A.I.dvisor indicates that over the last year, DEFR has been closely correlated with FBND. These tickers have moved in lockstep 82% 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% | +0.11% | ||
| FBND - DEFR | 82% Closely correlated | N/A | ||
| BOND - DEFR | 81% Closely correlated | +0.03% | ||
| JCPB - DEFR | 81% Closely correlated | +0.04% | ||
| CGCP - DEFR | 80% Closely correlated | +0.05% | ||
| IUSB - DEFR | -11% Poorly correlated | +0.02% |