A.I.dvisor indicates that over the last year, SMH has been closely correlated with SHOC. These tickers have moved in lockstep 95% of the time. This A.I.-generated data suggests there is a high statistical probability that if SMH jumps, then SHOC could also see price increases.
Ticker / NAME | Correlation To SMH | 1D Price Change % | ||
---|---|---|---|---|
SMH | 100% | +1.19% | ||
SHOC - SMH | 95% Closely correlated | +0.89% | ||
SOXQ - SMH | 94% Closely correlated | +1.51% | ||
SOXX - SMH | 93% Closely correlated | +1.49% | ||
IXN - SMH | 93% Closely correlated | +0.41% | ||
FTXL - SMH | 92% Closely correlated | +1.17% | ||
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