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3-1 Month Momentum % is the total return of the stock from 3-month ago to 1-month ago. As of today (2026-08-06), Cadence Design Systems's 3-1 Month Momentum % is 5.88%.
The industry rank for Cadence Design Systems's 3-1 Month Momentum % or its related term are showing as below:
CDNS's 3-1 Month Momentum % is ranked better than 74.09% of 2844
companies
in the Software industry
Industry Median: -5.88
vs CDNS: 5.88
Cadence Design Systems (NAS:CDNS) 3-1 Month Momentum % Explanation
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 3-1 Month Momentum % measures the total return to a stock over the past three months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Cadence Design Systems 3-1 Month Momentum % Related Terms
CDNS vs ADBE, DDOG, SNOW: 3-1 Month Momentum % Comparison
For the Software - Application subindustry, Cadence Design Systems's 3-1 Month Momentum %, along with its competitors' market caps and 3-1 Month Momentum % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cadence Design Systems 3-1 Month Momentum % vs Software Industry
For the Software industry and Technology sector, Cadence Design Systems's 3-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Cadence Design Systems's 3-1 Month Momentum % falls into.
Cadence Design Systems (NAS:CDNS) 3-1 Month Momentum % Calculation
3-1 Month Momentum % is calculated as following:
3-1 Month Momentum %
=
( Price 1-month ago
/
Price 3-month ago
- 1 )
*
100 %
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Cadence Design Systems (CDNS) has a 3-1 Month Momentum % of 5.88% as of Aug. 06, 2026. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Cadence Design Systems and its competitors. According to the industry distribution chart, Cadence Design Systems ranks #737 out of 2844 companies in the Software industry, placing it in the top 25.9%.
Is Cadence Design Systems' 3-1 Month Momentum % too high?
Cadence Design Systems' current 3-1 Month Momentum % is 5.88%. Based on the distribution chart, Cadence Design Systems ranks #737 out of 2844 companies in the Software industry, which is above the industry midpoint. Overall, Cadence Design Systems has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cadence Design Systems' 3-1 Month Momentum % compare to ADBE and DDOG?
According to the Software industry distribution chart, Cadence Design Systems ranks #737 out of 2844 companies for 3-1 Month Momentum %. This puts Cadence Design Systems in the upper half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-1 Month Momentum % for a Software company?
A good 3-1 Month Momentum % depends on the Software industry context. However, 3-1 Month Momentum % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-1 Month Momentum % mean?
A high 3-1 Month Momentum % can signal that a stock is expensive relative to its fundamentals. 3-1 Month Momentum measures the total return of the stock from 3-month ago to 1-month ago. View historical data on Cadence Design Systems and its competitors. Cadence Design Systems's current 3-1 Month Momentum % is 5.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cadence Design Systems stock overvalued right now?
Based on GuruFocus' analysis, Cadence Design Systems (CDNS) is currently considered Modestly Undervalued. The stock's GF Value™ is $389.55, compared to a current price of $338.42 — trading 13.1% below its estimated fair value. The current 3-1 Month Momentum % is 5.88%. Cadence Design Systems' overall GF Score™ is 99/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-1 Month Momentum % calculated?
3-1 Month Momentum % is calculated from a company's financial statements. For Cadence Design Systems (CDNS), the current 3-1 Month Momentum % is 5.88% as of Aug. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Cadence Design Systems (CDNS) Overvalued in 2026?
Based on GuruFocus' analysis, Cadence Design Systems stock appears to be undervalued.
The current stock price of $338.42 is trading 13.1% below its estimated GF Value™ of $389.55.
GuruFocus considers Cadence Design Systems to be Modestly Undervalued.
Key valuation signals for CDNS:
3-1 Month Momentum %: 5.88%
GF Value™: $389.55 vs. price of $338.42 (13.1% below fair value)
No single metric tells the full story. See the CDNS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cadence Design Systems is a provider of electronic design automation software, intellectual property, and system design and analysis products. EDA software automates and aids in the chip design process, enhancing design accuracy, productivity, and complexity in a full-flow end-to-end solution. Cadence offers a portfolio of design IP, as well as system design and analysis products, which enables system-level analysis and verification solutions.
99GF Score
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3-1 Month Momentum % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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