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% | +0.47% | ||
CDNS - SNPS | 87% Closely correlated | +1.78% | ||
ANSS - SNPS | 85% Closely correlated | -0.10% | ||
PDFS - SNPS | 69% Closely correlated | -4.18% | ||
DSGX - SNPS | 54% Loosely correlated | -1.43% | ||
ADSK - SNPS | 53% Loosely correlated | -2.33% | ||
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