A.I.dvisor indicates that over the last year, ESAB has been loosely correlated with MLI. These tickers have moved in lockstep 46% 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% | -0.12% | ||
MLI - ESAB | 46% Loosely correlated | +0.33% | ||
IIIN - ESAB | 46% Loosely correlated | +4.82% | ||
NWPX - ESAB | 45% Loosely correlated | +1.16% | ||
RS - ESAB | 41% Loosely correlated | +1.33% | ||
PRLB - ESAB | 41% Loosely correlated | -1.05% | ||
More |
Ticker / NAME | Correlation To ESAB | 1D Price Change % |
---|---|---|
ESAB | 100% | -0.12% |
Metal Fabrication industry (37 stocks) | 27% Poorly correlated | +2.02% |