A.I.dvisor indicates that over the last year, HYT has been closely correlated with SHYG. These tickers have moved in lockstep 74% of the time. This A.I.-generated data suggests there is a high statistical probability that if HYT jumps, then SHYG could also see price increases.
Ticker / NAME | Correlation To HYT | 1D Price Change % | ||
---|---|---|---|---|
HYT | 100% | -0.31% | ||
SHYG - HYT | 74% Closely correlated | +0.12% | ||
USHY - HYT | 71% Closely correlated | +0.09% | ||
SPHY - HYT | 71% Closely correlated | +0.08% | ||
HYLB - HYT | 68% Closely correlated | +0.03% | ||
SJNK - HYT | 61% Loosely correlated | +0.12% | ||
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