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% | -1.65% | ||
| CDNS - SNPS | 88% Closely correlated | -2.60% | ||
| S - SNPS | 67% Closely correlated | +0.06% | ||
| PDFS - SNPS | 66% Closely correlated | -3.46% | ||
| ROP - SNPS | 57% Loosely correlated | +0.12% | ||
| BSY - SNPS | 55% Loosely correlated | -0.67% | ||
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| Ticker / NAME | Correlation To SNPS | 1D Price Change % |
|---|---|---|
| SNPS | 100% | -1.65% |
| SNPS (4 stocks) | 97% Closely correlated | +0.91% |
| Computer Communications (225 stocks) | 49% Loosely correlated | -1.03% |