A.I.dvisor tells us that MELI and PDD have been poorly correlated (+28% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that MELI and PDD's prices will move in lockstep.
Ticker / NAME | Correlation To MELI | 1D Price Change % | ||
---|---|---|---|---|
MELI | 100% | -0.06% | ||
PDD - MELI | 28% Poorly correlated | +5.30% | ||
JMIA - MELI | 27% Poorly correlated | -1.07% | ||
AMZN - MELI | 25% Poorly correlated | +2.39% | ||
W - MELI | 23% Poorly correlated | +3.88% | ||
CHWY - MELI | 22% Poorly correlated | -0.70% | ||
More |