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% | +0.49% | ||
RIO - VALE | 80% Closely correlated | -0.03% | ||
BHP - VALE | 77% Closely correlated | -0.61% | ||
TECK - VALE | 65% Loosely correlated | -2.85% | ||
FSUGY - VALE | 57% Loosely correlated | +2.50% | ||
GLNCY - VALE | 56% Loosely correlated | -0.39% | ||
More |