A.I.dvisor indicates that over the last year, SVCO has been loosely correlated with CDNS. These tickers have moved in lockstep 41% 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% | +0.37% | ||
CDNS - SVCO | 41% Loosely correlated | -1.89% | ||
DSGX - SVCO | 36% Loosely correlated | -2.62% | ||
DT - SVCO | 36% Loosely correlated | -1.71% | ||
SPT - SVCO | 36% Loosely correlated | -3.35% | ||
FRSH - SVCO | 35% Loosely correlated | -2.06% | ||
More |
Ticker / NAME | Correlation To SVCO | 1D Price Change % |
---|---|---|
SVCO | 100% | +0.37% |
Packaged Software industry (396 stocks) | 35% Loosely correlated | +0.11% |