A.I.dvisor indicates that over the last year, PLAB has been closely correlated with RMBS. These tickers have moved in lockstep 71% of the time. This A.I.-generated data suggests there is a high statistical probability that if PLAB jumps, then RMBS could also see price increases.
Ticker / NAME | Correlation To PLAB | 1D Price Change % | ||
---|---|---|---|---|
PLAB | 100% | -0.73% | ||
RMBS - PLAB | 71% Closely correlated | -3.59% | ||
KLIC - PLAB | 71% Closely correlated | -1.90% | ||
SYNA - PLAB | 71% Closely correlated | +1.56% | ||
POWI - PLAB | 70% Closely correlated | -0.85% | ||
NXPI - PLAB | 69% Closely correlated | +0.52% | ||
More |
Ticker / NAME | Correlation To PLAB | 1D Price Change % |
---|---|---|
PLAB | 100% | -0.73% |
PLAB (17 stocks) | 76% Closely correlated | -0.49% |
Electronic Production Equipment (64 stocks) | 64% Loosely correlated | +0.68% |