A.I.dvisor indicates that over the last year, ESAB has been loosely correlated with MLI. These tickers have moved in lockstep 45% 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% | -0.77% | ||
MLI - ESAB | 45% Loosely correlated | -1.88% | ||
WOR - ESAB | 45% Loosely correlated | -1.24% | ||
IIIN - ESAB | 44% Loosely correlated | -0.50% | ||
NWPX - ESAB | 43% Loosely correlated | -1.12% | ||
RS - ESAB | 41% Loosely correlated | -2.69% | ||
More |
Ticker / NAME | Correlation To ESAB | 1D Price Change % |
---|---|---|
ESAB | 100% | -0.77% |
Metal Fabrication industry (35 stocks) | 27% Poorly correlated | +0.31% |