A.I.dvisor indicates that over the last year, NUE has been closely correlated with STLD. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if NUE jumps, then STLD could also see price increases.
Ticker / NAME | Correlation To NUE | 1D Price Change % | ||
---|---|---|---|---|
NUE | 100% | -0.38% | ||
STLD - NUE | 85% Closely correlated | -1.37% | ||
RS - NUE | 79% Closely correlated | +0.11% | ||
CMC - NUE | 76% Closely correlated | +0.53% | ||
CLF - NUE | 75% Closely correlated | -0.26% | ||
ZEUS - NUE | 65% Loosely correlated | +0.98% | ||
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