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% | -0.35% | ||
| HYLB - CDX | 62% Loosely correlated | -0.34% | ||
| SJNK - CDX | 61% Loosely correlated | -0.29% | ||
| HYG - CDX | 56% Loosely correlated | -0.35% | ||
| JNK - CDX | 55% Loosely correlated | -0.40% | ||
| USHY - CDX | 54% Loosely correlated | -0.36% | ||
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