A.I.dvisor indicates that over the last year, ESAB has been loosely correlated with NWPX. These tickers have moved in lockstep 39% of the time. This A.I.-generated data suggests there is some statistical probability that if ESAB jumps, then NWPX could also see price increases.
Ticker / NAME | Correlation To ESAB | 1D Price Change % | ||
---|---|---|---|---|
ESAB | 100% | -6.29% | ||
NWPX - ESAB | 39% Loosely correlated | -3.43% | ||
PRLB - ESAB | 38% Loosely correlated | -2.49% | ||
GFF - ESAB | 38% Loosely correlated | -5.06% | ||
CODI - ESAB | 38% Loosely correlated | -3.61% | ||
MDU - ESAB | 37% Loosely correlated | -1.48% | ||
More |
Ticker / NAME | Correlation To ESAB | 1D Price Change % |
---|---|---|
ESAB | 100% | -6.29% |
Steel industry (65 stocks) | 32% Poorly correlated | -0.19% |
Metal Fabrication industry (36 stocks) | 23% Poorly correlated | +0.76% |