A.I.dvisor indicates that over the last year, MEC has been loosely correlated with ESAB. These tickers have moved in lockstep 41% of the time. This A.I.-generated data suggests there is some statistical probability that if MEC jumps, then ESAB could also see price increases.
| Ticker / NAME | Correlation To MEC | 1D Price Change % | ||
|---|---|---|---|---|
| MEC | 100% | -0.48% | ||
| ESAB - MEC | 41% Loosely correlated | -1.86% | ||
| MLI - MEC | 37% Loosely correlated | +0.78% | ||
| IIIN - MEC | 37% Loosely correlated | +1.63% | ||
| GFF - MEC | 33% Poorly correlated | +0.28% | ||
| MT - MEC | 33% Poorly correlated | +1.95% | ||
More | ||||
| Ticker / NAME | Correlation To MEC | 1D Price Change % |
|---|---|---|
| MEC | 100% | -0.48% |
| Metal Fabrication industry (32 stocks) | 20% Poorly correlated | +0.83% |