A.I.dvisor indicates that over the last year, ESAB has been loosely correlated with NWPX. These tickers have moved in lockstep 53% of the time. This A.I.-generated data suggests there is some statistical probability that if ESAB jumps, then NWPX could also see price increases.
| Ticker / NAME | Correlation To ESAB | 1D Price Change % | ||
|---|---|---|---|---|
| ESAB | 100% | +4.54% | ||
| NWPX - ESAB | 53% Loosely correlated | -1.68% | ||
| WOR - ESAB | 49% Loosely correlated | +1.02% | ||
| CMC - ESAB | 42% Loosely correlated | +2.40% | ||
| RS - ESAB | 41% Loosely correlated | +0.58% | ||
| PRLB - ESAB | 40% Loosely correlated | -14.60% | ||
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| Ticker / NAME | Correlation To ESAB | 1D Price Change % |
|---|---|---|
| ESAB | 100% | +4.54% |
| Metal Fabrication industry (18 stocks) | 44% Loosely correlated | +1.58% |
| Producer Manufacturing industry (347 stocks) | 11% Poorly correlated | +0.58% |