A.I.dvisor indicates that over the last year, CDX has been loosely correlated with SJNK. These tickers have moved in lockstep 63% of the time. This A.I.-generated data suggests there is some statistical probability that if CDX jumps, then SJNK could also see price increases.
Ticker / NAME | Correlation To CDX | 1D Price Change % | ||
---|---|---|---|---|
CDX | 100% | +0.04% | ||
SJNK - CDX | 63% Loosely correlated | +0.04% | ||
USHY - CDX | 50% Loosely correlated | N/A | ||
JNK - CDX | 50% Loosely correlated | -0.05% | ||
HYG - CDX | 50% Loosely correlated | -0.01% | ||
SPHY - CDX | 47% Loosely correlated | N/A | ||
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