A.I.dvisor indicates that over the last year, ESAB has been loosely correlated with MLI. These tickers have moved in lockstep 61% 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% | -0.38% | ||
MLI - ESAB | 61% Loosely correlated | -0.54% | ||
CRS - ESAB | 55% Loosely correlated | +0.41% | ||
NWPX - ESAB | 53% Loosely correlated | -1.50% | ||
IIIN - ESAB | 50% Loosely correlated | -1.94% | ||
PRLB - ESAB | 49% Loosely correlated | -1.53% | ||
More |
Ticker / NAME | Correlation To ESAB | 1D Price Change % |
---|---|---|
ESAB | 100% | -0.38% |
Metal Fabrication industry (35 stocks) | 48% Loosely correlated | +0.33% |