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A.I.dvisor indicates that over the last year, SNPS has been closely correlated with CDNS. These tickers have moved in lockstep 86% 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% | -2.64% | ||
CDNS - SNPS | 86% Closely correlated | -3.03% | ||
MSFT - SNPS | 58% Loosely correlated | -2.43% | ||
INTU - SNPS | 55% Loosely correlated | +1.01% | ||
CLSK - SNPS | 55% Loosely correlated | -2.35% | ||
CRWD - SNPS | 54% Loosely correlated | -1.53% | ||
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