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% | -0.39% | ||
SJNK - CDX | 63% Loosely correlated | -0.24% | ||
SHYG - CDX | 61% Loosely correlated | -0.19% | ||
HYG - CDX | 60% Loosely correlated | -0.26% | ||
USHY - CDX | 59% Loosely correlated | -0.24% | ||
JNK - CDX | 59% Loosely correlated | -0.29% | ||
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