A.I.dvisor indicates that over the last year, ORCL has been loosely correlated with CDNS. These tickers have moved in lockstep 57% of the time. This A.I.-generated data suggests there is some statistical probability that if ORCL jumps, then CDNS could also see price increases.
Ticker / NAME | Correlation To ORCL | 1D Price Change % | ||
---|---|---|---|---|
ORCL | 100% | +0.92% | ||
CDNS - ORCL | 57% Loosely correlated | +9.74% | ||
MSFT - ORCL | 56% Loosely correlated | +0.01% | ||
SNPS - ORCL | 54% Loosely correlated | +7.29% | ||
ADSK - ORCL | 53% Loosely correlated | +0.70% | ||
DSGX - ORCL | 52% Loosely correlated | -0.16% | ||
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