A.I.dvisor indicates that over the last year, VALE has been closely correlated with RIO. These tickers have moved in lockstep 79% of the time. This A.I.-generated data suggests there is a high statistical probability that if VALE jumps, then RIO could also see price increases.
Ticker / NAME | Correlation To VALE | 1D Price Change % | ||
---|---|---|---|---|
VALE | 100% | -0.84% | ||
RIO - VALE | 79% Closely correlated | -1.16% | ||
BHP - VALE | 77% Closely correlated | -2.53% | ||
SCCO - VALE | 69% Closely correlated | -1.23% | ||
FCX - VALE | 63% Loosely correlated | -0.58% | ||
TECK - VALE | 61% Loosely correlated | +1.66% | ||
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