A.I.dvisor indicates that over the last year, NUE has been closely correlated with STLD. These tickers have moved in lockstep 87% 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% | -3.37% | ||
STLD - NUE | 87% Closely correlated | -3.23% | ||
CLF - NUE | 75% Closely correlated | -5.26% | ||
CMC - NUE | 74% Closely correlated | -2.08% | ||
RS - NUE | 71% Closely correlated | -0.53% | ||
MTUS - NUE | 59% Loosely correlated | -1.82% | ||
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