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% | +1.09% | ||
CDNS - SNPS | 89% Closely correlated | +0.22% | ||
ANSS - SNPS | 84% Closely correlated | -1.18% | ||
PDFS - SNPS | 67% Closely correlated | -0.83% | ||
S - SNPS | 65% Loosely correlated | +0.16% | ||
MSFT - SNPS | 63% Loosely correlated | +0.20% | ||
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