Cadence Design Systems, Inc. (CDNS) - Risk-Adjusted Returns & Sharpe Ratio | pfolio
Cadence Design Systems, Inc. (CDNS): 1Y return 6.6%, Sharpe ratio 0.35, volatility 39.5%, max drawdown -34.2%. A Stock in the Equity asset class. Compare CDNS with other assets and invest through your own broker with pfolio.
Cadence Design Systems, Inc. (CDNS) Overview
- Type: Stock
- Asset Class: Equity
- Region: Americas
- Country: US (Developed)
- Currency: USD
CDNS Performance
- MTD
- Return: 5.5%, Sharpe: 4.34, Volatility: 40.7%, Max Drawdown: -3.1%
- YTD
- Return: 11.5%, Sharpe: 0.53, Volatility: 42.8%, Max Drawdown: -34.2%
- 1Y
- Return: 6.6%, Sharpe: 0.35, Volatility: 39.5%, Max Drawdown: -34.2%
- 5Y
- Return: 132.0%, Sharpe: 0.63, Volatility: 36.5%, Max Drawdown: -34.2%
- 10Y
- Return: 1253.1%, Sharpe: 0.91, Volatility: 34.0%, Max Drawdown: -34.2%
Frequently Asked Questions
- What is Cadence Design Systems, Inc. (CDNS)?
- Cadence Design Systems, Inc. (CDNS) is a Stock in the Equity asset class. pfolio shows its cumulative return, volatility, Sharpe ratio, and max drawdown across MTD, YTD, 1Y, 5Y, 10Y, 20Y, and all-time periods.
- How does CDNS compare to other assets?
- You can compare CDNS with any other asset using pfolio's comparison tool, which ranks assets side-by-side by risk-adjusted returns.
- Can I invest in CDNS through pfolio?
- pfolio helps you build diversified portfolios that may include CDNS. You invest through your own broker — pfolio provides the analytics.