A.I.dvisor indicates that over the last year, SNPS has been closely correlated with CDNS. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if SNPS jumps, then CDNS could also see price increases.
Ticker / NAME | Correlation To SNPS | 1D Price Change % | ||
---|---|---|---|---|
SNPS | 100% | -7.38% | ||
CDNS - SNPS | 87% Closely correlated | -4.70% | ||
PDFS - SNPS | 62% Loosely correlated | -7.39% | ||
ADSK - SNPS | 56% Loosely correlated | -0.22% | ||
DSGX - SNPS | 54% Loosely correlated | -1.24% | ||
CYBR - SNPS | 52% Loosely correlated | -2.31% | ||
More |
Ticker / NAME | Correlation To SNPS | 1D Price Change % |
---|---|---|
SNPS | 100% | -7.38% |
SNPS (2 stocks) | 99% Closely correlated | -0.20% |
design (8 stocks) | 87% Closely correlated | +0.99% |
computers (129 stocks) | 75% Closely correlated | +0.44% |
software (99 stocks) | 73% Closely correlated | +0.43% |
semiconductors (97 stocks) | 68% Closely correlated | -0.07% |