A.I.dvisor indicates that over the last year, MEC has been loosely correlated with ESAB. These tickers have moved in lockstep 38% of the time. This A.I.-generated data suggests there is some statistical probability that if MEC jumps, then ESAB could also see price increases.
Ticker / NAME | Correlation To MEC | 1D Price Change % | ||
---|---|---|---|---|
MEC | 100% | -2.76% | ||
ESAB - MEC | 38% Loosely correlated | -1.05% | ||
GFF - MEC | 33% Poorly correlated | -0.30% | ||
MT - MEC | 33% Poorly correlated | -0.90% | ||
ZEUS - MEC | 32% Poorly correlated | +0.71% | ||
STLD - MEC | 32% Poorly correlated | +0.78% | ||
More |
Ticker / NAME | Correlation To MEC | 1D Price Change % |
---|---|---|
MEC | 100% | -2.76% |
Metal Fabrication industry (32 stocks) | 16% Poorly correlated | +0.16% |