A.I.dvisor indicates that over the last year, DEFR has been closely correlated with FBND. These tickers have moved in lockstep 80% of the time. This A.I.-generated data suggests there is a high statistical probability that if DEFR jumps, then FBND could also see price increases.
| Ticker / NAME | Correlation To DEFR | 1D Price Change % | ||
|---|---|---|---|---|
| DEFR | 100% | -0.58% | ||
| FBND - DEFR | 80% Closely correlated | -0.72% | ||
| BOND - DEFR | 80% Closely correlated | -0.87% | ||
| JCPB - DEFR | 80% Closely correlated | -0.68% | ||
| CGCP - DEFR | 79% Closely correlated | -0.69% | ||
| IUSB - DEFR | -11% Poorly correlated | -0.64% |