A.I.dvisor indicates that over the last year, EAD has been loosely correlated with SJNK. These tickers have moved in lockstep 65% of the time. This A.I.-generated data suggests there is some statistical probability that if EAD jumps, then SJNK could also see price increases.
Ticker / NAME | Correlation To EAD | 1D Price Change % | ||
---|---|---|---|---|
EAD | 100% | -0.57% | ||
SJNK - EAD | 65% Loosely correlated | -0.12% | ||
SHYG - EAD | 63% Loosely correlated | -0.09% | ||
JNK - EAD | 63% Loosely correlated | -0.12% | ||
USHY - EAD | 62% Loosely correlated | -0.04% | ||
HYG - EAD | 62% Loosely correlated | -0.11% | ||
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