A.I.dvisor indicates that over the last year, MELAX has been closely correlated with RNWFX. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if MELAX jumps, then RNWFX could also see price increases.
| Ticker / NAME | Correlation To MELAX | 1D Price Change % | ||
|---|---|---|---|---|
| MELAX | 100% | -0.40% | ||
| RNWFX - MELAX | 88% Closely correlated | -0.39% | ||
| FNWFX - MELAX | 84% Closely correlated | -0.39% | ||
| RNWHX - MELAX | 83% Closely correlated | -0.39% | ||
| VEIEX - MELAX | 76% Closely correlated | -0.68% | ||
| VEMRX - MELAX | 76% Closely correlated | -0.66% | ||
More | ||||