A.I.dvisor indicates that over the last year, CDNS has been closely correlated with SNPS. These tickers have moved in lockstep 89% 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% | +0.36% | ||
SNPS - CDNS | 89% Closely correlated | +1.49% | ||
ANSS - CDNS | 73% Closely correlated | +0.51% | ||
ORCL - CDNS | 64% Loosely correlated | -0.61% | ||
MSFT - CDNS | 61% Loosely correlated | +0.19% | ||
PDFS - CDNS | 60% Loosely correlated | +2.21% | ||
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