A.I.dvisor indicates that over the last year, MELI has been loosely correlated with CVNA. These tickers have moved in lockstep 52% of the time. This A.I.-generated data suggests there is some statistical probability that if MELI jumps, then CVNA could also see price increases.
Ticker / NAME | Correlation To MELI | 1D Price Change % | ||
---|---|---|---|---|
MELI | 100% | +0.03% | ||
CVNA - MELI | 52% Loosely correlated | -1.45% | ||
DASH - MELI | 37% Loosely correlated | -0.84% | ||
JMIA - MELI | 37% Loosely correlated | -5.81% | ||
SE - MELI | 36% Loosely correlated | +0.16% | ||
AMZN - MELI | 27% Poorly correlated | -1.12% | ||
More |