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% | +1.41% | ||
RIO - VALE | 80% Closely correlated | +1.96% | ||
BHP - VALE | 76% Closely correlated | +2.35% | ||
SCCO - VALE | 67% Closely correlated | +2.12% | ||
FCX - VALE | 62% Loosely correlated | +3.27% | ||
FSUGY - VALE | 57% Loosely correlated | +2.86% | ||
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