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% | +2.40% | ||
| RMBS - PLAB | 71% Closely correlated | +1.62% | ||
| SYNA - PLAB | 71% Closely correlated | -1.41% | ||
| POWI - PLAB | 70% Closely correlated | -0.26% | ||
| NXPI - PLAB | 69% Closely correlated | -6.53% | ||
| DIOD - PLAB | 68% Closely correlated | +0.39% | ||
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| Ticker / NAME | Correlation To PLAB | 1D Price Change % |
|---|---|---|
| PLAB | 100% | +2.40% |
| Electronic Production Equipment industry (30 stocks) | 60% Loosely correlated | +2.68% |
| PLAB industry (3 stocks) | 53% Loosely correlated | +0.95% |