A.I.dvisor indicates that over the last year, CMC has been closely correlated with STLD. These tickers have moved in lockstep 76% of the time. This A.I.-generated data suggests there is a high statistical probability that if CMC jumps, then STLD could also see price increases.
Ticker / NAME | Correlation To CMC | 1D Price Change % | ||
---|---|---|---|---|
CMC | 100% | -4.55% | ||
STLD - CMC | 76% Closely correlated | -3.14% | ||
NUE - CMC | 75% Closely correlated | -4.33% | ||
RS - CMC | 73% Closely correlated | -2.57% | ||
MTUS - CMC | 67% Closely correlated | -2.58% | ||
WS - CMC | 65% Loosely correlated | -3.58% | ||
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