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% | +0.02% | ||
CDNS - SNPS | 89% Closely correlated | +0.27% | ||
ANSS - SNPS | 81% Closely correlated | +0.69% | ||
PDFS - SNPS | 67% Closely correlated | +4.04% | ||
S - SNPS | 65% Loosely correlated | +5.34% | ||
ORCL - SNPS | 61% Loosely correlated | +1.54% | ||
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