A.I.dvisor indicates that over the last year, SNPS has been closely correlated with CDNS. These tickers have moved in lockstep 87% 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% | -1.40% | ||
CDNS - SNPS | 87% Closely correlated | -1.39% | ||
ANSS - SNPS | 83% Closely correlated | +1.10% | ||
PDFS - SNPS | 64% Loosely correlated | +11.59% | ||
CLSK - SNPS | 55% Loosely correlated | +1.72% | ||
MSFT - SNPS | 54% Loosely correlated | +0.53% | ||
More |