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% | +6.16% | ||
SNPS - CDNS | 88% Closely correlated | +3.95% | ||
ANSS - CDNS | 77% Closely correlated | +2.51% | ||
PDFS - CDNS | 61% Loosely correlated | +4.80% | ||
CVLT - CDNS | 60% Loosely correlated | +6.23% | ||
ORCL - CDNS | 59% Loosely correlated | +4.65% | ||
More |