A.I.dvisor indicates that over the last year, MELI has been loosely correlated with CVNA. These tickers have moved in lockstep 52% of the time. This A.I.-generated data suggests there is some statistical probability that if MELI jumps, then CVNA could also see price increases.
| Ticker / NAME | Correlation To MELI | 1D Price Change % | ||
|---|---|---|---|---|
| MELI | 100% | -2.20% | ||
| CVNA - MELI | 52% Loosely correlated | +0.61% | ||
| SE - MELI | 48% Loosely correlated | -4.75% | ||
| JMIA - MELI | 38% Loosely correlated | -1.46% | ||
| AMZN - MELI | 35% Loosely correlated | -1.79% | ||
| DASH - MELI | 34% Loosely correlated | -2.73% | ||
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