The investment seeks to provide current income, consistent with preservation of capital... Show more
Category UltrashortBond
A.I.dvisor indicates that over the last year, YEAR has been closely correlated with JPST. These tickers have moved in lockstep 91% of the time. This A.I.-generated data suggests there is a high statistical probability that if YEAR jumps, then JPST could also see price increases.
| Ticker / NAME | Correlation To YEAR | 1D Price Change % | ||
|---|---|---|---|---|
| YEAR | 100% | -0.03% | ||
| JPST - YEAR | 91% Closely correlated | +0.02% | ||
| SHV - YEAR | 77% Closely correlated | -0.01% | ||
| SGOV - YEAR | 75% Closely correlated | +0.02% | ||
| BIL - YEAR | 71% Closely correlated | N/A | ||
| VUSB - YEAR | 50% Loosely correlated | N/A | ||
More | ||||
The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.
Following a +0.06% 3-day Advance, the price is estimated to grow further. Considering data from situations where YEAR advanced for three days, in 31 of 302 cases, the price rose further within the following month. The odds of a continued upward trend are 10%.
The Aroon Indicator entered an Uptrend today. In 50 of 610 cases where YEAR Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 8%.