A.I.dvisor indicates that over the last year, STLD has been closely correlated with NUE. These tickers have moved in lockstep 85% 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% | +0.64% | ||
NUE - STLD | 85% Closely correlated | +1.23% | ||
CMC - STLD | 72% Closely correlated | +1.21% | ||
RS - STLD | 67% Closely correlated | +0.92% | ||
CLF - STLD | 65% Loosely correlated | +1.89% | ||
MTUS - STLD | 58% Loosely correlated | +2.94% | ||
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