A.I.dvisor tells us that ERX and SPXL have been poorly correlated (+30% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that ERX and SPXL's prices will move in lockstep.
Ticker / NAME | Correlation To ERX | 1D Price Change % | ||
---|---|---|---|---|
ERX | 100% | -0.11% | ||
SPXL - ERX | 30% Poorly correlated | -0.71% | ||
SSO - ERX | 29% Poorly correlated | -0.46% | ||
SOXL - ERX | 15% Poorly correlated | -1.64% | ||
TQQQ - ERX | 15% Poorly correlated | +0.84% | ||
QLD - ERX | 15% Poorly correlated | +0.57% | ||
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