A.I.dvisor indicates that over the last year, PHT has been closely correlated with SHYG. These tickers have moved in lockstep 75% of the time. This A.I.-generated data suggests there is a high statistical probability that if PHT jumps, then SHYG could also see price increases.
Ticker / NAME | Correlation To PHT | 1D Price Change % | ||
---|---|---|---|---|
PHT | 100% | +1.34% | ||
SHYG - PHT | 75% Closely correlated | +0.79% | ||
USHY - PHT | 73% Closely correlated | +0.96% | ||
HYLB - PHT | 73% Closely correlated | +0.90% | ||
SPHY - PHT | 72% Closely correlated | +0.87% | ||
SJNK - PHT | 55% Loosely correlated | +0.77% | ||
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