A.I.dvisor indicates that over the last year, CMC has been closely correlated with STLD. These tickers have moved in lockstep 72% of the time. This A.I.-generated data suggests there is a high statistical probability that if CMC jumps, then STLD could also see price increases.
Ticker / NAME | Correlation To CMC | 1D Price Change % | ||
---|---|---|---|---|
CMC | 100% | -1.27% | ||
STLD - CMC | 72% Closely correlated | -1.70% | ||
RS - CMC | 70% Closely correlated | -2.15% | ||
NUE - CMC | 65% Loosely correlated | -1.10% | ||
ZEUS - CMC | 62% Loosely correlated | -2.16% | ||
RDUS - CMC | 62% Loosely correlated | -1.84% | ||
More |
Ticker / NAME | Correlation To CMC | 1D Price Change % |
---|---|---|
CMC | 100% | -1.27% |
CMC (4 stocks) | 82% Closely correlated | -2.39% |
steel (30 stocks) | 80% Closely correlated | -1.00% |
metal products (28 stocks) | 77% Closely correlated | -1.12% |
Steel (65 stocks) | 77% Closely correlated | -0.98% |