A.I.dvisor indicates that over the last year, SMHB has been loosely correlated with SPXL. These tickers have moved in lockstep 59% of the time. This A.I.-generated data suggests there is some statistical probability that if SMHB jumps, then SPXL could also see price increases.
Ticker / NAME | Correlation To SMHB | 1D Price Change % | ||
---|---|---|---|---|
SMHB | 100% | +1.92% | ||
SPXL - SMHB | 59% Loosely correlated | -0.17% | ||
SSO - SMHB | 59% Loosely correlated | -0.10% | ||
TQQQ - SMHB | 45% Loosely correlated | -0.36% | ||
SOXL - SMHB | 45% Loosely correlated | +3.02% | ||
QLD - SMHB | 45% Loosely correlated | -0.23% |