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% | +0.01% | ||
SNPS - CDNS | 84% Closely correlated | -0.42% | ||
CVLT - CDNS | 61% Loosely correlated | -1.88% | ||
S - CDNS | 59% Loosely correlated | +1.01% | ||
MSFT - CDNS | 58% Loosely correlated | +0.31% | ||
ORCL - CDNS | 58% Loosely correlated | -0.91% | ||
More |
Ticker / NAME | Correlation To CDNS | 1D Price Change % |
---|---|---|
CDNS | 100% | +0.01% |
CDNS (2 stocks) | 83% Closely correlated | +1.84% |
Packaged Software (395 stocks) | 62% Loosely correlated | +2.88% |