A.I.dvisor indicates that over the last year, ELMD has been loosely correlated with MASI. These tickers have moved in lockstep 37% of the time. This A.I.-generated data suggests there is some statistical probability that if ELMD jumps, then MASI could also see price increases.
| Ticker / NAME | Correlation To ELMD | 1D Price Change % | ||
|---|---|---|---|---|
| ELMD | 100% | +3.23% | ||
| MASI - ELMD | 37% Loosely correlated | +4.37% | ||
| KRMD - ELMD | 34% Loosely correlated | +8.64% | ||
| AVNS - ELMD | 33% Loosely correlated | +4.68% | ||
| ARAY - ELMD | 33% Loosely correlated | +11.71% | ||
| SMTI - ELMD | 32% Poorly correlated | +1.78% | ||
More | ||||
| Ticker / NAME | Correlation To ELMD | 1D Price Change % |
|---|---|---|
| ELMD | 100% | +3.23% |
| Medical/Nursing Services industry (216 stocks) | 46% Loosely correlated | +2.90% |
| Health Services industry (423 stocks) | -2% Poorly correlated | +2.35% |