A.I.dvisor indicates that over the last year, YLD has been closely correlated with SHYG. These tickers have moved in lockstep 71% of the time. This A.I.-generated data suggests there is a high statistical probability that if YLD jumps, then SHYG could also see price increases.
Ticker / NAME | Correlation To YLD | 1D Price Change % | ||
---|---|---|---|---|
YLD | 100% | N/A | ||
SHYG - YLD | 71% Closely correlated | -0.12% | ||
JNK - YLD | 71% Closely correlated | -0.14% | ||
HYG - YLD | 71% Closely correlated | -0.19% | ||
SJNK - YLD | 69% Closely correlated | -0.12% | ||
USHY - YLD | 65% Loosely correlated | -0.16% | ||
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