A.I.dvisor indicates that over the last year, SEMI has been closely correlated with SOXX. These tickers have moved in lockstep 70% of the time. This A.I.-generated data suggests there is a high statistical probability that if SEMI jumps, then SOXX could also see price increases.
Ticker / NAME | Correlation To SEMI | 1D Price Change % | ||
---|---|---|---|---|
SEMI | 100% | -1.05% | ||
SOXX - SEMI | 70% Closely correlated | -0.54% | ||
SMH - SEMI | 69% Closely correlated | -0.17% | ||
XLK - SEMI | 64% Loosely correlated | -0.15% | ||
VGT - SEMI | 62% Loosely correlated | -0.22% | ||
IYW - SEMI | 61% Loosely correlated | N/A |