A.I.dvisor indicates that over the last year, SVCO has been loosely correlated with CDNS. These tickers have moved in lockstep 42% of the time. This A.I.-generated data suggests there is some statistical probability that if SVCO jumps, then CDNS could also see price increases.
| Ticker / NAME | Correlation To SVCO | 1D Price Change % | ||
|---|---|---|---|---|
| SVCO | 100% | -1.23% | ||
| CDNS - SVCO | 42% Loosely correlated | +2.66% | ||
| FRSH - SVCO | 42% Loosely correlated | +3.12% | ||
| DT - SVCO | 40% Loosely correlated | +0.54% | ||
| SPT - SVCO | 40% Loosely correlated | +2.70% | ||
| DSGX - SVCO | 39% Loosely correlated | +0.63% | ||
More | ||||
| Ticker / NAME | Correlation To SVCO | 1D Price Change % |
|---|---|---|
| SVCO | 100% | -1.23% |
| Packaged Software industry (390 stocks) | 41% Loosely correlated | +0.94% |