A.I.dvisor indicates that over the last year, NUE has been closely correlated with STLD. These tickers have moved in lockstep 81% 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% | +0.43% | ||
STLD - NUE | 81% Closely correlated | -1.71% | ||
CMC - NUE | 74% Closely correlated | -0.89% | ||
RS - NUE | 72% Closely correlated | -0.81% | ||
CLF - NUE | 67% Closely correlated | -2.13% | ||
ZEUS - NUE | 66% Loosely correlated | -1.95% | ||
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