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% | +1.76% | ||
CDNS - SNPS | 87% Closely correlated | +2.79% | ||
ANSS - SNPS | 85% Closely correlated | +1.37% | ||
PDFS - SNPS | 67% Closely correlated | +1.08% | ||
S - SNPS | 65% Loosely correlated | +2.45% | ||
ADSK - SNPS | 59% Loosely correlated | -0.66% | ||
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