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% | +1.10% | ||
| NWPX - ESAB | 53% Loosely correlated | -2.99% | ||
| WOR - ESAB | 42% Loosely correlated | +1.01% | ||
| RS - ESAB | 41% Loosely correlated | +1.27% | ||
| PRLB - ESAB | 40% Loosely correlated | -0.12% | ||
| MEC - ESAB | 39% Loosely correlated | -0.85% | ||
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| Ticker / NAME | Correlation To ESAB | 1D Price Change % |
|---|---|---|
| ESAB | 100% | +1.10% |
| Metal Fabrication industry (18 stocks) | 21% Poorly correlated | -0.46% |
| Producer Manufacturing industry (350 stocks) | 13% Poorly correlated | -0.09% |