A.I.dvisor indicates that over the last year, IDCC has been loosely correlated with CDNS. These tickers have moved in lockstep 43% of the time. This A.I.-generated data suggests there is some statistical probability that if IDCC jumps, then CDNS could also see price increases.
| Ticker / NAME | Correlation To IDCC | 1D Price Change % | ||
|---|---|---|---|---|
| IDCC | 100% | -4.01% | ||
| CDNS - IDCC | 43% Loosely correlated | +2.66% | ||
| ACIW - IDCC | 42% Loosely correlated | +0.76% | ||
| CVLT - IDCC | 40% Loosely correlated | +1.85% | ||
| APPS - IDCC | 39% Loosely correlated | +1.81% | ||
| UBER - IDCC | 38% Loosely correlated | +1.17% | ||
More | ||||
| Ticker / NAME | Correlation To IDCC | 1D Price Change % |
|---|---|---|
| IDCC | 100% | -4.01% |
| Packaged Software industry (390 stocks) | 43% Loosely correlated | +0.94% |