A.I.dvisor indicates that over the last year, ESAB has been loosely correlated with MLI. These tickers have moved in lockstep 53% of the time. This A.I.-generated data suggests there is some statistical probability that if ESAB jumps, then MLI could also see price increases.
Ticker / NAME | Correlation To ESAB | 1D Price Change % | ||
---|---|---|---|---|
ESAB | 100% | -8.37% | ||
MLI - ESAB | 53% Loosely correlated | -6.69% | ||
NWPX - ESAB | 51% Loosely correlated | -4.93% | ||
IIIN - ESAB | 48% Loosely correlated | -6.53% | ||
RS - ESAB | 41% Loosely correlated | -6.32% | ||
PRLB - ESAB | 41% Loosely correlated | -8.32% | ||
More |
Ticker / NAME | Correlation To ESAB | 1D Price Change % |
---|---|---|
ESAB | 100% | -8.37% |
Metal Fabrication industry (36 stocks) | 36% Loosely correlated | -3.20% |