A.I.dvisor indicates that over the last year, NUGT has been loosely correlated with SPXL. These tickers have moved in lockstep 37% of the time. This A.I.-generated data suggests there is some statistical probability that if NUGT jumps, then SPXL could also see price increases.
Ticker / NAME | Correlation To NUGT | 1D Price Change % | ||
---|---|---|---|---|
NUGT | 100% | -0.55% | ||
SPXL - NUGT | 37% Loosely correlated | -14.22% | ||
SSO - NUGT | 37% Loosely correlated | -9.53% | ||
FNGU - NUGT | 34% Loosely correlated | N/A | ||
TQQQ - NUGT | 34% Loosely correlated | -16.07% | ||
QLD - NUGT | 34% Loosely correlated | -10.69% | ||
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