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% | +0.38% | ||
| CVNA - MELI | 52% Loosely correlated | -0.70% | ||
| DASH - MELI | 46% Loosely correlated | +0.81% | ||
| CPNG - MELI | 43% Loosely correlated | +6.45% | ||
| SE - MELI | 36% Loosely correlated | +1.27% | ||
| JMIA - MELI | 34% Loosely correlated | -5.98% | ||
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