A.I.dvisor tells us that NJNK and JNK have been poorly correlated (+24% 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% | +0.13% | ||
| JNK - NJNK | 24% Poorly correlated | +0.16% | ||
| USHY - NJNK | 23% Poorly correlated | +0.11% | ||
| SPHY - NJNK | 21% Poorly correlated | +0.18% | ||
| HYG - NJNK | 21% Poorly correlated | +0.20% | ||
| SHYG - NJNK | 20% Poorly correlated | +0.05% |