A.I.dvisor indicates that over the last year, ABEV has been loosely correlated with BUD. These tickers have moved in lockstep 58% of the time. This A.I.-generated data suggests there is some statistical probability that if ABEV jumps, then BUD could also see price increases.
| Ticker / NAME | Correlation To ABEV | 1D Price Change % | ||
|---|---|---|---|---|
| ABEV | 100% | -2.50% | ||
| BUD - ABEV | 58% Loosely correlated | -0.27% | ||
| CCU - ABEV | 46% Loosely correlated | +1.78% | ||
| FMX - ABEV | 37% Loosely correlated | -1.37% | ||
| DEO - ABEV | 35% Loosely correlated | -0.29% | ||
| TAP - ABEV | 28% Poorly correlated | -0.33% | ||
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| Ticker / NAME | Correlation To ABEV | 1D Price Change % |
|---|---|---|
| ABEV | 100% | -2.50% |
| Food: Meat/Fish/Dairy industry (7 stocks) | 35% Loosely correlated | +1.03% |