A.I.dvisor indicates that over the last year, CMC has been closely correlated with NUE. These tickers have moved in lockstep 79% 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% | +1.51% | ||
NUE - CMC | 79% Closely correlated | +1.42% | ||
STLD - CMC | 79% Closely correlated | +0.92% | ||
RS - CMC | 75% Closely correlated | +0.88% | ||
MTUS - CMC | 71% Closely correlated | +1.73% | ||
WS - CMC | 69% Closely correlated | +0.71% | ||
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