A.I.dvisor indicates that over the last year, MEC has been loosely correlated with ESAB. These tickers have moved in lockstep 43% 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% | -4.98% | ||
| ESAB - MEC | 43% Loosely correlated | -3.04% | ||
| MLI - MEC | 40% Loosely correlated | -1.29% | ||
| IIIN - MEC | 35% Loosely correlated | -1.43% | ||
| RYI - MEC | 33% Loosely correlated | +0.14% | ||
| GFF - MEC | 33% Poorly correlated | -2.56% | ||
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| Ticker / NAME | Correlation To MEC | 1D Price Change % |
|---|---|---|
| MEC | 100% | -4.98% |
| Metal Fabrication industry (32 stocks) | 20% Poorly correlated | +0.50% |