The result of a property based formal verification analysis of a circuit design may include at least one counterexample for each property that is violated, which a user can use to debug the circuit design. To assist the user in this debugging process, a debugging tool applies one or more soft constraints to a counterexample trace that simplify the appearance of the trace when displayed as a waveform. The debugging tool thus facilitates a user's understanding of what parts of the counterexample trace are responsible for the property failure. Also described is a power analysis tool that increases the noise level of a trace for a circuit design in order to facilitate analysis of the circuit design's power characteristics.