A.I.dvisor indicates that over the last year, CDX has been loosely correlated with HYLB. These tickers have moved in lockstep 62% of the time. This A.I.-generated data suggests there is some statistical probability that if CDX jumps, then HYLB could also see price increases.
Ticker / NAME | Correlation To CDX | 1D Price Change % | ||
---|---|---|---|---|
CDX | 100% | -0.48% | ||
HYLB - CDX | 62% Loosely correlated | -0.11% | ||
SHYG - CDX | 61% Loosely correlated | -0.09% | ||
HYG - CDX | 61% Loosely correlated | -0.11% | ||
SJNK - CDX | 61% Loosely correlated | -0.12% | ||
USHY - CDX | 59% Loosely correlated | -0.04% | ||
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