A.I.dvisor indicates that over the last year, CMC has been closely correlated with NUE. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if CMC jumps, then NUE could also see price increases.
Ticker / NAME | Correlation To CMC | 1D Price Change % | ||
---|---|---|---|---|
CMC | 100% | -0.13% | ||
NUE - CMC | 82% Closely correlated | -0.23% | ||
STLD - CMC | 80% Closely correlated | +0.68% | ||
RS - CMC | 78% Closely correlated | +0.16% | ||
WS - CMC | 71% Closely correlated | -0.57% | ||
ZEUS - CMC | 70% Closely correlated | -4.02% | ||
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