A.I.dvisor indicates that over the last year, PSH has been closely correlated with SHYG. These tickers have moved in lockstep 89% of the time. This A.I.-generated data suggests there is a high statistical probability that if PSH jumps, then SHYG could also see price increases.
Ticker / NAME | Correlation To PSH | 1D Price Change % | ||
---|---|---|---|---|
PSH | 100% | +0.29% | ||
SHYG - PSH | 89% Closely correlated | +0.12% | ||
HYG - PSH | 88% Closely correlated | +0.06% | ||
SPHY - PSH | 87% Closely correlated | +0.08% | ||
USHY - PSH | 87% Closely correlated | +0.09% | ||
JNK - PSH | 80% Closely correlated | +0.06% |