A.I.dvisor indicates that over the last year, CWEB has been loosely correlated with SPXL. These tickers have moved in lockstep 40% of the time. This A.I.-generated data suggests there is some statistical probability that if CWEB jumps, then SPXL could also see price increases.
Ticker / NAME | Correlation To CWEB | 1D Price Change % | ||
---|---|---|---|---|
CWEB | 100% | -3.72% | ||
SPXL - CWEB | 40% Loosely correlated | -1.14% | ||
SSO - CWEB | 35% Loosely correlated | -0.74% | ||
TQQQ - CWEB | 34% Loosely correlated | -1.62% | ||
QLD - CWEB | 34% Loosely correlated | -1.07% | ||
SOXL - CWEB | 32% Poorly correlated | -6.90% | ||
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