A.I.dvisor indicates that over the last year, MANH has been loosely correlated with CDNS. These tickers have moved in lockstep 45% of the time. This A.I.-generated data suggests there is some statistical probability that if MANH jumps, then CDNS could also see price increases.
Ticker / NAME | Correlation To MANH | 1D Price Change % | ||
---|---|---|---|---|
MANH | 100% | -3.04% | ||
CDNS - MANH | 45% Loosely correlated | -4.70% | ||
SNPS - MANH | 42% Loosely correlated | -7.38% | ||
DSGX - MANH | 41% Loosely correlated | -1.24% | ||
SPSC - MANH | 40% Loosely correlated | -4.29% | ||
CYBR - MANH | 39% Loosely correlated | -2.31% | ||
More |
Ticker / NAME | Correlation To MANH | 1D Price Change % |
---|---|---|
MANH | 100% | -3.04% |
software theme (99 stocks) | 52% Loosely correlated | +0.43% |
software as a service theme (12 stocks) | 50% Loosely correlated | +0.25% |
computers theme (129 stocks) | 49% Loosely correlated | +0.44% |
chain theme (26 stocks) | 46% Loosely correlated | +1.29% |