A.I.dvisor indicates that over the last year, NUE has been closely correlated with STLD. These tickers have moved in lockstep 80% of the time. This A.I.-generated data suggests there is a high statistical probability that if NUE jumps, then STLD could also see price increases.
Ticker / NAME | Correlation To NUE | 1D Price Change % | ||
---|---|---|---|---|
NUE | 100% | +2.48% | ||
STLD - NUE | 80% Closely correlated | +3.05% | ||
CMC - NUE | 73% Closely correlated | +3.74% | ||
RS - NUE | 71% Closely correlated | +1.24% | ||
CLF - NUE | 66% Closely correlated | +4.93% | ||
ZEUS - NUE | 65% Loosely correlated | +2.65% | ||
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