A.I.dvisor indicates that over the last year, ESAB has been loosely correlated with MLI. These tickers have moved in lockstep 49% of the time. This A.I.-generated data suggests there is some statistical probability that if ESAB jumps, then MLI could also see price increases.
Ticker / NAME | Correlation To ESAB | 1D Price Change % | ||
---|---|---|---|---|
ESAB | 100% | -2.26% | ||
MLI - ESAB | 49% Loosely correlated | -2.62% | ||
IIIN - ESAB | 45% Loosely correlated | +3.00% | ||
GFF - ESAB | 38% Loosely correlated | +18.20% | ||
CODI - ESAB | 38% Loosely correlated | -0.52% | ||
WOR - ESAB | 38% Loosely correlated | -1.73% | ||
More |
Ticker / NAME | Correlation To ESAB | 1D Price Change % |
---|---|---|
ESAB | 100% | -2.26% |
Metal Fabrication industry (36 stocks) | 38% Loosely correlated | -0.50% |
Steel industry (65 stocks) | 32% Poorly correlated | -0.98% |