A.I.dvisor indicates that over the last year, IPM has been loosely correlated with ESTC. These tickers have moved in lockstep 38% of the time. This A.I.-generated data suggests there is some statistical probability that if IPM jumps, then ESTC could also see price increases.
| Ticker / NAME | Correlation To IPM | 1D Price Change % | ||
|---|---|---|---|---|
| IPM | 100% | -2.30% | ||
| ESTC - IPM | 38% Loosely correlated | -0.41% | ||
| SOUN - IPM | 24% Poorly correlated | -3.37% | ||
| DMRC - IPM | 23% Poorly correlated | -9.81% | ||
| MYSZ - IPM | 23% Poorly correlated | -2.28% | ||
| LYFT - IPM | 23% Poorly correlated | -0.35% | ||
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| Ticker / NAME | Correlation To IPM | 1D Price Change % |
|---|---|---|
| IPM | 100% | -2.30% |
| Packaged Software industry (229 stocks) | 16% Poorly correlated | +1.26% |
| Technology Services industry (400 stocks) | 16% Poorly correlated | +0.94% |