Cadence Design Systems, Inc. (CDNS) - Risk-Adjusted Returns & Sharpe Ratio | pfolio
Cadence Design Systems, Inc. (CDNS): 1Y return 0.2%, Sharpe ratio 0.20, volatility 39.2%, max drawdown -28.8%. 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: 2.2%, Sharpe: 1.12, Volatility: 29.6%, Max Drawdown: -7.9%
- YTD
- Return: 11.2%, Sharpe: 0.58, Volatility: 43.1%, Max Drawdown: -24.7%
- 1Y
- Return: 0.2%, Sharpe: 0.20, Volatility: 39.2%, Max Drawdown: -28.8%
- 5Y
- Return: 113.9%, Sharpe: 0.59, Volatility: 36.0%, Max Drawdown: -29.6%
- 10Y
- Return: 1259.2%, Sharpe: 0.92, Volatility: 33.7%, Max Drawdown: -32.1%
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.