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Category MultisectorBond
A.I.dvisor tells us that ABI and JPIE have been poorly correlated (+20% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that ABI and JPIE's prices will move in lockstep.
| Ticker / NAME | Correlation To ABI | 1D Price Change % | ||
|---|---|---|---|---|
| ABI | 100% | -0.01% | ||
| JPIE - ABI | 20% Poorly correlated | -0.40% | ||
| PYLD - ABI | 19% Poorly correlated | -0.47% | ||
| PDI - ABI | 17% Poorly correlated | +0.86% | ||
| BINC - ABI | 16% Poorly correlated | -0.45% | ||
| CGMS - ABI | 11% Poorly correlated | +0.04% |
The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.