A.I.dvisor indicates that over the last year, ELMD has been loosely correlated with PEN. These tickers have moved in lockstep 42% of the time. This A.I.-generated data suggests there is some statistical probability that if ELMD jumps, then PEN could also see price increases.
| Ticker / NAME | Correlation To ELMD | 1D Price Change % | ||
|---|---|---|---|---|
| ELMD | 100% | +0.38% | ||
| PEN - ELMD | 42% Loosely correlated | -0.29% | ||
| TCMD - ELMD | 41% Loosely correlated | +2.57% | ||
| BFLY - ELMD | 39% Loosely correlated | +4.64% | ||
| SGHT - ELMD | 39% Loosely correlated | +3.16% | ||
| CERS - ELMD | 39% Loosely correlated | +2.80% | ||
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| Ticker / NAME | Correlation To ELMD | 1D Price Change % |
|---|---|---|
| ELMD | 100% | +0.38% |
| Medical/Nursing Services industry (218 stocks) | 12% Poorly correlated | +1.94% |
| Health Services industry (413 stocks) | -2% Poorly correlated | +2.27% |