A.I.dvisor indicates that over the last year, FDEM has been loosely correlated with NUEM. These tickers have moved in lockstep 34% of the time. This A.I.-generated data suggests there is some statistical probability that if FDEM jumps, then NUEM could also see price increases.
Ticker / NAME | Correlation To FDEM | 1D Price Change % | ||
---|---|---|---|---|
FDEM | 100% | -0.42% | ||
NUEM - FDEM | 34% Loosely correlated | -0.55% | ||
SPEM - FDEM | 27% Poorly correlated | -0.18% | ||
VWO - FDEM | 27% Poorly correlated | -0.27% | ||
EEM - FDEM | 26% Poorly correlated | -0.30% | ||
IEMG - FDEM | 26% Poorly correlated | -0.32% | ||
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