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% | -0.72% | ||
CDNS - SNPS | 87% Closely correlated | -1.65% | ||
S - SNPS | 68% Closely correlated | +1.64% | ||
PDFS - SNPS | 66% Closely correlated | +0.26% | ||
MSFT - SNPS | 60% Loosely correlated | -0.32% | ||
DDOG - SNPS | 57% Loosely correlated | +1.31% | ||
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