CDNS vs QUAL
To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is CDNS is a Sell and QUAL is a Hold.
Long-Term Analysis
It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).
CDNS’s FA Score shows that 1 FA rating(s) are green while.
- CDNS’s FA Score: 1 green, 4 red.
Short-Term Analysis
It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.
If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.
CDNS’s TA Score shows that 6 TA indicator(s) are bullish.
- CDNS’s TA Score: 6 bullish, 3 bearish.
Price Growth
CDNS (@Packaged Software) experienced а -3.83% price change this weekfor the same time period.
The average weekly price growth across all stocks in the @Packaged Software industry was -1.01%. For the same industry, the average monthly price growth was +2.04%, and the average quarterly price growth was +3.33%.
Reported Earning Dates
CDNS is expected to report earnings on Feb 25, 2025.
Industries' Descriptions
@Packaged Software (-1.01% weekly)Packaged software comprises multiple software programs bundled together and sold as a group. For example, Microsoft Office includes multiple applications such as Excel, Word, and PowerPoint. In some cases, buying a bundled product is cheaper than purchasing each item individually[s20] . Microsoft Corporation, Oracle Corp. and Adobe are some major American packaged software makers.
CDNS | ||
|---|---|---|
OUTLOOK RATING 1..100 | 29 | |
VALUATION overvalued / fair valued / undervalued 1..100 | 83 Overvalued | |
PROFIT vs RISK RATING 1..100 | 7 | |
SMR RATING 1..100 | 37 | |
PRICE GROWTH RATING 1..100 | 34 | |
P/E GROWTH RATING 1..100 | 65 | |
SEASONALITY SCORE 1..100 | 50 |
Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.
| CDNS | QUAL | |
|---|---|---|
| RSI ODDS (%) | 3 days ago 46% | 4 days ago 77% |
| Stochastic ODDS (%) | 3 days ago 61% | 3 days ago 77% |
| Momentum ODDS (%) | 3 days ago 77% | 3 days ago 89% |
| MACD ODDS (%) | 3 days ago 75% | 3 days ago 79% |
| TrendWeek ODDS (%) | 3 days ago 56% | 3 days ago 77% |
| TrendMonth ODDS (%) | 3 days ago 76% | 3 days ago 79% |
| Advances ODDS (%) | 11 days ago 75% | 10 days ago 87% |
| Declines ODDS (%) | 3 days ago 55% | 3 days ago 75% |
| BollingerBands ODDS (%) | N/A | 3 days ago 89% |
| Aroon ODDS (%) | 3 days ago 77% | 3 days ago 86% |
| 1 Day | |||
|---|---|---|---|
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| EWO | 21.20 | 0.15 | +0.71% |
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| CGCP | 22.36 | -0.02 | -0.09% |
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| PMAR | 39.77 | -0.17 | -0.43% |
| Innovator U.S. Equity Power BffrETF™-Mar | |||
| LSAF | 42.51 | -0.26 | -0.61% |
| LeaderSharesTM AlphaFactor® US Cr Eq ETF | |||
CDNS and
Correlation & Price change
A.I.dvisor indicates that over the last year, CDNS has been closely correlated with SNPS. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if CDNS jumps, then SNPS could also see price increases.
| Ticker / NAME | Correlation To CDNS | 1D Price Change % | ||
|---|---|---|---|---|
| CDNS | 100% | -4.40% | ||
| SNPS - CDNS | 86% Closely correlated | -5.03% | ||
| PDFS - CDNS | 62% Loosely correlated | -3.57% | ||
| MSFT - CDNS | 61% Loosely correlated | -2.79% | ||
| ADSK - CDNS | 55% Loosely correlated | -2.45% | ||
| PTC - CDNS | 54% Loosely correlated | -0.58% | ||
More | ||||
QUAL and
Correlation & Price change
A.I.dvisor indicates that over the last year, QUAL has been closely correlated with CDNS. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if QUAL jumps, then CDNS could also see price increases.
| Ticker / NAME | Correlation To QUAL | 1D Price Change % | ||
|---|---|---|---|---|
| QUAL | 100% | -1.64% | ||
| CDNS - QUAL | 76% Closely correlated | -4.40% | ||
| KLAC - QUAL | 72% Closely correlated | -4.73% | ||
| LRCX - QUAL | 72% Closely correlated | -6.34% | ||
| ANET - QUAL | 71% Closely correlated | -3.00% | ||
| AMAT - QUAL | 70% Closely correlated | -9.20% | ||
More | ||||