(0.24%) 4 283.85 points
(0.03%) 33 573 points
(0.36%) 13 276 points
(0.26%) $1 979.40
(0.31%) 1 039.60
-3.11% CNY 10.91
Sinomach Precision Industry Co., Ltd. engages in the research, development, manufactures, and sale of bearings and bearing units in China. The company offers bearing field and super hard material products...
|10 Most Positive Correlations|
|10 Most Negative Correlations|
Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).
Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.
Sinomach Precision Industry Co., Ltd. engages in the research, development, manufactures, and sale of bearings and bearing units in China. The company offers bearing field and super hard material products. It also provides consolidated abrasives and coated abrasives. In addition, the company provides trade services. It serves aerospace, automotive and rail transportation, energy and environmental protection, machine tools, petrochemicals, electronics, metallurgy, construction, and other industries. The company was formerly known as Luoyang Bearing Science & Technology Co.,Ltd and changed its name to Sinomach Precision Industry Co., Ltd. in December 2020. Sinomach Precision Industry Co., Ltd. was founded in 2001 and is based in Zhengzhou, China.