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% | -1.33% | ||
| RMBS - PLAB | 71% Closely correlated | -1.49% | ||
| SYNA - PLAB | 71% Closely correlated | -1.13% | ||
| POWI - PLAB | 70% Closely correlated | -0.18% | ||
| NXPI - PLAB | 69% Closely correlated | -0.69% | ||
| DIOD - PLAB | 68% Closely correlated | -0.30% | ||
More | ||||
| Ticker / NAME | Correlation To PLAB | 1D Price Change % |
|---|---|---|
| PLAB | 100% | -1.33% |
| Electronic Production Equipment industry (30 stocks) | 61% Loosely correlated | -1.07% |
| PLAB industry (10 stocks) | 55% Loosely correlated | -0.77% |