A.I.dvisor indicates that over the last year, UWM has been closely correlated with SPXL. These tickers have moved in lockstep 85% of the time. This A.I.-generated data suggests there is a high statistical probability that if UWM jumps, then SPXL could also see price increases.
Ticker / NAME | Correlation To UWM | 1D Price Change % | ||
---|---|---|---|---|
UWM | 100% | -0.68% | ||
SPXL - UWM | 85% Closely correlated | +1.06% | ||
SSO - UWM | 73% Closely correlated | +0.73% | ||
IFED - UWM | 67% Closely correlated | +0.10% | ||
QULL - UWM | 66% Loosely correlated | N/A | ||
TQQQ - UWM | 58% Loosely correlated | +0.65% | ||
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