A.I.dvisor indicates that over the last year, ESAB has been loosely correlated with MLI. These tickers have moved in lockstep 47% 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% | +0.03% | ||
MLI - ESAB | 47% Loosely correlated | -2.72% | ||
NWPX - ESAB | 47% Loosely correlated | -3.71% | ||
IIIN - ESAB | 43% Loosely correlated | -2.60% | ||
RS - ESAB | 41% Loosely correlated | -0.53% | ||
PRLB - ESAB | 41% Loosely correlated | -3.52% | ||
More |
Ticker / NAME | Correlation To ESAB | 1D Price Change % |
---|---|---|
ESAB | 100% | +0.03% |
Metal Fabrication industry (37 stocks) | 30% Poorly correlated | -0.93% |