A.I.dvisor indicates that over the last year, CMC has been closely correlated with STLD. These tickers have moved in lockstep 73% 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% | -1.34% | ||
| STLD - CMC | 73% Closely correlated | -2.13% | ||
| RS - CMC | 68% Closely correlated | -3.22% | ||
| NUE - CMC | 66% Loosely correlated | -2.48% | ||
| MTUS - CMC | 65% Loosely correlated | -1.29% | ||
| WS - CMC | 63% Loosely correlated | -0.25% | ||
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| Ticker / NAME | Correlation To CMC | 1D Price Change % |
|---|---|---|
| CMC | 100% | -1.34% |
| CMC (4 stocks) | 79% Closely correlated | -2.29% |
| Metal Fabrication (18 stocks) | 16% Poorly correlated | -0.31% |
| Producer Manufacturing (354 stocks) | 14% Poorly correlated | -1.31% |