A.I.dvisor indicates that over the last year, SVCO has been loosely correlated with CDNS. These tickers have moved in lockstep 40% 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% | +3.68% | ||
| CDNS - SVCO | 40% Loosely correlated | -0.77% | ||
| PDFS - SVCO | 39% Loosely correlated | +0.04% | ||
| DUOT - SVCO | 37% Loosely correlated | -0.22% | ||
| ADEA - SVCO | 37% Loosely correlated | -0.80% | ||
| CRNC - SVCO | 35% Loosely correlated | -1.67% | ||
More | ||||
| Ticker / NAME | Correlation To SVCO | 1D Price Change % |
|---|---|---|
| SVCO | 100% | +3.68% |
| Packaged Software industry (225 stocks) | 11% Poorly correlated | +0.96% |
| Technology Services industry (399 stocks) | 2% Poorly correlated | +0.72% |