A.I.dvisor indicates that over the last year, CDNS has been closely correlated with SNPS. These tickers have moved in lockstep 84% of the time. This A.I.-generated data suggests there is a high statistical probability that if CDNS jumps, then SNPS could also see price increases.
Ticker / NAME | Correlation To CDNS | 1D Price Change % | ||
---|---|---|---|---|
CDNS | 100% | -1.62% | ||
SNPS - CDNS | 84% Closely correlated | -0.89% | ||
PDFS - CDNS | 60% Loosely correlated | -0.54% | ||
S - CDNS | 59% Loosely correlated | -3.70% | ||
MSFT - CDNS | 58% Loosely correlated | -0.78% | ||
ORCL - CDNS | 58% Loosely correlated | -2.75% | ||
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