Correlations

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Steel Rebar

When the steel rebar price increases, companies related to steels and metals will be able to increase their average selling price and indirectly improve their profit margin. Normally, steel rebar price has a positive correlation with companies' revenue that are involved in steel and metals manufacturing.



Stock Last Price 1D % After 2019 All Time Days Trading Sectors

Note:

  • Correlations score shown above is representing Pearson correlation coefficient (Pearson's r).
  • Newly listed companies have been filtered out due to lack of data points.