Cadence Design Systems Stock Price History
| CDNS Stock | USD 306.81 2.13 0.70% |
Below is the normalized historical share price chart for Cadence Design Systems extending back to June 15, 1987. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Cadence Design stands at 306.81, as last reported on the 30th of November, with the highest price reaching 310.29 and the lowest price hitting 304.29 during the day.
If you're considering investing in Cadence Stock, it is important to understand the factors that can impact its price. Cadence Design appears to be very steady, given 3 months investment horizon. Cadence Design Systems secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Cadence Design Systems, which you can use to evaluate the volatility of the firm. Please makes use of Cadence Design's risk adjusted performance of 0.0875, and Mean Deviation of 1.73 to double-check if our risk estimates are consistent with your expectations.
At this time, Cadence Design's Total Stockholder Equity is comparatively stable compared to the past year. Liabilities And Stockholders Equity is likely to gain to about 6 B in 2024, despite the fact that Other Stockholder Equity is likely to grow to (4.4 B). . At this time, Cadence Design's Price Fair Value is comparatively stable compared to the past year. Cadence Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 10th of June 1987 | 200 Day MA 288.5858 | 50 Day MA 280.7724 | Beta 1.02 |
Cadence |
Sharpe Ratio = 0.1276
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | CDNS | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.47 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.32 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Cadence Design is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Cadence Design by adding it to a well-diversified portfolio.
Price Book 18.3117 | Enterprise Value Ebitda 53.6215 | Price Sales 19.3267 | Shares Float 271.7 M | Wall Street Target Price 312.1155 |
Cadence Design Stock Price History Chart
There are several ways to analyze Cadence Stock price data. The simplest method is using a basic Cadence candlestick price chart, which shows Cadence Design price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
| Highest Price | November 25, 2024 | 312.39 |
| Lowest Price | September 6, 2024 | 247.52 |
Cadence Design November 30, 2024 Stock Price Synopsis
Various analyses of Cadence Design's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Cadence Stock. It can be used to describe the percentage change in the price of Cadence Design from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Cadence Stock.| Cadence Design Accumulation Distribution | 17,185 | |
| Cadence Design Price Daily Balance Of Power | 0.35 | |
| Cadence Design Price Action Indicator | 0.58 | |
| Cadence Design Price Rate Of Daily Change | 1.01 |
Cadence Design November 30, 2024 Stock Price Analysis
Cadence Stock Price History Data
The price series of Cadence Design for the period between Sun, Sep 1, 2024 and Sat, Nov 30, 2024 has a statistical range of 64.87 with a coefficient of variation of 6.67. The prices are distributed with arithmetic mean of 276.99. The median price for the last 90 days is 273.76. The company had 2:1 stock split on 17th of November 1997.| Open | High | Low | Close | Volume | ||
| 11/29/2024 | 304.37 | 310.29 | 304.29 | 306.81 | 888,720 | |
| 11/27/2024 | 308.22 | 308.86 | 302.49 | 304.68 | 924,338 | |
| 11/26/2024 | 314.55 | 316.37 | 309.42 | 310.10 | 1,127,885 | |
| 11/25/2024 | 314.96 | 315.30 | 309.15 | 312.39 | 1,937,883 | |
| 11/22/2024 | 308.70 | 313.36 | 307.02 | 311.87 | 1,363,636 | |
| 11/21/2024 | 306.11 | 308.45 | 300.95 | 306.51 | 1,111,280 | |
| 11/20/2024 | 298.83 | 305.23 | 296.07 | 304.01 | 1,634,823 | |
| 11/19/2024 | 291.05 | 300.00 | 290.05 | 299.63 | 1,259,703 | |
| 11/18/2024 | 291.18 | 295.95 | 288.77 | 294.33 | 1,763,327 | |
| 11/15/2024 | 298.45 | 298.58 | 287.49 | 289.71 | 1,583,159 | |
| 11/14/2024 | 304.46 | 306.19 | 299.64 | 303.04 | 1,611,802 | |
| 11/13/2024 | 295.68 | 309.96 | 295.64 | 306.47 | 2,149,225 | |
| 11/12/2024 | 301.26 | 301.77 | 295.51 | 297.77 | 1,197,867 | |
| 11/11/2024 | 300.48 | 301.25 | 296.29 | 300.90 | 1,157,834 | |
| 11/08/2024 | 303.48 | 305.52 | 299.47 | 301.25 | 1,241,007 | |
| 11/07/2024 | 298.73 | 304.35 | 297.77 | 301.72 | 1,412,486 | |
| 11/06/2024 | 298.00 | 305.00 | 293.60 | 296.75 | 2,756,552 | |
| 11/05/2024 | 289.50 | 294.78 | 289.50 | 291.21 | 1,964,264 | |
| 11/04/2024 | 284.52 | 291.95 | 282.60 | 289.34 | 2,496,664 | |
