CDNS

Comparing Cardano Versus Cadence Design Systems Reveals New High

Here at CryptocurrenciesChannel.com, we find it interesting to track various ETF and stock prices versus various digital assets over time.

We noticed that as of 5/4/2022, Cardano ($ADA) can buy you the least amount of Cadence Design Systems shares, in the past year. For example, if you had 100 Cardano coins and wished to buy shares of CDNS(Symbol: CDNS) with the proceeds, you would only be able to buy 0.51 share of CDNS. That's versus a high amount of 1.87 shares over the trailing twelve months. Here's how this relationship looks charted, over the past year:

Cadence Design Systems Shares In Cardano

The main driver of the above bar chart has, of course, been the performance of Cadence Design Systems shares, relative to the performance of Cardano; and here's how the two compare over the past year on a total return basis:

CDNS Returns Vs. Cardano

Check out our Cardano historical price chart and Cadence Design Systems vs Crypto pages for additional charts. Note that any stock splits and/or dividends are included when we calculate the CDNS returns.

Be sure to follow us at CryptocurrenciesChannel.com for more interesting stock market vs. digital asset comparisons!

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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