A.I.dvisor indicates that over the last year, ESAB has been loosely correlated with MLI. These tickers have moved in lockstep 43% 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% | +1.42% | ||
MLI - ESAB | 43% Loosely correlated | +3.92% | ||
NWPX - ESAB | 42% Loosely correlated | +1.95% | ||
RS - ESAB | 41% Loosely correlated | +4.88% | ||
CMC - ESAB | 40% Loosely correlated | +3.85% | ||
IIIN - ESAB | 40% Loosely correlated | +3.45% | ||
More |
Ticker / NAME | Correlation To ESAB | 1D Price Change % |
---|---|---|
ESAB | 100% | +1.42% |
Metal Fabrication industry (36 stocks) | 36% Loosely correlated | +0.63% |