A.I.dvisor indicates that over the last year, SNPS has been closely correlated with CDNS. These tickers have moved in lockstep 85% 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% | -1.96% | ||
CDNS - SNPS | 85% Closely correlated | -0.68% | ||
PDFS - SNPS | 65% Loosely correlated | -0.98% | ||
ANSS - SNPS | 51% Loosely correlated | +0.13% | ||
DDOG - SNPS | 50% Loosely correlated | +0.70% | ||
S - SNPS | 50% Loosely correlated | -1.20% | ||
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