A.I.dvisor indicates that over the last year, SVCO has been loosely correlated with CDNS. These tickers have moved in lockstep 42% of the time. This A.I.-generated data suggests there is some statistical probability that if SVCO jumps, then CDNS could also see price increases.
Ticker / NAME | Correlation To SVCO | 1D Price Change % | ||
---|---|---|---|---|
SVCO | 100% | -2.96% | ||
CDNS - SVCO | 42% Loosely correlated | +0.58% | ||
DT - SVCO | 37% Loosely correlated | +1.63% | ||
DSGX - SVCO | 37% Loosely correlated | +1.19% | ||
SPT - SVCO | 37% Loosely correlated | -2.87% | ||
FRSH - SVCO | 36% Loosely correlated | -0.18% | ||
More |
Ticker / NAME | Correlation To SVCO | 1D Price Change % |
---|---|---|
SVCO | 100% | -2.96% |
Packaged Software industry (393 stocks) | 36% Loosely correlated | -0.91% |