A.I.dvisor indicates that over the last year, SNPS has been closely correlated with CDNS. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if SNPS jumps, then CDNS could also see price increases.
Ticker / NAME | Correlation To SNPS | 1D Price Change % | ||
---|---|---|---|---|
SNPS | 100% | +7.29% | ||
CDNS - SNPS | 88% Closely correlated | +9.74% | ||
S - SNPS | 67% Closely correlated | -4.64% | ||
PDFS - SNPS | 66% Closely correlated | -0.08% | ||
MSFT - SNPS | 59% Loosely correlated | +0.01% | ||
ROP - SNPS | 57% Loosely correlated | +0.72% | ||
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