A.I.dvisor indicates that over the last year, ORCL has been loosely correlated with CDNS. These tickers have moved in lockstep 61% of the time. This A.I.-generated data suggests there is some statistical probability that if ORCL jumps, then CDNS could also see price increases.
Ticker / NAME | Correlation To ORCL | 1D Price Change % | ||
---|---|---|---|---|
ORCL | 100% | +4.65% | ||
CDNS - ORCL | 61% Loosely correlated | +6.16% | ||
MSFT - ORCL | 58% Loosely correlated | +3.45% | ||
SNPS - ORCL | 57% Loosely correlated | +3.95% | ||
ANSS - ORCL | 55% Loosely correlated | +2.51% | ||
DSGX - ORCL | 53% Loosely correlated | +2.40% | ||
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