A.I.dvisor indicates that over the last year, CMC has been closely correlated with NUE. These tickers have moved in lockstep 74% 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% | +1.05% | ||
NUE - CMC | 74% Closely correlated | +3.45% | ||
STLD - CMC | 73% Closely correlated | +2.38% | ||
RS - CMC | 70% Closely correlated | +0.57% | ||
ZEUS - CMC | 65% Loosely correlated | +2.23% | ||
RDUS - CMC | 59% Loosely correlated | +6.88% | ||
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