Cadence Enterprise Value Over E B I T D A from 2010 to 2024
| CDNS Stock | USD 285.02 4.77 1.70% |
Enterprise Value Over EBITDA | First Reported 2010-12-31 | Previous Quarter 51.72034368 | Current Value 46.13 | Quarterly Volatility 15.05873169 |
Check Cadence Design financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cadence main balance sheet or income statement drivers, such as Depreciation And Amortization of 118.9 M, Interest Expense of 38 M or Selling General Administrative of 152.6 M, as well as many exotic indicators such as Price To Sales Ratio of 18.84, Dividend Yield of 0.0546 or PTB Ratio of 22.63. Cadence financial statements analysis is a perfect complement when working with Cadence Design Valuation or Volatility modules.
Cadence | Enterprise Value Over E B I T D A |
Latest Cadence Design's Enterprise Value Over E B I T D A Growth Pattern
Below is the plot of the Enterprise Value Over E B I T D A of Cadence Design Systems over the last few years. It is Cadence Design's Enterprise Value Over EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cadence Design's overall financial position and show how it may be relating to other accounts over time.
| Enterprise Value Over E B I T D A | 10 Years Trend |
|
Enterprise Value Over E B I T D A |
| Timeline |
Cadence Enterprise Value Over E B I T D A Regression Statistics
| Arithmetic Mean | 45.61 | |
| Geometric Mean | 41.96 | |
| Coefficient Of Variation | 33.02 | |
| Mean Deviation | 12.02 | |
| Median | 54.89 | |
| Standard Deviation | 15.06 | |
| Sample Variance | 226.77 | |
| Range | 42.7925 | |
| R-Value | 0.34 | |
| Mean Square Error | 216.45 | |
| R-Squared | 0.11 | |
| Significance | 0.22 | |
| Slope | 1.14 | |
| Total Sum of Squares | 3,175 |
Cadence Enterprise Value Over E B I T D A History
About Cadence Design Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Cadence Design income statement, its balance sheet, and the statement of cash flows. Cadence Design investors use historical funamental indicators, such as Cadence Design's Enterprise Value Over E B I T D A, to determine how well the company is positioned to perform in the future. Although Cadence Design investors may use each financial statement separately, they are all related. The changes in Cadence Design's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cadence Design's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Cadence Design Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cadence Design. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Enterprise Value Over EBITDA | 51.72 | 46.13 |
Cadence Design Investors Sentiment
The influence of Cadence Design's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cadence. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Cadence Design's public news can be used to forecast risks associated with an investment in Cadence. The trend in average sentiment can be used to explain how an investor holding Cadence can time the market purely based on public headlines and social activities around Cadence Design Systems. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cadence Design's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cadence Design's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cadence Design's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cadence Design.
Cadence Design Implied Volatility | 40.29 |
Cadence Design's implied volatility exposes the market's sentiment of Cadence Design Systems stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cadence Design's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cadence Design stock will not fluctuate a lot when Cadence Design's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cadence Design in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cadence Design's short interest history, or implied volatility extrapolated from Cadence Design options trading.
Pair Trading with Cadence Design
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cadence Design position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cadence Design will appreciate offsetting losses from the drop in the long position's value.Moving together with Cadence Stock
| 0.63 | DJCO | Daily Journal Corp | PairCorr |
Moving against Cadence Stock
| 0.59 | DT | Dynatrace Holdings LLC Financial Report 15th of May 2024 | PairCorr |
| 0.5 | EB | Eventbrite Class A Financial Report 14th of May 2024 | PairCorr |
| 0.48 | DMAN | Innovativ Media Group | PairCorr |
| 0.45 | DV | DoubleVerify Holdings Financial Report 8th of May 2024 | PairCorr |
| 0.43 | U | Unity Software Financial Report 8th of May 2024 | PairCorr |
The ability to find closely correlated positions to Cadence Design could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cadence Design when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cadence Design - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cadence Design Systems to buy it.
The correlation of Cadence Design is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cadence Design moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cadence Design Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cadence Design can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Cadence Design Correlation against competitors. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Complementary 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.
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Is Cadence Design's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cadence Design. If investors know Cadence will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cadence Design listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.351 | Earnings Share 3.81 | Revenue Per Share 15.183 | Quarterly Revenue Growth 0.188 | Return On Assets 0.1474 |
The market value of Cadence Design Systems is measured differently than its book value, which is the value of Cadence that is recorded on the company's balance sheet. Investors also form their own opinion of Cadence Design's value that differs from its market value or its book value, called intrinsic value, which is Cadence Design's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cadence Design's market value can be influenced by many factors that don't directly affect Cadence Design's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cadence Design's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cadence Design is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cadence Design's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.