Category IntermediateTermBond
A.I.dvisor indicates that over the last year, PTBD has been closely correlated with HYG. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if PTBD jumps, then HYG could also see price increases.
Ticker / NAME | Correlation To PTBD | 1D Price Change % | ||
---|---|---|---|---|
PTBD | 100% | -0.19% | ||
HYG - PTBD | 88% Closely correlated | -0.03% | ||
JNK - PTBD | 88% Closely correlated | -0.06% | ||
HYLB - PTBD | 88% Closely correlated | -0.03% | ||
USHY - PTBD | 87% Closely correlated | -0.05% | ||
SHYG - PTBD | 86% Closely correlated | -0.05% | ||
More |