the broader market-4.00-2.000.002.004.000.650.79
The chart of Omega ratio for TER, currently valued at 1.09, compared to the broader market0.501.001.502.001.091.09
The chart of Calmar ratio for TER, currently valued at 0.26, compared to the broader market0.002.004.006.000.260.51
The chart of Martin ratio for TER, currently valued at 0.78, compared to the broader market-10.000.0010.0020.0030.000.781.09
TER
CDNS

The current TER Sharpe Ratio is 0.27, which is comparable to the CDNS Sharpe Ratio of 0.37. 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 Ratio0.000.501.001.50JuneJulyAugustSeptemberOctoberNovember
0.27
0.37
TER
CDNS

Dividends

TER vs. CDNS - Dividend Comparison

TER's dividend yield for the trailing twelve months is around 0.45%, while CDNS has not paid dividends to shareholders.


TTM2023202220212020201920182017201620152014
TER
Teradyne, Inc.
0.45%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%JuneJulyAugustSeptemberOctoberNovember
-37.82%
-6.89%
TER
CDNS

Volatility

TER vs. CDNS - Volatility Comparison

The current volatility for Teradyne, Inc. (TER) is 14.23%, while Cadence Design Systems, Inc. (CDNS) has a volatility of 15.10%. This indicates that TER 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.


5.00%10.00%15.00%20.00%25.00%JuneJulyAugustSeptemberOctoberNovember
14.23%
15.10%
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