A.I.dvisor indicates that over the last year, NJNK has been loosely correlated with JNK. These tickers have moved in lockstep 34% of the time. This A.I.-generated data suggests there is some statistical probability that if NJNK jumps, then JNK could also see price increases.
| Ticker / NAME | Correlation To NJNK | 1D Price Change % | ||
|---|---|---|---|---|
| NJNK | 100% | -0.33% | ||
| JNK - NJNK | 34% Loosely correlated | -0.41% | ||
| USHY - NJNK | 34% Loosely correlated | -0.36% | ||
| SPHY - NJNK | 33% Poorly correlated | -0.40% | ||
| HYG - NJNK | 32% Poorly correlated | -0.43% | ||
| SHYG - NJNK | 29% Poorly correlated | -0.24% |