A.I.dvisor indicates that over the last year, MELI has been loosely correlated with JMIA. These tickers have moved in lockstep 36% of the time. This A.I.-generated data suggests there is some statistical probability that if MELI jumps, then JMIA could also see price increases.
Ticker / NAME | Correlation To MELI | 1D Price Change % | ||
---|---|---|---|---|
MELI | 100% | -0.75% | ||
JMIA - MELI | 36% Loosely correlated | -2.61% | ||
DASH - MELI | 35% Loosely correlated | +0.51% | ||
SE - MELI | 32% Poorly correlated | +0.05% | ||
QVCGP - MELI | 28% Poorly correlated | -2.51% | ||
CHWY - MELI | 27% Poorly correlated | +1.47% | ||
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