A.I.dvisor indicates that over the last year, NUE has been closely correlated with STLD. These tickers have moved in lockstep 90% 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% | +2.11% | ||
STLD - NUE | 90% Closely correlated | +4.34% | ||
CMC - NUE | 79% Closely correlated | +1.05% | ||
RS - NUE | 76% Closely correlated | +1.08% | ||
CLF - NUE | 75% Closely correlated | +4.14% | ||
MTUS - NUE | 65% Loosely correlated | -0.61% | ||
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