A.I.dvisor indicates that over the last year, SNPS has been closely correlated with CDNS. These tickers have moved in lockstep 85% 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% | -1.96% | ||
CDNS - SNPS | 85% Closely correlated | -0.68% | ||
PDFS - SNPS | 64% Loosely correlated | -0.98% | ||
MSFT - SNPS | 56% Loosely correlated | +0.64% | ||
CLSK - SNPS | 55% Loosely correlated | -0.96% | ||
RIOT - SNPS | 53% Loosely correlated | -0.43% | ||
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