| 11/01/2024 | 275.50 | 283.00 | 275.42 | 282.09 | 1,772,730 | |
| 10/31/2024 | 287.44 | 288.49 | 276.07 | 276.12 | 2,761,819 | |
| 10/30/2024 | 280.50 | 290.20 | 278.96 | 290.00 | 3,426,690 | |
| 10/29/2024 | 274.86 | 287.02 | 271.99 | 284.45 | 5,940,758 | |
| 10/28/2024 | 258.72 | 258.90 | 251.81 | 252.77 | 3,098,201 | |
| 10/25/2024 | 254.19 | 260.08 | 254.19 | 257.30 | 2,023,189 | |
| 10/24/2024 | 251.05 | 251.86 | 247.46 | 251.28 | 1,735,624 | |
| 10/23/2024 | 249.73 | 251.23 | 246.92 | 249.09 | 1,732,095 | |
| 10/22/2024 | 252.00 | 252.99 | 246.60 | 251.51 | 2,923,456 | |
| 10/21/2024 | 256.00 | 258.11 | 252.71 | 253.15 | 2,827,019 | |
| 10/18/2024 | 263.23 | 265.12 | 258.25 | 258.52 | 3,982,353 | |
| 10/17/2024 | 268.73 | 268.88 | 262.88 | 263.03 | 2,234,918 | |
| 10/16/2024 | 270.76 | 271.89 | 262.46 | 262.95 | 2,103,541 | |
| 10/15/2024 | 283.66 | 284.35 | 268.86 | 269.47 | 2,438,590 | |
| 10/14/2024 | 284.73 | 285.00 | 280.87 | 282.14 | 1,235,387 | |
| 10/11/2024 | 280.47 | 283.14 | 279.22 | 282.39 | 1,386,273 | |
| 10/10/2024 | 277.13 | 281.49 | 276.84 | 280.64 | 1,038,593 | |
| 10/09/2024 | 270.59 | 280.21 | 268.61 | 279.56 | 1,397,817 | |
| 10/08/2024 | 263.57 | 270.78 | 263.57 | 270.15 | 1,684,863 | |
| 10/07/2024 | 265.21 | 265.90 | 261.41 | 262.86 | 1,232,439 | |
| 10/04/2024 | 272.41 | 272.87 | 266.51 | 268.65 | 1,072,157 | |
| 10/03/2024 | 264.38 | 268.63 | 264.38 | 265.79 | 1,118,868 | |
| 10/02/2024 | 262.25 | 269.76 | 262.25 | 267.01 | 1,168,175 | |
| 10/01/2024 | 273.48 | 273.99 | 263.03 | 263.32 | 1,902,223 | |
| 09/30/2024 | 272.13 | 272.63 | 268.18 | 271.03 | 1,693,412 | |
| 09/27/2024 | 275.19 | 275.89 | 271.01 | 274.13 | 1,135,427 | |
| 09/26/2024 | 279.98 | 280.93 | 272.23 | 274.23 | 1,497,201 | |
| 09/25/2024 | 268.37 | 272.10 | 268.37 | 271.80 | 1,626,050 | |
| 09/24/2024 | 274.76 | 276.18 | 270.67 | 273.32 | 1,300,738 | |
| 09/23/2024 | 274.64 | 276.96 | 273.65 | 274.08 | 1,113,976 | |
| 09/20/2024 | 278.58 | 279.97 | 273.54 | 273.76 | 2,983,879 | |
| 09/19/2024 | 283.38 | 284.95 | 279.86 | 280.35 | 1,641,107 | |
| 09/18/2024 | 275.16 | 276.60 | 269.47 | 269.69 | 1,378,969 | |
| 09/17/2024 | 275.98 | 279.33 | 274.01 | 274.79 | 1,804,319 | |
| 09/16/2024 | 268.91 | 273.88 | 266.85 | 273.13 | 1,325,162 | |
| 09/13/2024 | 269.41 | 270.98 | 266.22 | 268.72 | 927,031 | |
| 09/12/2024 | 265.24 | 272.28 | 264.55 | 269.90 | 1,984,180 | |
| 09/11/2024 | 256.35 | 265.03 | 254.80 | 264.72 | 2,269,550 | |
| 09/10/2024 | 253.91 | 256.69 | 252.34 | 255.85 | 1,513,856 | |
| 09/09/2024 | 251.33 | 253.02 | 245.77 | 252.81 | 2,329,902 | |
| 09/06/2024 | 251.84 | 254.45 | 245.45 | 247.52 | 1,729,281 | |
| 09/05/2024 | 249.28 | 255.79 | 248.61 | 250.85 | 1,460,086 |
About Cadence Design Stock history
Cadence Design investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Cadence is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Cadence Design Systems will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Cadence Design stock prices may prove useful in developing a viable investing in Cadence Design
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 272.7 M | 259.7 M | |
| Net Income Applicable To Common Shares | 976.3 M | 1 B |
Cadence Design Quarterly Net Working Capital |
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Cadence Design Stock Technical Analysis
Cadence Design technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
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Cadence Design Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Cadence Design's price direction in advance. Along with the technical and fundamental analysis of Cadence Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Cadence to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0875 | |||
| Jensen Alpha | 0.106 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.058 | |||
| Treynor Ratio | 0.2195 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Cadence Stock Analysis
When running Cadence Design's price analysis, check to measure Cadence Design's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cadence Design is operating at the current time. Most of Cadence Design's value examination focuses on studying past and present price action to predict the probability of Cadence Design's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cadence Design's price. Additionally, you may evaluate how the addition of Cadence Design to your portfolios can decrease your overall portfolio volatility.