A.I.dvisor indicates that over the last year, NBR has been closely correlated with PDS. These tickers have moved in lockstep 67% of the time. This A.I.-generated data suggests there is a high statistical probability that if NBR jumps, then PDS could also see price increases.
Ticker / NAME | Correlation To NBR | 1D Price Change % | ||
---|---|---|---|---|
NBR | 100% | -4.11% | ||
PDS - NBR | 67% Closely correlated | -1.91% | ||
RIG - NBR | 64% Loosely correlated | -1.17% | ||
SDRL - NBR | 59% Loosely correlated | +1.20% | ||
HP - NBR | 48% Loosely correlated | +0.30% | ||
PTEN - NBR | 43% Loosely correlated | -0.24% | ||
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Ticker / NAME | Correlation To NBR | 1D Price Change % |
---|---|---|
NBR | 100% | -4.11% |
NBR (3 stocks) | 96% Closely correlated | -0.66% |
drilling (8 stocks) | 94% Closely correlated | -0.72% |
offshore energy (8 stocks) | 86% Closely correlated | -0.57% |
Contract Drilling (20 stocks) | 85% Closely correlated | -0.02% |
energy (52 stocks) | 50% Loosely correlated | -0.12% |
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