A.I.dvisor indicates that over the last year, CDNS has been closely correlated with SNPS. These tickers have moved in lockstep 86% 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% | -4.40% | ||
SNPS - CDNS | 86% Closely correlated | -5.03% | ||
PDFS - CDNS | 62% Loosely correlated | -3.57% | ||
MSFT - CDNS | 61% Loosely correlated | -2.79% | ||
ADSK - CDNS | 55% Loosely correlated | -2.45% | ||
PTC - CDNS | 54% Loosely correlated | -0.58% | ||
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