A.I.dvisor indicates that over the last year, ESAB has been loosely correlated with MLI. These tickers have moved in lockstep 50% 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% | -1.84% | ||
MLI - ESAB | 50% Loosely correlated | -1.63% | ||
IIIN - ESAB | 44% Loosely correlated | -0.20% | ||
NWPX - ESAB | 43% Loosely correlated | +0.23% | ||
RS - ESAB | 41% Loosely correlated | +0.15% | ||
PRLB - ESAB | 41% Loosely correlated | -1.47% | ||
More |
Ticker / NAME | Correlation To ESAB | 1D Price Change % |
---|---|---|
ESAB | 100% | -1.84% |
Metal Fabrication industry (36 stocks) | 28% Poorly correlated | -0.93% |