A.I.dvisor indicates that over the last year, STLD has been closely correlated with NUE. These tickers have moved in lockstep 90% 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% | +4.34% | ||
NUE - STLD | 90% Closely correlated | +2.11% | ||
CMC - STLD | 79% Closely correlated | +1.05% | ||
RS - STLD | 76% Closely correlated | +1.08% | ||
CLF - STLD | 73% Closely correlated | +4.14% | ||
MTUS - STLD | 66% Loosely correlated | -0.61% | ||
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