A.I.dvisor indicates that over the last year, SHYG has been closely correlated with SJNK. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if SHYG jumps, then SJNK could also see price increases.
Ticker / NAME | Correlation To SHYG | 1D Price Change % | ||
---|---|---|---|---|
SHYG | 100% | -0.12% | ||
SJNK - SHYG | 99% Closely correlated | -0.12% | ||
JNK - SHYG | 98% Closely correlated | -0.18% | ||
HYG - SHYG | 98% Closely correlated | -0.21% | ||
HYLB - SHYG | 97% Closely correlated | -0.16% | ||
USHY - SHYG | 97% Closely correlated | -0.11% | ||
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