A.I.dvisor indicates that over the last year, CDX has been loosely correlated with SHYG. These tickers have moved in lockstep 62% of the time. This A.I.-generated data suggests there is some statistical probability that if CDX jumps, then SHYG could also see price increases.
| Ticker / NAME | Correlation To CDX | 1D Price Change % | ||
|---|---|---|---|---|
| CDX | 100% | -0.05% | ||
| SHYG - CDX | 62% Loosely correlated | -0.19% | ||
| HYLB - CDX | 62% Loosely correlated | N/A | ||
| HYG - CDX | 62% Loosely correlated | -0.06% | ||
| SPHY - CDX | 61% Loosely correlated | -0.04% | ||
| SJNK - CDX | 61% Loosely correlated | -0.04% | ||
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