Correlations

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Baltic Dry Index

The Baltic Dry Index displays ship freight rates to transport raw materials, like iron ore, coal, grain, bauxite/alumina, phosphate, steel, copper, cement, sand and gravel. Shipping and freight companies will benefit from the increase of Baltic Dry Index as they can increase their shipping cost.




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.