A.I.dvisor indicates that over the last year, ITW has been closely correlated with LECO. These tickers have moved in lockstep 68% of the time. This A.I.-generated data suggests there is a high statistical probability that if ITW jumps, then LECO could also see price increases.
Ticker / NAME | Correlation To ITW | 1D Price Change % | ||
---|---|---|---|---|
ITW | 100% | +0.28% | ||
LECO - ITW | 68% Closely correlated | -0.68% | ||
IEX - ITW | 68% Closely correlated | -0.68% | ||
ROP - ITW | 68% Closely correlated | -2.93% | ||
GGG - ITW | 67% Closely correlated | +0.50% | ||
FELE - ITW | 63% Loosely correlated | -0.57% | ||
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