A.I.dvisor indicates that over the last year, IDCC has been loosely correlated with CDNS. These tickers have moved in lockstep 43% of the time. This A.I.-generated data suggests there is some statistical probability that if IDCC jumps, then CDNS could also see price increases.
Ticker / NAME | Correlation To IDCC | 1D Price Change % | ||
---|---|---|---|---|
IDCC | 100% | -0.37% | ||
CDNS - IDCC | 43% Loosely correlated | +0.28% | ||
ACIW - IDCC | 42% Loosely correlated | -0.11% | ||
CVLT - IDCC | 40% Loosely correlated | -1.82% | ||
ALRM - IDCC | 39% Loosely correlated | -1.69% | ||
QTWO - IDCC | 39% Loosely correlated | -0.32% | ||
More |
Ticker / NAME | Correlation To IDCC | 1D Price Change % |
---|---|---|
IDCC | 100% | -0.37% |
Packaged Software industry (399 stocks) | 48% Loosely correlated | +0.12% |