A.I.dvisor tells us that NJNK and JNK have been poorly correlated (+14% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that NJNK and JNK's prices will move in lockstep.
| Ticker / NAME | Correlation To NJNK | 1D Price Change % | ||
|---|---|---|---|---|
| NJNK | 100% | -0.15% | ||
| JNK - NJNK | 14% Poorly correlated | -0.17% | ||
| USHY - NJNK | 14% Poorly correlated | -0.17% | ||
| SPHY - NJNK | 13% Poorly correlated | -0.22% | ||
| HYG - NJNK | 12% Poorly correlated | -0.19% | ||
| SHYG - NJNK | 11% Poorly correlated | -0.15% |