A.I.dvisor indicates that over the last year, IDCC has been loosely correlated with CDNS. These tickers have moved in lockstep 44% 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% | +1.05% | ||
CDNS - IDCC | 44% Loosely correlated | -2.23% | ||
ACIW - IDCC | 42% Loosely correlated | -1.66% | ||
CVLT - IDCC | 40% Loosely correlated | -5.53% | ||
QTWO - IDCC | 38% Loosely correlated | -2.28% | ||
ALRM - IDCC | 38% Loosely correlated | -1.73% | ||
More |
Ticker / NAME | Correlation To IDCC | 1D Price Change % |
---|---|---|
IDCC | 100% | +1.05% |
Packaged Software industry (395 stocks) | 46% Loosely correlated | +0.66% |