A.I.dvisor indicates that over the last year, CDX has been closely correlated with HYG. These tickers have moved in lockstep 67% of the time. This A.I.-generated data suggests there is a high statistical probability that if CDX jumps, then HYG could also see price increases.
Ticker / NAME | Correlation To CDX | 1D Price Change % | ||
---|---|---|---|---|
CDX | 100% | -0.17% | ||
HYG - CDX | 67% Closely correlated | -0.30% | ||
USHY - CDX | 66% Closely correlated | -0.27% | ||
JNK - CDX | 66% Loosely correlated | -0.31% | ||
SHYG - CDX | 65% Loosely correlated | -0.23% | ||
SJNK - CDX | 65% Loosely correlated | -0.24% | ||
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