A.I.dvisor indicates that over the last year, SNPS has been closely correlated with CDNS. These tickers have moved in lockstep 89% 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% | +1.73% | ||
CDNS - SNPS | 89% Closely correlated | +2.07% | ||
ANSS - SNPS | 81% Closely correlated | +0.50% | ||
PDFS - SNPS | 66% Closely correlated | +2.44% | ||
S - SNPS | 66% Loosely correlated | +1.52% | ||
ADSK - SNPS | 60% Loosely correlated | +0.85% | ||
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