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% | +2.05% | ||
| NWPX - ESAB | 53% Loosely correlated | +0.97% | ||
| WOR - ESAB | 46% Loosely correlated | -1.18% | ||
| RS - ESAB | 41% Loosely correlated | +0.46% | ||
| ATI - ESAB | 41% Loosely correlated | -0.12% | ||
| PRLB - ESAB | 40% Loosely correlated | +2.80% | ||
More | ||||
| Ticker / NAME | Correlation To ESAB | 1D Price Change % |
|---|---|---|
| ESAB | 100% | +2.05% |
| Metal Fabrication industry (18 stocks) | 28% Poorly correlated | +0.66% |
| Producer Manufacturing industry (351 stocks) | 11% Poorly correlated | +0.58% |