A.I.dvisor indicates that over the last year, VALE has been closely correlated with RIO. These tickers have moved in lockstep 80% 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% | -0.73% | ||
RIO - VALE | 80% Closely correlated | -1.39% | ||
BHP - VALE | 77% Closely correlated | -0.39% | ||
SCCO - VALE | 68% Closely correlated | -0.56% | ||
FCX - VALE | 63% Loosely correlated | -0.82% | ||
TECK - VALE | 58% Loosely correlated | -0.48% | ||
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