A.I.dvisor indicates that over the last year, SVCO has been loosely correlated with CDNS. These tickers have moved in lockstep 43% 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% | -3.61% | ||
CDNS - SVCO | 43% Loosely correlated | -0.55% | ||
DSGX - SVCO | 36% Loosely correlated | -1.20% | ||
NOW - SVCO | 35% Loosely correlated | -0.18% | ||
PDFS - SVCO | 34% Loosely correlated | -11.09% | ||
SPT - SVCO | 33% Loosely correlated | -5.43% | ||
More |
Ticker / NAME | Correlation To SVCO | 1D Price Change % |
---|---|---|
SVCO | 100% | -3.61% |
Packaged Software industry (398 stocks) | 34% Loosely correlated | -0.21% |