A.I.dvisor indicates that over the last year, CDNS has been closely correlated with SNPS. These tickers have moved in lockstep 88% 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% | +0.01% | ||
SNPS - CDNS | 88% Closely correlated | +3.89% | ||
CVLT - CDNS | 61% Loosely correlated | -0.46% | ||
MSFT - CDNS | 59% Loosely correlated | -0.67% | ||
ORCL - CDNS | 57% Loosely correlated | +6.31% | ||
S - CDNS | 56% Loosely correlated | +0.52% | ||
More |
Ticker / NAME | Correlation To CDNS | 1D Price Change % |
---|---|---|
CDNS | 100% | +0.01% |
CDNS (2 stocks) | 85% Closely correlated | -3.32% |
Packaged Software (395 stocks) | 63% Loosely correlated | -0.78% |