A.I.dvisor indicates that over the last year, GMS has been loosely correlated with BLDR. These tickers have moved in lockstep 65% of the time. This A.I.-generated data suggests there is some statistical probability that if GMS jumps, then BLDR could also see price increases.
Ticker / NAME | Correlation To GMS | 1D Price Change % | ||
---|---|---|---|---|
GMS | 100% | -0.10% | ||
BLDR - GMS | 65% Loosely correlated | +0.69% | ||
ROCK - GMS | 62% Loosely correlated | -1.01% | ||
AZEK - GMS | 59% Loosely correlated | +0.28% | ||
TREX - GMS | 57% Loosely correlated | +0.43% | ||
JELD - GMS | 47% Loosely correlated | -3.76% | ||
More |
Ticker / NAME | Correlation To GMS | 1D Price Change % |
---|---|---|
GMS | 100% | -0.10% |
GMS (3 stocks) | 79% Closely correlated | -0.36% |
building (34 stocks) | 65% Loosely correlated | -0.84% |
Building Products (58 stocks) | 62% Loosely correlated | -0.28% |
wholesale distributor (25 stocks) | 61% Loosely correlated | -0.60% |
industrial machinery (81 stocks) | 58% Loosely correlated | -0.59% |