A.I.dvisor indicates that over the last year, SVCO has been loosely correlated with CDNS. These tickers have moved in lockstep 38% 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% | +3.36% | ||
| CDNS - SVCO | 38% Loosely correlated | -2.93% | ||
| PDFS - SVCO | 38% Loosely correlated | +4.80% | ||
| ADEA - SVCO | 36% Loosely correlated | +2.64% | ||
| DUOT - SVCO | 36% Loosely correlated | +3.31% | ||
| CRNC - SVCO | 34% Loosely correlated | -3.17% | ||
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| Ticker / NAME | Correlation To SVCO | 1D Price Change % |
|---|---|---|
| SVCO | 100% | +3.36% |
| Packaged Software industry (225 stocks) | 17% Poorly correlated | -1.68% |
| Technology Services industry (397 stocks) | 17% Poorly correlated | -1.80% |