A.I.dvisor indicates that over the last year, STLD has been closely correlated with NUE. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if STLD jumps, then NUE could also see price increases.
Ticker / NAME | Correlation To STLD | 1D Price Change % | ||
---|---|---|---|---|
STLD | 100% | +1.30% | ||
NUE - STLD | 87% Closely correlated | -0.87% | ||
CMC - STLD | 74% Closely correlated | +0.02% | ||
RS - STLD | 71% Closely correlated | +0.86% | ||
CLF - STLD | 68% Closely correlated | -3.52% | ||
MTUS - STLD | 60% Loosely correlated | -1.69% | ||
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