A.I.dvisor indicates that over the last year, CMC has been closely correlated with NUE. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if CMC jumps, then NUE could also see price increases.
Ticker / NAME | Correlation To CMC | 1D Price Change % | ||
---|---|---|---|---|
CMC | 100% | -0.55% | ||
NUE - CMC | 75% Closely correlated | +0.95% | ||
STLD - CMC | 75% Closely correlated | +0.66% | ||
RS - CMC | 71% Closely correlated | +1.33% | ||
ZEUS - CMC | 66% Closely correlated | +0.15% | ||
RDUS - CMC | 58% Loosely correlated | +5.38% | ||
More |