A.I.dvisor indicates that over the last year, CMC has been closely correlated with NUE. These tickers have moved in lockstep 81% 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% | +1.21% | ||
NUE - CMC | 81% Closely correlated | +1.36% | ||
STLD - CMC | 79% Closely correlated | +1.22% | ||
RS - CMC | 79% Closely correlated | -0.80% | ||
ZEUS - CMC | 73% Closely correlated | +1.31% | ||
WS - CMC | 72% Closely correlated | +2.49% | ||
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