SNPS Synopsys, Inc. Common Stock

Last close: 450.46
504-day return: -13.11%
Median $/day: $724.7M
Relationships shown: 14

together opposite · bar = ρ at each lag, −10 … 0 … +10 days · holdout ρ · click a card for the full picture

SNPS vs CDNS

Both indexed to 100 at 2026-05-11.

SNPS CDNS · range 71–114 · 2026-05-11 → 2026-11-06

Moves with SNPS

Same day, ranked by what's left after the market and sector factors are removed ("beyond mkt").

CDNS Cadence Design Systems, Inc. Common Stock

ρ +0.79beyond mkt +0.62holdout +0.83stable 100%robust

XLK State Street Technology Select Sector SPDR ETF

ρ +0.63beyond mkt +0.17holdout +0.58stable 100%robust

XITK State Street SPDR FactSet Innovative Technology ETF

ρ +0.63beyond mkt +0.16holdout +0.61stable 100%robust

QQEW First Trust Nasdaq-100 Select Equal Weight ETF

ρ +0.63beyond mkt +0.16holdout +0.58stable 100%robust

FXL First Trust Technology AlphaDEX Fund

ρ +0.64beyond mkt +0.13holdout +0.59stable 100%robust

PRCS Parnassus Core Select ETF

ρ +0.57beyond mkt +0.09holdout +0.39stable 100%robust

Moves against SNPS

VXX iPath Series B S&P 500 VIX Short-Term Futures ETN

ρ -0.44beyond mkt +0.09holdout -0.31stable 100%robust

VIXM ProShares VIX Mid-Term Futures ETF

ρ -0.38beyond mkt +0.07holdout -0.23stable 100%robust

BTAL AGF U.S. Market Neutral Anti-Beta Fund

ρ -0.49beyond mkt +0.07holdout -0.46stable 100%robust

TAIL Cambria Tail Risk ETF

ρ -0.42beyond mkt +0.04holdout -0.33stable 100%robust

Weekly, not daily

No day-to-day relationship, but 5- or 10-day returns move together.

UAVS AgEagle Aerial Systems, Inc.

horizon 10dρ +0.40holdout +0.46stable 50%moderate

ARCC Ares Capital Corporation Common Stock

horizon 10dρ +0.39holdout +0.12stable 75%moderate

GFAI Guardforce AI Co., Limited Ordinary Shares

horizon 5dρ +0.31holdout +0.23stable 62%moderate

LAZR Tema Photonics & Optical ETF

horizon 5dρ +0.31holdout +0.37stable 50%moderate

Changed this quarter

Biggest shifts in same-day correlation over the last 63 trading days versus the year before.

CHWY Chewy, Inc.

Δ -0.70recent -0.41prior +0.29beyond mkt +0.03

TRU TransUnion

Δ -0.65recent -0.28prior +0.37beyond mkt +0.01

PAWZ ProShares Pet Care ETF

Δ -0.65recent -0.33prior +0.32beyond mkt +0.04

EVER EverQuote, Inc. Class A Common Stock

Δ -0.64recent -0.37prior +0.27beyond mkt -0.00

WEX WEX Inc.

Δ -0.63recent -0.33prior +0.30beyond mkt +0.02

WDAY Workday, Inc. Class A Common Stock

Δ -0.63recent -0.27prior +0.36beyond mkt +0.08

Hidden links

Strong beyond-the-market co-movement with few shared neighbours.

Symbol	beyond mkt	raw ρ	shared	isolation
CDNS Cadence Design Systems, Inc. Common Stock	+0.62	+0.79	12