A.I.dvisor indicates that over the last year, ESAB has been loosely correlated with MLI. These tickers have moved in lockstep 56% 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% | -0.11% | ||
| MLI - ESAB | 56% Loosely correlated | +0.79% | ||
| NWPX - ESAB | 53% Loosely correlated | -1.42% | ||
| PRLB - ESAB | 49% Loosely correlated | +0.19% | ||
| MEC - ESAB | 44% Loosely correlated | -3.38% | ||
| RS - ESAB | 41% Loosely correlated | -0.14% | ||
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| Ticker / NAME | Correlation To ESAB | 1D Price Change % |
|---|---|---|
| ESAB | 100% | -0.11% |
| Metal Fabrication industry (32 stocks) | 34% Loosely correlated | +1.81% |